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Algarve, Lagoa, Portugal

£548,438
€650,000
Portugal Sotheby's International Realty, Carvoeiro
PROPERTY TYPE

House

SIZE

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Description

Explore the unlimited potential of this exclusive set of three residences, strategically located in the charming town of Lagoa. With independent parking entrances and a generous 750-square-meter plot, this property presents a unique opportunity for rehabilitation and revitalization. Whether for the construction of an apartment block, a private residential project, or even a boutique hotel or hostel, the options are vast. Situated in a strategic area of Lagoa, this cluster of residences provides easy access to all local amenities, public transportation, and recreational areas, allowing you to enjoy the convenience of being in the heart of the city while investing in your future. Along with its construction capacity, this property also permits the development of a space with a pool and private areas, offering convenience and practicality for future residents, tenants, or guests. This distinctive feature adds value and functionality to the rehabilitation project. With the growing interest in urban revitalization, this set of residences holds vast potential to become a modern and attractive development. The rehabilitation of these structures will allow the creation of contemporary residential spaces aligned with current real estate trends. The generous 750-square-meter plot provides space for expansion and customization of the rehabilitation project. Whether creating landscaped gardens, outdoor social areas, or additional facilities, this plot offers flexibility to meet the needs of any investment. Furthermore, the property benefits from the Urban Rehabilitation Areas Program (ARU), meaning potential tax incentives and government support for rehabilitation, making this investment even more enticing. Don't miss the opportunity to be part of the revitalization of this charming town. This cluster of residences represents a unique perspective for visionary investors. Schedule a visit and discover the infinite potential of this real estate endeavor.

Algarve, Lagoa, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    28.4 miles
Advice on buying Portuguese property

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About the agent

Portugal Sotheby's International Realty, Carvoeiro

Rua do Povo do Burro, n.º 3 8400-502 Carvoeiro

Portugal Sotheby's International Realty, Carvoeiro

Artfully uniting extraordinary homes with extraordinary lives

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Notes

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This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Carvoeiro (reference 106230149) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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