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What is the cost of a villa with a separate apartment for investment in the Algarve?

Villa in Praia da Luz

ref. LW2392
860.000€
  • C
  • 5
  • 3
  • 210m2
  • 3.400m2

The cost of this remarkable 5-bedroom villa in the Algarve is €860,000, presenting an attractive investment opportunity. The property includes a unique design that facilitates two separate living spaces, making it easier to rent out one section while enjoying the other. With three bedrooms and two bathrooms on the ground floor and an additional two-bedroom apartment on the lower level, this layout is perfect for multi-generational living or holiday rentals.

Set on a large 3400 m² plot, the villa comes complete with a heated swimming pool and several private terraces for outdoor relaxation. Located merely 1.9 km from the picturesque Praia da Luz, residents can easily enjoy the beach and local amenities. The vibrant town of Lagos is just 15 minutes away, enhancing the property’s appeal for potential buyers.

This villa stands out not only for its size but also for its potential returns on investment through short-term rentals, given its desirable location. It’s an ideal choice for those looking for a property to buy in the Algarve that combines luxury with profitability. Secure your future today with this exceptional property.

Get in touch now to learn more about this investment opportunity!

Usage
Residential
Type
Villa
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
8
Bedrooms
5
Bathrooms
3
Floors
2
Furnished
Partly
Living Area
210 m²
Usable area
225 m²
Plot Area
3.400 m²
Country Road, Driveway, Manual Entrance Gate
Private Parking, Parking outdoors
Lounge/Dining
Garden Terrace
Fully Fitted, Fully Equipped
Office/Study
1 En-Suite, 2 Family Bathrooms
Pellet burner, Underfloor Heating in Bathroom
Satellite/Internet TV, High Speed Internet
Mains water, Mains electric, Septic tank
Double glazing, Security Grills
Swimming Pool, Solar Heated, Manual cover
Landscaped, Natural, Private, Fenced
Countryside View
● Exclusive with Togofor Homes
● Living Area 210m², Construction Area 225m²
● Plot 3400m²
● 5 Bedrooms, 3 Bathrooms
● Private Terraces
● Heated Swimming pool
● Distance to the Beach 1,9km

The property has been built on 2 levels, connected with an outdoor staircase on the garden side, so can be used as separate apartments.

The property consists of:

Groundfloor Level
• Entrance hall
• Living/dining area with doors
• Fitted and equipped open-plan kitchen
• 3 double bedrooms (1 with en-suite bathroom)
• Family bathroom
• Patio doors to balcony and staircase.

Lower Level
• Fitted and equipped open-plan kitchen
• Living/dining area
• 2 double bedrooms
• Family bathroom

External
• Parking area
• Terraces
• Dining area
• Heated swimming pool

Amenities

• Private terraces
• Double glazing
• Swimming Pool
• Mains water, electricity, septic tank
• Underfloor heating in bathrooms
• Pellet burner
• High Speed internet (1GB)

Location

• 1,9km from the Beach (Praia da Luz)
• 650m to Luz
• 5,1km to nearest golf course (Espiche)
• 400m to nearest school
• 90,7km to Faro airport

Other Info

• Property does not have air conditioning
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