Building, 11 bedrooms, for Sale

Lagos, Algarve Portugal

Located in the heart of the city of Lagos, this five-storey building offers an excellent investment opportunity. With a total construction area of 374.5 square meters and a private gross area of 355.3 square meters, the property includes 11 rooms, spread across six apartments and two ground-floor stores. The main highlight of this building is its spacious terrace with a breathtaking view of Meia Praia and the entrance to Lagos Marina, offering a unique setting for those looking to explore the potential of tourist rentals in the region. The property, built in 1971, features eight bathrooms. The apartment layout is ideal for rehabilitation into a local accommodation concept. The building benefits from excellent solar exposure, facing south and east, ensuring natural light throughout the day. The location is strategic, situated within walking distance of all essential services, such as supermarkets, schools, restaurants, and shopping areas. The train station and major access roads are also nearby, making it easy to connect to other areas of the Algarve. Lagos, with its rich cultural and historical offerings, is a city that blends tranquility with dynamism, offering various leisure options, from renowned beaches to the vibrant historic center. This is an unmissable opportunity for those looking to invest in a property with high rental potential in the center of one of the most sought-after cities in the Algarve.