€1,200,000

Lagos Algarve

Overview

SUMMARY: Discover an opportunity with this Lagos house for sale and available for €1,200,000. This could be your next ideal home or a smart investment. More details await.

A rare opportunity to acquire one of the Algarves last large rural estates so close to Lagos; 80 hectares

(809,520 m²) of fenced land, natural water sources, an 8-bedroom country house (no ruin), and verified potential to expand tourism infrastructure up to 2,000 m² (TER; Turismo em Espaço Rural). Perfect for investors, agricultural entrepreneurs, eco-resort developers, or anyone seeking a private retreat with guaranteed natural resources and multiple
income streams. Key Features 1. Main House & Buildings - 8-bedroom villa (237 m²) with 5 bedrooms + 4 suites, large living area, fireplace, AC, mezzanine, office, pantry, and fully equipped kitchen - Swimming pool (32 m²) with child-safe fencing - Barbecue area with wood-burning oven, covered leisure spaces - Garage & storage building (3 rooms) - Chicken coops, kennels, orchard, vegetable garden, stable 2. Private Water Infrastructure A major asset of this property all documented: - Two lakes/dams (Barragem de Cima & Barragem de Baixo) - Three wells - Licensed borehole (140m deep) with filtration system supplying the house and pool - Natural stream with year-round water - Gravity-fed irrigation options This level of independent, fully licensed water supply is extremely rare in the Algarve. 3. Land Composition (fully fenced) - 80 hectares of varied terrain with valleys, hills, forest, pasture - Native forest (cork oak, pine, medronho, shrubland) - Cork production, grazing, agriculture, and tourism potential - Access via tarmac road (EN120) running through the estate - Internal access paths for machinery, trekking, or cycling routes 4. Verified Development Potential (TER Rural Tourism) - Official feasibility analysis by architect (BLDG Concept / Lagos Municipality) confirms: - Property qualifies for expansion up to 2,000 m² for Rural Tourism (TER) - Construction extensions allowed within the defined free area around existing buildings - Ideal for: Eco-lodges, Boutique rural hotel, Wellness retreat, Agro-tourism project, Regenerative/agricultural tourism concept All supporting documents available. 5. Current & Future Income Streams This estate already generates revenue with more on the way: a. Cork Production 15,000 yielded in 2022 3,0004,000 intermediate harvest planned for 2027 25,000 projected in 2031 b. Agricultural Subsidies (IFAP) 18,000/year currently guaranteed (42 ha eligible) Potential to double eligibility once remaining parcels are cleared c. New Medronho Plantation (12.5 ha) (Organic, planted November 2024) 9,737 expected subsidies in 2025 8,827 annually from year 2 Revenue estimate from production: 20,000/year 6. Distances - 15 minutes to Lagos - 19 km to Meia Praia - 19 km to Carrapateira - 20 km to Amado - 22 km to Aljezur 7. Why This Property Is Unique - Massive landholding near Lagos practically impossible to find today - Fully fenced, with excellent access - Independent water supply + licensed borehole + 2 dams - Verified potential for 2,000 m² tourism expansion - Multiple existing income streams with clear documentation - Ideal for private estate, eco-luxury project, retreats, farm-to-table concepts, or long-term land banking

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Details

  • Beds: 6
  • Baths: 6
  • Price: €1,200,000
  • Internal Reference No.: LH058
  • Area: 434 m2
  • Year Built: 1990

Amenities

  • Home
    • Alarm
    • Air conditioning
    • Closed condominium
    • Close to the beach
    • Garage
    • Garden
    • Furnished
    • Swimming pool
    • Terrace
    • Energy Certificate: F

Location

Marketed by:

  • Lagos Homes
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