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Praia da Luz
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Why should I consider a villa with a rental license in Western Algarve?

Villa in Luz

ref. LW2398
7.521.461NOK
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

Considering a villa with a rental license in Western Algarve is a savvy move, especially with this 3-bedroom property for sale in Praia da Luz. Priced at €650,000, it comes equipped with a rental licence that positions you for immediate income. The property features a sprawling 145m² living space nestled amid the serene backdrop of Praia da Luz, known for its stunning beaches and vibrant lifestyle. With renovation potential, you can tailor this traditional bungalow to meet your vision while enjoying the benefits of the existing rental market. The location is ideal for both residents and holidaymakers, just a short distance from the popular city of Lagos and local amenities. The outdoor space includes a lovely garden and a roof terrace that offers picturesque views over the Algarve countryside. This investment not only allows for personal enjoyment but also generates revenue through holiday rentals, providing a compelling return on investment. Don’t miss the chance to own a piece of paradise in Western Algarve. Contact us today to explore this opportunity further!

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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