Lagos, Portugal

Building, 6 bedrooms, for Sale

Lagos, Portugal

  • CA$2,505,726
  • 6 BEDS
  • 4 BATHS
  • 3,386.33 sq.ft. Land
  • CA$2,505,726

Building, 6 bedrooms, for Sale

Lagos, Portugal

  • CA$2,505,726
  • 6 BEDS
  • 4 BATHS
  • 3,386.33 sq.ft. Land
  • CA$2,505,726

Key Facts

  • MLS® #: 106260092
  • Property ID: SIRC3449146
  • Original Price: EUR 1,800,000
  • Property Type: Residential, Multi-Family Home
  • Lot Size¹: 3,386.33 sq.ft.
  • Year Built: 1978
  • Bedrooms: 6
  • Bathrooms: 4

Property Description

Located in the heart of Lagos, close to the marina and surrounded by restaurants, shops, and services, this fully renovated building comprises three two-bedroom apartments and one commercial unit. It represents an investment opportunity in one of the Algarve’s most sought-after locations, combining multiple income streams within a single asset. With a gross construction area of 476.4 square metres and a private gross area of 436.5 square metres, the building is presented in good condition. The various units offer a total of six bedrooms and four bathrooms, allowing for a diversified operation adapted to market demand. The apartments have demonstrated consistent profitability and benefit from excellent guest reviews. In addition to the residential component, the commercial unit and private parking spaces also generate income, further enhancing the investment potential of the property. The building also benefits from a private terrace, providing additional outdoor space. Situated in one of the most desirable areas of Lagos, the property is close to supermarkets, schools, healthcare facilities, local shops, and a wide range of restaurants. The Lagos Marina and waterfront are within walking distance, adding further appeal to the location. The proximity to the region’s main road networks and the railway station ensures convenient access to other areas of the Algarve. The combination of a central location, proven profitability, and multiple revenue sources makes this building an attractive option for investors seeking a property with strong appreciation potential.

Listing Agents

  • Dário Neto

    O. 351917707990

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Marketed By

Portugal Sotheby's International Realty
Rua do Povo do Burro 3
Carvoeiro, Faro, 8400-502
Portugal

+351 919 056 919

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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