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16 Bed Commercial for sale

Lagos, Lagos, Algarve, Portugal

£2,141,878 *  [€2,500,000]

16 Bed Commercial for sale

Lagos, Lagos, Algarve, Portugal

£2,141,878 *  [€2,500,000]

Property Details


  • Bedrooms: 16
  • Bathrooms: 16
  • Plot size: 12000 m2
  • Habitable space: 858 m2

Features


  • Air conditioning
  • Tennis court
  • Swimming pool

Full Description


If you are looking to invest on a good business offering a good return, this is your opportunity. Well located, very close to Boavista golf course, only a 5 minute drive to town. Lovely sea views from the 1st floor.
8 - 1 bed apartments and 8 - studios. On site reception, 2 swimming pools (adults and children), beautiful lawns and tropical garden. Tennis court.
There is a project viability to build on the land a further 1.000sqm. Project for a new Reception area, Restaurant, Rooftopbar and lookout Terrace, 21 more Apartments and pool in Progress. Plenty of parking.
The western Algarve is a sought after area, due to the beautiful historical towns and its proximity to the several sandy beaches, the surf and the golf.
This is a very interesting property on the current bubbling market.

- REF: N/05091

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