5 Bed House for sale
Lagos, Lagos, Algarve, Portugal
Full Description
Located in a location of high interest, about 200 meters from the sea, next to the emblematic Meia Praia beach and close to the prestigious Palmares Golf Course, this unique real estate complex on the first line of the sea, consisting of two independent villas, a warehouse and a rustic plot of 1,099 m² located in front.
FEATURES
Built
- 2 detached villas
- 1 independent warehouse with T2 annex
- 505 m² of indicated gross construction area
- 227.45 m² of living space
- Licensing for single-family housing indicated for one of the houses
- Commercial licensing indicated for the other villa
Outdoor spaces
- Urban land with 732.5 m²
- Rustic land with 1,099 m², located in front of the property
- Garden
Area with potential for swimming pool implementation, subject to applicable authorisations
SURROUNDINGS
- The proximity to Meia Praia, about 200 meters from the sea, is one of the main attributes of this property
- The surroundings also benefit from the proximity to the Palmares Golf Course, reinforcing the interest of the location
- The combination of proximity to the beach, golf and the size of the complex gives the property particularly interesting characteristics for those looking for a real estate asset with potential for appreciation
STRENGTHS
Due to its composition and location, this real estate complex can be considered for different strategies, namely:
- Rehabilitation and real estate enhancement, adapting the spaces to the needs of the future owner
- Housing project, subject to urban conditions and applicable licensing
- Commercial or catering operation
- Tourist accommodation project
- Mixed-use concept, combining different functions
- Complementary use of the rustic land in front, whose possible use for parking, leisure, paddle tennis courts or other purposes
- The possibility of implementing a swimming pool and the use of outdoor spaces are other aspects to be evaluated within the scope of a possible rehabilitation or enhancement project
AN OPPORTUNITY FOR THOSE WHO KNOW HOW TO RECOGNISE POTENTIAL
Come and see this property and discover the opportunities it can offer.
Energy Rating: F
#ref: VM1240
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