€950,000

House for sale Faro
Property photo number 1 of 16 Photos for Property. File 101398467_1892_b8278854a0068c88c7d905d14d4ff846.webp

Overview

SUMMARY: Discover an opportunity with this Faro house for sale and available for €950,000. This could be your next ideal home or a smart investment. More details await.

Come and discover this amazing property in Lagos, available for sale. With a total of 164m² of built area and a vast plot of 233360m², this ancient ruin has incredible potential to become your dream home or the tourist resort that will make a difference in

the Algarve. The indoor covered construction area can be increased up to 240m2 at least in the case of ruin. With a Prior Information Request (PIP) favorable for a tourist development with a total implantation area of 2000m2, with main construction up to 500m2 and an area for villas up to 1500m2, it will allow the creation of a hotel unit in a place of magnificent views, a five-minute drive from the nearest beaches. Paved road to the property and infrastructure very close to the property. Located in a quiet and natural environment, this property offers space to expand and renovate according to your personal needs and tastes. With an energy certification in process, this property has even more to offer than just its prime location. Unique opportunity to invest in your future and transform this special place into a personalized and welcoming space. Don't miss this great investment opportunity and book your visit now. Come and explore the potential that this unique ruin has to offer and transform it into the perfect getaway in the stunning municipality of Lagos. Book your visit now. Imobiliária Zonas Mágicas and its agents will help you acquire the property of your dreams.

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Details

  • Beds: 1
  • Baths: 1
  • Price: €950,000
  • Reference No.: zmag1R0061
  • Area: 164 m2

Location

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  • Overseas Property Listings
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