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Where are the best investment properties near beaches in Algarve for sale?

Villa in Luz

ref. LW2398
7.634.757NOK 7.282.384NOK
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

If you're looking for the best investment properties near beaches in the Algarve, this 3-bedroom bungalow in Praia da Luz is a premier option. Priced at €620,000, it comes with a rental license, ensuring you can start earning rental income immediately. Just 3km from the beach and close to the amenities of Lagos, this location is highly sought after by tourists, making it a smart investment for rental returns. The spacious living area, alongside the three bedrooms, offers flexibility for families or groups, while the converted garage can serve as guest accommodation, adding to its appeal. With a plot of 565m² and a delightful outdoor space, there’s potential for enhancements that could further increase the property's value. Enjoy the Algarve's sunny climate and vibrant lifestyle, with golf courses and beaches at your fingertips, making this property perfect for both personal enjoyment and investment. Given its location and features, you won't want to miss out on this opportunity. Act fast and contact us to arrange a viewing!

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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