Owning a property across from Meia Praia beach represents a fantastic investment opportunity for various reasons. This unique two-storey house, priced at €950,000, has been licensed for habitation and offers immense potential for transformation into a stunning family home or a lucrative rental property. With stunning panoramic views from Praia da Rocha to Porto do Mos, this location is sought after by both buyers and renters alike.
The property spans across 176 m2 of usable living space and is strategically positioned only 160 metres from the beach, promising a lifestyle filled with outdoor activities and beach enjoyment. Inside, the flexible layout allows you to create individualized spaces, while the outdoor areas provide wonderful opportunities for relaxation and entertainment, featuring a wrap-around terrace and private decking.
Lagos town, with its lively atmosphere, shops, and restaurants, provides a vibrant local culture, and the nearby high-spec resort development promises significant growth in real estate value, enhancing the property's appeal as a sound investment. Whether you’re considering making this your permanent home or a seasonal rental, it offers versatility and great potential for a strong return. Don’t hesitate—explore this investment opportunity today to secure your slice of paradise!
• Living Area 176 m2
• Construction Area 339 m2
• Plot 213 m2
• Master Bedroom
• Private Terraces
• Private Decking area
• Distance to the Beach 160 m
Situated across from Meia Praia beach, this property boasts wonderful features, including fully glass patio doors on two sides on the ground floor and glass-enclosed terrace on the first floor, ideal for enjoying the panoramic sea views in all seasons. The outside areas offer a ground floor wrap around terrace and a raised private deck area that could accommodate a bbq and jacuzzi area. The existing rooms could be transformed into a large master bedroom with en-suite, an open planned living area, overlooking the sea and a large kitchen and dining area with wrap around balcony overlooking the decking area. In Addition, there is a large basement which could be transformed into different areas, (office, wine cellar, gym ) as well as an additional room to be used as a guest room / office space.
The property consist of:
Ground level - Upon Entrance
• Entrance hall
• Bar and dining area with glass patio doors
• Male and female toilets
• Office / kitchen space leading to outdoor wraparound terrace
First Floor
• Large Industrial kitchen and serving area ( Master Bedroom and en-suite )
• Open planned living area
• Fully glassed internal terrace
Outside Areas
• Wrap around back terrace
• Raised decking area
• Wrap around front balcony
• Private parking
Amenities
• Private Terraces
• Double Glazing
• Air Conditioning 3 in 1
• 2 car spaces in garage and parking spaces outdoor
• Fire alarm
• Combo water heating
• Resort facilities ( reception and pool )
Location
• 160 m from the Beach ( Meia Praia)
• 2.9 km to Lagos town
• 3.5 km to nearest golf course ( Palmares )
• 2 km to nearest school
• 82 km to Faro airport
Other Info
The property will also benefit from a new high spec resort as its neighbour which is estimated to take 2 years to complete. Once finished the resort will have 2 tiers of modern hotel and apartments and to the side of the property, it will have manicured lawns.
