Algarve, Lagoa, Portugal
- PROPERTY TYPE
Villa
- BEDROOMS
4
- BATHROOMS
3
- SIZE
5,619 sq ft
522 sq m
Key features
- 4 bedrooms
- Total area: 316 sqm
- House area: 522 sqm
- 3 bathrooms
Description
This impressive early 20th Century two-storey Manor House with a total built area of 663 m² is set in a 331,5 m² plot (that corresponds also to the footprint of the building) in the historic center of Lagoa. While the ground floor with a built area of 254,10 m² currently comprises of 4 shops (62,40 60,30 23 69,50 m²), the first floor with a built area of 268,30 m² hosts 2 apartments (97,60 130,90 m²) and an inner courtyard (18,8 m²) plus access to an addtional roof top terrace (28 m²). The building is centrally located only a few minutes by car to the acess to the motorway and numerous beaches. The bus station and all facilities such as banks, restaurants, schools and public services are in the immediate vicinity. The NOBEL International School as well as the German School can be reached within just 5 minutes and Faro Airport is only a 45 minutes´ drive away.
There are currently 4 shops on the ground floor, each with a separate entrance door. They can either retain their original function as a local business or be converted into apartments. Corresponding projects have already been submitted. The existing 2 apartments on the first floor are built around a charming and shady inner courtyard and have 10 compartments altoghether, 4 bedrooms, 3 bathrooms and a laundry, all equipped and furnished. There is also access to a spacious roof terrace with a built-in BBQ and the outside dining area perfect for entertaining guests and offering great views of Lagoa.
This historical building impresses with traditional features such as wooden parquet and hand-painted stucco ceilings and is a great investment opportunity. Besides the possibility of creating additional living space by converting the shops into apartments, there is also the possibility of turning the building into a charming *Boutique hotel* or Guest House with excellent rental potential right in the heart of Lagoa.
* The feature(s) equipment(s) mentioned in this description are subject to verification and agreement between the vendors and buyers.
-REF: VI-475 - REF: VI-475
REF: VI-475
Algarve, Lagoa, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)28.4 miles
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About the agent
Palm Properties, Carvoeiro
EN124 Poço Partido (300 m. from Intermarché Carvoeiro, right hand side in direction of Carvoeiro) 8400-557
Welcome to Palm Properties
Palm Properties is an IMOPPI registered Real Estate Company, established in 2003 to satisfy the demand for a first-class yet straight-talking property trading business.
Located in the picturesque fishermen's village of Carvoeiro - Algarve - Portugal, a highly sought-after destination for tourists, investors, and property seekers alike, Palm Properties specialise in unique and outstanding properties throughout the Carvoeiro region, offering an extensive s
Notes
This is a property advertisement provided and maintained by Palm Properties, Carvoeiro (reference 205085_VI-475) 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.