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Praia da Luz
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Why is this traditional bungalow in Praia da Luz a smart investment?

Villa in Luz

ref. LW2398
7.119.527SEK
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

This traditional bungalow in Praia da Luz is a smart investment, priced at €650,000, especially for those looking for property with rental potential in a desirable location. With a valid rental license, this property offers fantastic income opportunities while still being suitable for family living. The 3-bedroom layout provides ample space, complemented by two bathrooms and a guest accommodation area in the converted garage. Situated only 3km from the beach and within easy reach of Lagos, this home is perfect for attracting both long-term residents and holidaymakers. The property also requires some renovations, presenting the chance to increase its value significantly with your personal touch. The surrounding area offers a wealth of local amenities and recreational activities, further enhancing the appeal of this investment. As interest in the Algarve property market continues to grow, securing a traditional bungalow like this one positions you well for a lucrative return in the future. Don’t miss this chance to invest wisely—contact us for more details or to schedule a visit!

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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