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Building in Old Town Lagos with two shops and two apartments
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€ 1,170,000 £ 1,001,254 $ 1,269,372

Reference PP173161

Lagos, Western Algarve

Commercial

3 Bedrooms

Built in: n/a

205m2 Build size

€ 5,707 £ 4,883 $ 6,191 / m2 build

Building in Old Town Lagos with two shops and two apartments

€ 1,170,000 £ 1,001,254 $ 1,269,372

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Key information

Reference: PP173161

Commercial

Lagos, Western Algarve

3 Bedrooms

4 Bathrooms

Ownership Status: Company

Built in: n/a

205m2 Build size

€ 5,707 £ 4,883 $ 6,191 / m2 build

Charming building, emblematic for its characteristics and with a privileged location, in one of the main pedestrian streets of the Historic Center of Lagos.2-storey building, with the possibility of increasing one more floor (set back), consisting of 2 apartments (T1 and T1+1), patio and 2 independent commercial spaces, with 2 ATM terminals.Great investment for immediate profitability (lease/exploitation of the 4 fractions + rent of the 2 ATM's) or for refurbishment to taste.In addition to the excellent location, the building has an enormous potential for valorisation, as you can add a floor (set back), take advantage of the high ceilings and make a mezzanine in the apartments or convert the 2 apartments into a single, larger one.
Free parking located 100m away, wide range of shops and services and easy access to the beaches and marina.

Bâtiment de charme, emblématique pour ses caractéristiques et avec un emplacement privilégié, dans l'une des principales rues piétonnes du centre historique de Lagos.Immeuble de 2 étages, avec possibilité d'augmenter d'un étage supplémentaire (en retrait), composé de 2 appartements (T1 et T1+1), patio et 2 espaces commerciaux indépendants, avec 2 terminaux ATM.

Excellent investissement pour une rentabilité immédiate (location/exploitation des 4 fractions + loyer des 2 guichets automatiques) ou pour une rénovation au goût.
En plus de l'excellent emplacement, l'immeuble a un énorme potentiel de valorisation, car vous pouvez ajouter un étage (en retrait), profiter des hauts plafonds et faire une mezzanine dans les appartements ou convertir les 2 appartements en un seul, plus grand. une.
Parking gratuit situé à 100 m, large choix de commerces et services et accès facile aux plages et au port de plaisance.
Edifício de charme, emblemático pelas suas características e com uma localização privilegiada, numa das principais ruas pedonais do Centro Histórico de Lagos.
Prédio de 2 andares, com possibilidade de aumento de mais um piso (recuado), composto por 2 apartamentos (T1 e T1+1), logradouro e 2 espaços comerciais independentes, com 2 terminais ATM.

Óptimo investimento para rentabilidade imediata (arrendamento/exploração das 4 fracções + rendas dos 2 ATM´s) ou para remodelação a gosto.
Para além da localização de excelência, o edifício apresenta um enorme potencial de valorização uma vez que poderá acrescentar um piso (recuado), aproveitar o pé direito alto e fazer mezzanine nos apartamentos ou converter os 2 apartamentos num único, de maiores dimensões.
Parque de estacionamento gratuito localizado a 100m, vasta oferta de comércio e serviços e fáceis acessos às praias e marina.

Features

  • Character property
  • Near bars / restaurants
  • Near school(s)
  • Near shops
  • Near the beach

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP173161

Commercial

Lagos, Western Algarve

3 Bedrooms

4 Bathrooms

Ownership Status: Company

Built in: n/a

205m2 Build size

€ 5,707 £ 4,883 $ 6,191 / m2 build

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Lagos, Western Algarve

Portugal's least developed region, the wild Western Algarve, surrenders to the power of the Atlantic: it is all about nature, about surfing and the sea, about bird watching or spotting dolphins or walking cliff-top paths from one deserted sandy cove to another.

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Send your enquiry through now.

Yours sincerely,
Michael Vincent

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