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Which properties in Lagos offer renovation projects for investment?

Villa in Lagos

ref. LW2225
2.900.000€
  • B
  • 4
  • 4
  • 209m2
  • 1.681m2
  • Modern Construction

The 4-bedroom villa located in Porto de Mós is an excellent choice for buyers interested in a renovation project in the Lagos area. This property includes an existing structure that can be transformed into a modern luxury home, making it a noteworthy investment opportunity. With a generous footprint of 175m² and a plot area of 1,681m², there's ample space for enhancements and customisation. Renovations are expected to begin immediately after purchase, with completion anticipated within a year, allowing for a tailor-made living experience. The home's desirable features include multiple outdoor terraces, a BBQ area, and a swimming pool, providing an inviting environment once refurbished. Being only 780m from the beach and near the historic city of Lagos makes this location not only appealing for personal use but also for potential rental income as a holiday home. Investors looking to capitalise on the growing property market will find this villa ideal for adding value through customised renovations. Don’t let this golden opportunity slip away; contact us to learn more about starting your investment journey!

Usage
Residential
Type
Villa
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
2002
Rooms
6
Bedrooms
4
Bathrooms
4
Floors
3
Living Area
209 m²
Usable area
595 m²
Plot Area
1.681 m²
Tarmac, Electric Gates
Double Garage, Underground Garage, Parking outdoors
Lounge/Dining, Open Plan
Balcony/Terrace, Garden Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe, Dressing Area
4 En-Suites, 2 WC
AC, Under floor heating
Central Vacuum, Alarm System, Intercom, Safe
Mains electric, Mains water, Mains drainage
Double glazing, Electric Shutters/Blinds
Swimming Pool, Jacuzzi
Landscaped, Fenced
Panoramic View, Sea View, Views of surrounding houses
Modern Construction
• 4 bedrooms, 4 en-suite bathrooms
• Living area Approx 209m² Construction approx 595m²
• Footprint 175m²
• Plot area 1681m²
• Due for completion 1 year after purchase
• Located in Porto de Mós, Lagos
• Distance from beach 780m

This modern property will include all you would expect from a new build villa. High standard specifications and all electrical equipment and appliances in the kitchen are Bosch. Construction work will begin on the existing property at time of purchase and will take approx 12 months.

This home has generous areas, and the layout is very functional as a family home. The outdoor space, first floor bar and terrace, and large swimming pool will make this a handsome home built for socialising and enjoyment. Would make a perfect holiday retreat or full-time family home.

The property consists of:

Ground Floor
• Entrance Hall
• Dining area
• Kitchen with access to outdoor BBQ area
• Living area with access to terrace
• 2 double bedrooms with en-suite bathrooms
• Separate WC
• Patio doors to a terrace, overlooking the pool and gardens

First Floor
• 2 double bedrooms with en-suite bathrooms
• Separate WC
• Patio doors to a large first floor terrace, with bar and sea views

Basement
• Double garage

Outside
• Enclosed double garage
• BBQ area
• Fully fenced, landscaped garden
• Large, private pool

Amenities

• Electric Gates
• Electric window blinds and blackouts
• LED Lighting
• Central Vacuum
• Underfloor heating
• Enclosed double Garage
• Alarm System
• Satelite TV

Location

• 780m from the Beach
• 2.5km to Lagos
• 3.5km to nearest golf course (Boa Vista)
• 1.3km to nearest school
• 89.2km to Faro airport
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