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Where can I buy a 3-bedroom property in Praia da Luz with a rental licence?

Villa in Luz

ref. LW2398
650.000€
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

You can buy a charming 3-bedroom property in the scenic town of Praia da Luz, which comes with a rental licence for additional income potential. This traditional bungalow, set against the backdrop of the beautiful Algarve coast, is perfect for those looking for a lucrative investment or a spacious family home. Located in a quiet area, it includes three bedrooms and two bathrooms, with a total living area of 145m² and a plot size of 565m². The property's proximity to the beach is a major draw, just 3km away, making it attractive for holiday rentals. With renovation potential, you can customise it to your liking while benefiting from existing rental returns. The conversion of the garage into guest accommodation adds extra value, catering to families or visitors. Enjoy outdoor living with a lovely garden and roof terrace offering picturesque countryside views. This property is well-situated, being a short drive from the vibrant city of Lagos and local amenities. Explore the opportunity to invest in this property, combining residential comfort with financial benefits. Don’t miss out! Contact us today to arrange a viewing and secure your future in the Algarve!

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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