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What is the price for a 3-bedroom villa with a rental license in Praia da Luz?

Villa in Luz

ref. LW2398
573.831£ 547.347£
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

This 3-bedroom villa in Praia da Luz is currently priced at €650,000 and comes with a rental license, making it an excellent investment opportunity. Located just 3km from the beach in a quiet residential area, it is ideal for buyers looking for both a family home and a rental property. The spacious living area of 145m² on a 565m² plot is perfect for relaxation. With 3+1 bedrooms and 2+1 bathrooms, this home offers ample space for family and guests alike. The villa features a garage, which is currently converted into a guest annex, increasing its versatility. Enjoy cosy evenings in the living room complete with a fireplace, or take in the countryside views from the roof terrace. Additionally, easy access to amenities, including golf courses and international schools, enhances the property's appeal. Consider the potential for renovation to further increase the home's value and rental income. This is one opportunity that serious investors should not miss! Contact us now to learn more about this exceptional property!

Usage
Residential
Type
Villa
Town
Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1994
Rooms
5
Bedrooms
3
Bathrooms
3
Floors
1
Furnished
Partly
Living Area
145 m²
Surface area
175 m²
Plot Area
565 m²
Tarmac, Driveway
Garage, Driveway
Lounge/Dining
Terraces
Fully Fitted, Rustic
Other Rooms 1
Storage, T0 Annex
Other Rooms 2
Kitchenette
Fitted Wardrobe, Dressing Area
1 Family Bathroom, 1 En-Suite
Cable/Satellite TV, Internet/Phone
All mains, Gas Bottle
Double glazing, Aluminium, Manual Shutters/Blinds
Walled, Trees
Roof Terrace
Countryside View
• Living area 145m², Construction area 175m²
• Plot 565m²
• 3+1 bedrooms, 2+1 bathrooms
• Garage used as guest accommodation
• Roof terrace with countryside views
• Quiet location
• Requires some renovation
• 3km from the beach

This single-storey, 3-bedroom house is located in a quiet residential area of ​​Praia da Luz and is perfect for those looking for a business opportunity or a family home. The traditional property boasts a spacious living area, three bedrooms, and two bathrooms, as well as a lovely outdoor area. The main house has a successful rental license. The property also features a fenced garden and unobstructed views over Praia da Luz and the surrounding area. Furthermore, the garage was converted and is currently used as additional space for guests or family.

Internal
• Spacious living area with fireplace
• 3+1 bedrooms with fitted wardrobes (one used as an office)
• Separate kitchen
• Garage converted into an annex

External
• Fenced garden
• Carport
• Terrace with countryside views

Amenities

• Garage converted into guest annex
• Fireplace
• Fenced garden
• Water and electricity connections
• Double glazing with shutters

Location

• Distance to the sea: 1.1 km
• Nearest beach: 3.1 km
• Nearest golf course: 7.6 km
• Faro Airport: 93 km
• Nearest school: 130 m
• Nearest town (Luz): 2 km
• Close to several private (international) schools

Other Info

The garage is registered on the plans as a garage, but not as a converted annex.
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