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Praia da Luz
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Which properties for sale near Lagos offer good rental returns?

Villa in Luz

ref. LW2398
112.663.611¥
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

If you’re searching for properties near Lagos that provide excellent rental returns, look no further than this 3-bedroom bungalow in Praia da Luz. Priced at €650,000, this property comes with a valid rental licence, ensuring a steady income stream for savvy investors. Set in a peaceful area, just 3km from beautiful beaches and a quick drive to the lively Lagos town, it offers the ideal balance of tranquillity and accessibility. Its generous plot of 565m² features a converted garage used as guest accommodation, maximising its rental potential. This villa requires some cosmetic renovations, affording you the opportunity to personalise it while benefiting from existing rental income. The spacious living area, fenced garden, and roof terrace with scenic views provide spaces for relaxation or entertaining guests. With a growing demand for holiday rentals in the Algarve, this property presents a smart investment choice. Learn more about how you can secure this incredible opportunity for rental returns. Contact us now 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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