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Property for sale

Lagos, Lagos, Algarve, Portugal

£2,437,538 *  [€2,800,000]

Property for sale

Lagos, Lagos, Algarve, Portugal

£2,437,538 *  [€2,800,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 56620 m2
  • Habitable space: 11689.6 m2

Features


  • Garage
  • Double Glass
  • Energy performance certificate – G

Full Description


Hotel to rebuild/renovate located in Praia da Luz, Lagos, Portugal.
Strategically positioned on a slope of Praia da Luz and a few steps from its surrounding beach, this land offers a multifaceted potential, allowing the construction of tourism projects or facilities for the elderly and health services.
Currently, the site has 54 rooms, which can be finished as they are or adapted according to a new project or integral construction. The flexibility of the existing structure makes it possible to expand to a larger area by submitting an application to the Municipality of Lagos.
To complement the resort experience, it is planned to create several support rooms, a restaurant and breakfast area, an elegant Piano Bar, a rooftop terrace with a panoramic bar, an auditorium and ample parking spaces.
With stunning views spanning the serene countryside, bustling city, and sparkling sea, this location promises a harmonious fusion of natural beauty and strategic accessibility.
Gross area: 11689.6 m²
Plot area: 56620 m²
Book your visit now with Villas Key - Real Estate Mediation.
Energy Rating: G
#ref: P009
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This property listing (ref: P009) is an advertisement supplied by Villaskey and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.