$897,326

Renovated Villa With 3 Independent Apartments

  • 5 Beds
  • 3 Baths
  • 1,949 Sqft
  • 1.27 Ac lot
  • Updated: July 29
  • 17
    Views for last 30 days

About the Property

Located in a quiet area on the outskirts of Espiche, a few minutes from Praia da Luz, this single-family house stands out for the complete renovation carried out in 2010/2011, which included the replacement of electrical installations, plumbing and sewage network, as well as new doors, windows, thermal insulation, gas central heating system and other improvements that ensure greater comfort and ef
Located in a quiet area on the outskirts of Espiche, a few minutes from Praia da Luz, this single-family house stands out for the complete renovation carried out in 2010/2011, which included the replacement of electrical installations, plumbing and sewage network, as well as new doors, windows, thermal insulation, gas central heating system and other improvements that ensure greater comfort and efficiency.

The property is divided into three independent apartments, constituting an excellent solution for own housing, family accommodation or investment with potential for profitability.

On the lower floor there are two apartments, both with independent entrance. The first has an open space living room with kitchenette, a good sized bedroom, bathroom with shower and storage room. The second consists of living room with kitchenette, master bedroom, a second bedroom, bathroom and a nice private terrace.

The main floor corresponds to the main residence and consists of three bedrooms, a large living room with a closed fireplace of high performance, kitchen, bathroom equipped with bathtub and shower, balcony at the front of the house and a spacious terrace at the back. From this terrace there is also access to a storage room/laundry.

All windows are German-made and double-glazed, providing excellent thermal and acoustic insulation.

Outside, the property offers about 5,000 m² of fully fenced land, with a garden, fruit trees, several garden spaces and a tree house. The entrance and the front area are covered in Portuguese pavement, and access is made through a gate with space for vehicles to enter.

Property Highlights:

* Fully renovated and thermally insulated villa;
* Three independent apartments;
* Land with approximately 5,000 m²;
* Solar water heating system with 300 L tank;
* Gas central heating;
* High performance closed fireplace;
* German-made double-glazed windows;
* Fully fenced property;
* Large outdoor space, with several leisure areas;
* Excellent potential for monetization.

A unique opportunity for those looking for a versatile property, which combines privacy, comfort and a large outdoor space, located just minutes from Lagos, the beaches and all amenities.

Don’t waste time and come and see this unique property!

MAGIC ZONES and their agents are at your disposal to help you.
  • Property type

    Villa

  • Year built

    1975

  • Price/sqft

    $460

  • Consumption

    D

Features

  • Garden
  • Terrace
  • Fireplace
  • Fire Pit
  • Pergola
  • Renovated
  • Investment Property
  • Gate
  • Laundry Room
Features

Lot

  • Privacy
  • Investment Property
  • Renovated

Indoor

  • Fireplace
  • Bar
  • Laundry Room
  • Stone Countertops

Outdoor

  • Terrace
  • Balcony
  • Fire Pit
  • Gate
  • Pergola
  • Garden

Explore the Area

Espiche, Praia da Luz, Algarve, Portugal View on Google Maps
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Zonas Mágicas

Joined 7 years ago
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Zonas Mágicas
Portugal
View agency profile
79
Listings
2019
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Zonas Mágicas
Lagos, Portugal
View agency profile
Last updated
July 29
First listed
Jul 29
Listing reference
M0326
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