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Investment opportunity for Touristic use, near Lagos, West Algarve

4,494,000 $
2,707 $ /m²
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Total area: 1,660 m² Land area: 3,102 m² 2 bedrooms 20 bathrooms
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Features
  • Built in 2002
  • Total rooms: 20
  • Balcony or terrace
  • Furnished
  • Golf course
  • Swimming pool
  • Sea view

- Business project

- Rental opportunity

Located in a sought-after area with great views, just 400 meters from Porto do Mos beach.

There are currently 18 double rooms with en-suite bathrooms and balconies, lobby, reception, dining area, laundry and commercial kitchen space. Plot size is 3102 m² and construction area is 1660 m²

This opportunity has various possibilities. There was a project to alter/expand and renovate the hotel with several options. The Town hall of Lagos allows for Services/Hotel/Tourism (all now subject to new planning permissions).

The property does need some renovations and is a work in progress.

Features

Parking: Parking outdoors

Equipment: Lift

Pool: Swimming Pool

Views: Sea View

Amenities

Energy Certificate: C

Location

Beach 400 m

Golf 1.7 km

Airport 90 km

Location and nearby objects

Supermarkets
Schools
Cafe and restaurants
Hospitals
Airports
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We can help you get a Gold Visa (permit without tax residence) when buying a property worth €500,000 or more.

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Enquire about this new home
Julia Dorokhina
Julia Dorokhina
Real Estate Expert Tranio in Lagos
+44 20 3608 1267
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