€500,000

Located in the picturesque town of Lagos, this unique property can be the perfect opportunity for those looking for a rural project with tourist potential. With a generous land area of 57880m2 and a ruin with 42m2 (although the registered area is currently 42m2, after consultation it is possible to increase either for permanent housing or for the Tourist Project), despite having a registered water and electricity borehole, there is the possibility of being connected to mains water and this space offers infinite potential to transform it into a dream agricultural refuge in the Algarve. There is a 2.4 hectare vineyard, with automated irrigation, and very well cared for, like few in this locality. Enormous tourist potential, with above-average construction capacity. Don't miss the opportunity to turn this ruin into a hidden treasure in this paradise. Schedule a viewing today and discover the limitless potential this property has to offer. Magic Zones and their agents are available to help you acquire this property.