10 Bed Commercial for sale

Lagos, Lagos, Algarve, Portugal

£1,086,484

 [€1,250,000]

Property Details

  • Bedrooms: 10
  • Bathrooms: 9

Full Description

Located in a central position close to main roads, Praia da Luz, Burgau and Lagos, this property has a lot to offer in residential as well as a commercial project.

Set on a large plot of land with 15.120 m2, this property encloses a holiday resort, a separate garden center, a large barn and warehouse, and lots of land for agricultural purpose. All these separate units have independent entrances and gates, however connected from within allowing it to become one huge touristic project.

The resort was built from a typical Portuguese farmhouse that has been refurbished throughout, but still maintaining the original character and classic design. In total it contains a main house and 5 self-contained apartments, a communal area with a swimming pool, a fully fitted kitchen and a dining covered terrace, a large double garage, beautiful maintained gardens, ponds with various different fishes and water plants, leisure and games area, Portuguese cobble paved drive and the charm of a centennial farm.

The main house is spread on two floors comprising on the ground floor a large hallway, a lounge area with a wood burner fireplace, a dining room with an electric fireplace, a fully fitted kitchen, a laundry and a guest’s toilet. The top floor contains 2 double bedrooms, one with a walk-in closet, the other with a private roof terrace, another double bedroom converted into an office, a big attic used for storage and a family bathroom. Attached to the main house there is a separate annex containing a lounge, a double bedroom and a bathroom which is independent from the main accommodation. At the back of this house there is a lovely private terrace with a garden, barbecue area, Jacuzzi, a small pond, a small gym, toilets, storage rooms and a small area for outdoor laundry drying.

The other 5 self-contained apartments are on the same building as the main accommodation. There is one 3 bedroom unit, one 2 bedroom unit, one 1 bedroom unit and two Studios, all with open lounge and dining areas, fitted kitchens and bathrooms.

Although it is not in function anymore, the Garden Center still stands with the original infrastructure and water is supplied by a historic well. The concept has a structure, prepared to be covered for shade, with raised flowerbeds to accommodate the plants, a waterfall feature collects residual water, a show garden, an area for water plants and an office.

On another area we find this enormous piece of land with agricultural purpose and a barn and warehouse with nearly 300 m2.
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