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What investment opportunities exist for a villa with land near Lagos?

Villa in Arão

ref. LE2395
798.576$ 735.379$
  • E
  • 4
  • 3
  • 217m2
  • 7.920m2

Investing in a villa with land near Lagos offers multiple opportunities, particularly with this 4-bedroom property that comes with substantial potential for renovation. Priced at €640,000, this spacious villa is situated on an 8,000m² plot, making it ideal for those looking to create a family residence or a start for a B&B business. The villa's prime location between Lagos and Portimão allows for easy access to beaches, shops, and amenities.

The property features a private swimming pool, a large annex, and multiple terraces that enhance its appeal. With 3 bathrooms and a generous living space of 217m², the design allows for flexibility in usage, making it suitable for a range of investor needs. The possibility of transforming this villa into a profitable rental or a catered bed & breakfast presents itself thanks to its location and ample space.

In addition to the investment appeal, the property is located just 7.8 km from the beach and within a short distance from local golf courses and other recreational activities. For families, schools are nearby, and the local town provides various amenities for everyday living.

Seize this exciting investment opportunity in one of Portugal’s most sought-after regions. Contact us now to discuss this property further!

Usage
Residential
Type
Villa
Town
Arão
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
1989
Rooms
5
Bedrooms
4
Bathrooms
3
Floors
2
Furnished
Partly
Living Area
217 m²
Usable area
217 m²
Plot Area
7.920 m²
Country Road, Manual Entrance Gate
Driveway
Lounge/Dining
Garden Terrace, Balcony/Terrace
Open Plan, Partly fitted, Partially Equipped
Storage, Annex
1 En-Suite, 2 Bathrooms
Cable/Satellite TV, Internet/Phone
Mains electric, Mains water, Septic tank, Gas Bottle
Single Glazing, Manual Shutters/Blinds
Private
Private, Natural, Fenced
Courtyard, Bread Oven
Countryside View
● Living area 217m², Construction area 217m²
● Plot 7920m²
● Year of construction 1989
● 4 Bedroom, 3 Bathrooms
● Private terraces
● Annex
● Distance to the beach 7,8km

This 4 bedroom country retreat has great potential and, with some love, attention and renovation could be the secluded dream home you have always wanted. Built in 1989, this property has an open plan layout, beautiful country views, private terraces and gardens which, with some investment into renovation offers potential as a large family home, smallholding or future opportunity as a possible B&B with the approved application by the new owner.

The property consists of:
Ground Floor
• Entrance hall
• Living/dining room with patio doors.
• Fitted and equipped open-plan kitchen
• 2 double bedrooms (1 with en-suite bathroom)
• 3rd bedroom/Study
• Family bathroom
• Patio doors to a balcony and staircase

First Floor
• Double bedroom
• En-suite bathroom
• Patio doors to a large terrace and stairs

Outside Areas
• Terraces
• BBQ
• Bread ovens
• Large natural garden
• Swimming pool and tiled surround
• Large annex
• Pergola
• Garage

Amenities

• Mains electric and water
• Septic tank
• Single glazing with manual shutters

Location

• 7.8km from the Beach
• 7km to the Sea
• 6.4km to nearest golf course (Penina)
• 3.3km to nearest school
• 75.9 km to Faro airport
• 3km to Nearest town (Mexilhoeira Grande)
•10km Lagos/13km Portimao

Other Info

• Pool, garage, annex and pergola are not registered.
• Property has a public right of way and water course, which must be maintained.
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