HouseLagos (Portugal)

Price :

$1,196,900

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface357 m²bedrooms3 bathrooms4 land3,400 m²

PRIME INVESTMENT OPPORTUNITY IN LAGOS VERSATILE PROPERTY WITH HIGH INCOME POTENTIALThis impressive villa, set on a sprawling 3,400m² plot in the peaceful area of Atalaia, offers incredible potential for investors seeking a high-return property in a prime location. Situated near Boavista Golf Course, the stunning Porto de Mós beach, and Lagos city center, it combines tranquility with convenience, making it ideal for a variety of profitable ventures.The property has been cleverly converted into 18 self-contained units, each featuring its own private bathroom, kitchen, air conditioning, and access to outdoor amenities such as a swimming pool, lush gardens, and entertainment spaces. The building includes a mix of studio apartments (T0), one-bedroom apartments (T1), and two-bedroom apartments (T2), providing flexibility for different rental markets.This versatile property offers numerous possibilities:Short or long-term rental income with high demand in this sought-after location.Boutique hotel or B&B setup, taking advantage of Lagos thriving tourism sector.Aparthotel or retreat center, ideal for group stays or wellness retreats.With the Algarve's tourism market continuing to grow and properties in this location fetching premium rental rates, you need to complete the conversion of this villa so it's ready to be monetised straight away and offers excellent long-term value.If youre looking for a lucrative investment with multiple revenue streams, this property could be the perfect addition to your portfolio.Lagos is a vibrant city, known for its history, recreational activities and unique beaches.Whether you're looking for a permanent home, a holiday flat or a property investment, this property offers a unique opportunity. Don't miss the chance to make this flat your home in Lagos.For more information or to arrange a viewing, contact us now.We work with excellence throughout the property sale and purchase process, including promotion through the implementation of specialised marketing tools, credit intermediation and management of the entire bureaucratic cycle, both for clients and properties. By being present and in communication with all the organisations involved, we are able to guarantee a swift and problem-free conclusion.As Credit Intermediaries, certified by the Bank of Portugal, we offer a free Credit Intermediation service that allows you to create or transfer a mortgage with the guarantee of obtaining the best market conditions for your specific situation.Century21 in Portugal has more than 220 branches and we are part of the largest real estate network in the world, with more than 14,000 branches in 90 countries and more than 150,000 property consultants focused on finding the best solution for our customers.Come and visit us and meet our team of professionals from Century 21.