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Which villas in West Algarve offer potential rental income?

Villa in Luz

ref. LW2398
4.851.696DKK
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

This villa in West Algarve stands out as a prime opportunity for those seeking rental income potential. The one-level detached villa, located in Luz, includes a successful guest annex that has been utilized for holiday rentals, creating a reliable income stream. Offering three bedrooms and two bathrooms in the main residence plus a charming one-bedroom annex, this property presents excellent versatility. The spacious 145m² living area, combined with the large 565m² plot, provides ample space for recreational activities. Located just 3km from the stunning beach, this villa attracts both holidaymakers and long-term renters, making it perfect for investment. The peaceful neighbourhood coupled with nearby local amenities enhances its desirability for potential tenants. Priced at €650,000, this property not only serves as a lovely family home but also as a sound investment. Don't miss out on this opportunity to establish a profitable rental business in the Algarve. Contact us today for more information!

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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