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Which properties in Praia da Luz offer good rental returns?

Villa in Luz

ref. LW2398
5.429.902CNY
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

Several properties in Praia da Luz, including this charming bungalow, promise excellent rental returns due to their attractive features and prime location. This 3-bedroom villa comes with a rental license and is situated in a quiet area, just a short drive from the beaches and amenities that draw seasonal tourists. The demand for rental properties in this area remains consistently high, particularly for spacious homes like this one, which include additional guest accommodation through a converted garage. The successful rental history of properties in this vicinity indicates strong returns, making it an attractive investment option. With the vibrant local culture, easy accessibility to golf courses, and proximity to the lively city of Lagos, this bungalow caters to various markets, from family vacations to winter escapes. If you're interested in maximising rental income, this property is well worth considering. Contact us for more details and to arrange a viewing today!

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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