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House São Gonçalo de Lagos (Portugal)by annonceur international
House
Backto the list : house for Sale at São Gonçalo de Lagos

HouseSão Gonçalo de Lagos (Portugal)
Price :
$1,138,100
($3,219 / m²)
Surface353 m²bedrooms3 bathrooms4 land3,400 m²

Located in the premium area in Atalaia, close to the Boa Vista Golf Course and a few minutes' drive from the beaches in Lagos, this 3,400 m² property represents an investment opportunity with high potential in the Algarve tourism sector.The property consists of 18 autonomous units studios, T1 and T2 equipped with private bathroom, kitchen and air conditioning, in a configuration already designed for tourist exploration. The common areas, with swimming pool, gardens and outdoor leisure areas, give the set the essential attributes to attract guests and maximise profitability.The location is one of the main assets: a few minutes from Porto de Mós Beach, the Boavista Golf Course and the historic centre of Lagos, the property is part of a market with solid tourist demand and transversal to all seasons of the year.Although it needs deep renewal, it is precisely in this process that the opportunity lies - to reposition the asset, add value and take advantage of a market with a still limited quality supply and with consistent long-term upside prospects.The project admits different approaches: maintenance as a Local Accommodation unit, conversion into a Boutique Hotel or transformation into a luxury private residence. A versatility that translates into multiple exit strategies and a more secure and adaptable investment base. Energy Rating: D ref:V1031
Advertiser reference : 116898025Le Figaro Properties reference : 103513323

In detail

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House São Gonçalo de Lagos (Portugal)

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The data entered into this form is required to allow our partner to respond to your contact request by email/SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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