Premium New development

2 Bed House for sale

Lagos, Lagos, Algarve, Portugal

£325,103 *  [€370,000]

2 Bed House for sale

Lagos, Lagos, Algarve, Portugal

£325,103 *  [€370,000]

Property Details


  • Bedrooms: 2
  • Bathrooms: 1

Full Description


Building to be renovated in the centre of Lagos.

Single-storey property with backyard, licensed for restaurant and residential use.

There is a Pip (request for preliminary information) with a favourable opinion on the feasibility of extending the building from 1 floor to 4 floors, with a proposed 'stepped' occupation from the street, following the slope of the street and referring the 4-floor elevation to the rear of the plot.

Proposed urban indices:
Implantation Area - 220 m2
Construction Area - 792.15 m2
Gross Area - 888.20 m2
Number of Floors - 4 + 1 Basement
Volumetry - 2376.45 m2

On this 220 m2 plot, it is possible to build, for example, a building with a basement, four floors above ground level and a rooftop swimming pool, or a detached house.

A stone's throw from the historic centre, cultural leisure spots and the beaches that Lagos has to offer, and located in a residential area but surrounded by hypermarkets, pharmacies, a hospital, local shops, a municipal market, public services, public transport services, among others, make this opportunity an excellent investment.

Easy and quick access to the motorway places this property about forty minutes from Faro International Airport, and it is also worth noting that it is located about five minutes from the renowned and prestigious Palmares Resort - Ocean Living & Golf Course and Boavista Golf and Spa.

This is an opportunity not to be missed, as this property presents an excellent investment opportunity.
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