Algarve, Lagos, Portugal
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
2
- BATHROOMS
4
- SIZE
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Key features
- Two commercial spaces
- Two one-bedroom apartments
- Plot Area: 132m2
- Area: 205m2
- Useful area: 132m2
- Building Area: 205m2
- Year of Construction: 1951
- Energetic Certification: C
Description
Fabulous business opportunity, Apartments and Shops, Lagos center, Algarve.
This two storey imposing property with its beautiful green tiles stands out like a beacon on this busy pedestrian walkway in the lovely seaside town of Lagos.
The property currently operates on the ground floor as an artisanal ice cream parlour in one of the shop units and a cork shop in the other, the two decent sized one bedroom apartments above the shops are utilised at the moment as rental properties.
All in all the shops and the rental apartments give a very healthy return on investment.
The shops downstairs are currently separate units, both with their own bathrooms, but there is the possibility in the future of creating one large shop if that would be your preference.
In terms of size the ice cream parlour has an area of 30 square meters whilst the Cork shop has 72 square meters.
The two apartments which are on the first floor have their own separate entrances, one from the main street and the other down the side street.
Apartment one, which has 44 square meters, consists of a cozy bedroom a living room with a lovely period wooden floor, a fully functionable kitchen and a bathroom.
The second apartment is 59 square meters, this has a living room, study, a bedroom, kitchen and a bathroom. These two apartments can quite easily be transformed into one large apartment, there is also the possibility of building upwards and creating another floor.
If you are looking for a business opportunity in the Algarve or if you are looking for a home in the town center then this property could be ideal for you, within walking distance of the beach and 45 minutes from Faro International Airport.
Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.
Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina.
LIc AMI 9063
Brochures
Brochure 1Algarve, Lagos, Portugal
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Distances are straight line measurements- Faro(International)40.2 miles
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About the agent
Luximos Christies International Real Estate, Algarve
Semino Quarteira Quarteira Algarve - Portugal 8125-303
Christie’s International Real Estate, owned by the prestigious Christie’s auction house (founded in 1766 in the UK), is the largest luxury real estate network in the world. It is known for its high standards of service, discretion, transparency, and professional ethics. The network has 32,000 carefully selected real estate professionals and operates in 46 countries through 1,350 offices, catering to High Net Worth (HNW) and Ultra High Net Worth (UHNW) clients.
Notes
This is a property advertisement provided and maintained by Luximos Christies International Real Estate, Algarve (reference 276674_2LS00012) 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.