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5 Bed House for sale

Lagoa, Algarve, Portugal

£256,812 *  [€295,000]

5 Bed House for sale

Lagoa, Algarve, Portugal

£256,812 *  [€295,000]

Property Details


  • Bedrooms: 5
  • Bathrooms: 5
  • Plot size: 199 m2
  • Habitable space: 314 m2

Features


  • Double Glass
  • Energy performance certificate – E

Full Description


A large, sunny house with exceptional renovation potential, situated in a quiet luxury residential area just 5 minutes from some of the most beautiful beaches in the Algarve, close to renowned golf courses and the historic town centre. The perfect combination of privacy, comfort, and premium location.
The property is spread over three floors and already has a pre-approved project currently in the process of obtaining the construction licence. The project includes the creation of a spacious contemporary villa featuring:
Ground floor: large living room, kitchen, and 2 bedrooms
First floor: 3 en-suite bedrooms with access to a spacious sunny terrace
Lower floor: independent studio apartment
There is also the possibility to create a charming green courtyard or private leisure area, making the property even more attractive both for permanent living and holiday stays.
This property is ideal for a large family, a luxury residence, or a highly profitable investment with excellent rental potential. Thanks to its prestigious location, generous size, and architectural potential, the property's market value is expected to increase significantly after a high-quality renovation.
A rare opportunity to invest in a property with strong appreciation potential in one of the Algarve's most sought-after areas.
Energy Rating: E
#ref: V1026
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This property listing (ref: V1026) is an advertisement supplied by Villaskey and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.