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typical portuguese property in the heart of Lagos, ideal investment & rental project

Apartment in Centro Lagos

Ref:  2836  |  Bedrooms:  3

€ 650.000  |  £ 569.048
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When entering this charming property you are instantly transported back in time 100 years to a typical, traditional Portuguese establishment with "azulejos" and marble floors.

The premises are spread over 3 floors. Currently the ground floor consists of a restaurant and a gift shop.

The entance hall resplendent with marble stairs and lined with traditional portuguese tiles leads into a large landing with sweeping gallery staircases. The open plan living room/kitchen leads outside onto a terrace ideal for al fresco dining. Three bedrooms, two reception rooms and an office are spread over 2 floors leading up to the roof terrace with spectacular views of the marina.

This property is situated in a prominent position right in the heart of Lagos Old Town, amidst the bustling restaurants and night life which this vibrant town offers.

It would make an ideal investment and could be transformed into several apartments or a guest house or hostel in one of the most popular destinations in the Algarve.

The property is in need of some refurbishment, but has huge potential and is a unique opportunity, attractively priced.

Agent Comment

Great potential for rental prospects.

General Features

  • Year:  Pre 1951
  • House Area:  170 m2
  • Plot Area:  400 m2
  • Pool:  No
  • Bedrooms:  3
  • Bathrooms:  2
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Distance in minutes

  • Town:  1min
  • Beach:  1min
  • Golf:  5min
  • Restaurants:  1min
  • Shopping:  1min
  • Airport:  50min
Sérgio Pereira

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