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!
● 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.