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NEW ON THE MARKET Beautifully renovated 3+ bedroom villa with expansion potential

Faro, Lagos

NEW ON THE MARKET    Beautifully renovated 3+ bedroom villa with expansion potential
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NEW ON THE MARKET Beautifully renovated 3+ bedroom villa with expansion potential 995 000 € Ref: LE2362
NEW ON THE MARKET    

Beautifully renovated 3+ bedroom villa with expansion potential nestled in a desirable location just minutes from the Marina, beaches, and city centre of Lagos.

This renovated villa currently offers 3+ bedrooms and 5 bathrooms with a large courtyard and ample terraces overlooking the city of Lagos.

This property is ideal for anyone wishing to be near the heart of one of the most popular destinations in the western Algarve.

Projects have been submitted for an indoor pool and 5 additional bedrooms. This property has investment potential as a large family home, guesthouse/retreat, or boutique hotel.

• Living area 156,23m², Construction area 663,84m²
• Plot 500m²
• 3+ Bedrooms, 5 Bathrooms
• Construction 2008, Renovation 2021-2024
• Underfloor heating and AC (thermostat)
• Furnishing negotiable
• 2km from the beach

The lower level of the property has been renovated from scratch. It offers 2 huge rooms with AC prepared for multi-functional usage (more than 100m² each) with a gym/studio, a music studio, separate bathrooms with a heatpump installed for underfloor heating and pre-installation for solar energy.

The attic is prepared to convert and the project for expansion is approved by the Town Hall and in progress.

The project includes:

• Increase of living area from 156.23 to approx 365m²
• Indoor pool of 36m²
• Attic conversion to 5 en-suite bedrooms
• Common room + roof terrace

The property currently comprises:

Entrance Level – First Floor, Renovated

• Entrance hallway
• Living/dining room with patio doors
• Modern kitchen opening to the terrace
• 3 double bedrooms with patio doors
• Large utility room currently used as a guest bedroom
• 1 shower room and 1 bathroom

Lower Level - Ground Floor, Renovated

• 2 huge multi-purpose rooms more than 100m² each with AC & heating pre-installation
• T0 apartment with shower room & separate entrance
• 2 large bathrooms
• Gym/fitness room with patio doors
• Music studio with technical room
• Storage
• Single Garage

Attic

• Total area 147m² with pre-installation of plumbing, electrics, water
• Technical room with heatpump, tanks, ventilation (for all 3 levels)
• Terrace

External

• Fully walled, low-maintenance courtyard
• Driveway and garage
• Stairs ascending to the entrance level
• Multiple terraces

Extra features include :

• Tinted double glazing
• Satellite TV/Internet
• Underfloor heating and AC throughout
• Pre-installation for Solar water and electricity
• Mains utilities
• Pre-installation in the areas for the project

This villa is a perfect holiday property and also ideal for permanent living.
The project could offer many options and also accommodate guests commercially.


Distances (approx) :

Lagos : 5 km
Beach : 2 km
Shopping : 1.5 kms
Golf : 4.5 kms
Airport : 84 kms

* The features / equipment mentioned in this description are subject to verification and agreement between sellers and buyers.
 
3 Bedrooms
5 Bathrooms
156 m² Useful Area
663 m² Total Area
500 m² Land Area
C
Property Type House
Typology 3 Bedrooms
Objective Sell
Condition N/A
Price 995 000 €
Year of Construction 2008
Country Portugal
District Faro
County Lagos
Parish Lagos (São Sebastião e Santa Maria)
Zone N/A
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