Property Description

Beautiful fully converted 2 bedroom cottage, with planning approved for 3 large luxury tourist apartments and its just a small short stroll from the famous artisan village of Barao de Sao Joao  and a 10 minutes drive to the town of Lagos.

Consisting of a 2 bedroom 1 bathroom cottage

A large insulated well-built barn constructed from thermal mass monolithic composites, fire resistant, load-bearing capacity and reduced noise resistant.

2 working boreholes and an a old working  well gives an all year-round supply of water and connection to utilities in place.

Area of approved build is 537sqm.
Modifications would only need 2nd faze build.

Existing buildings approved for
Rural Tourism,
Residential/Nursing Home,
Wellness Centre,
Riding School.

You would have the opportunity now to design your own home and business to your needs

Project approved now is for 3 luxury tourist apartments. Can be changed to suit your design needs.

Internal garden , including swimming pool 

Approved valuation of earnings after taxes at €75,000 at 70% occupation in the first year. Certified by valuation consultants.

Set on a beautiful well maintained 8640m² fenced plot, surrounded by fruit trees and nature in a very tranquil location with wonderful country and mountain views.

2 working boreholes and an a old working  well gives an all year-round supply of water and connection to utilities in place.

Opportunities like this very rarely come to market, one of a kind project with lots of scope, excellent business or lifestyle investment.

Excellent amenities all within 3k from the property, Barao St Joao 1K, Bensafrim 3K,
Bank, Post office, Pharmacy, Doctors, Cash point, Supermarkets, Cafes, Restaurants, Riding schools, Sport centre, Country and Forest Cycle Routes, and many more (Main motorway connection 3K).

Located less than 10 min drive into the centre of Lagos or the golden sands of the spectacular South coast beaches, 20 min to the West coast, easy motorway access with an approx 45min drive to Faro airport.

Address Map
Portugal
Algarve Western
Barão de São João
W9° 13' 20.4''
N37° 8' 19.9''
*
Features
: Not Equipped
Appliances
Neighbourhood
20 Minutes
10 Minutes
10 Minutes
10 Minutes
10 Minutes
10 Minutes
60 Minutes
1 Minutes
10 Minutes
5 Minutes
10 Minutes
5 Minutes
Key Features
Fully renovated 2 bed Cottage
Planning approved for 3 Large Apartments
Walking distance to local town
Great shopping Centres
Beautiful Peace and Quiet
Stunning Beaches 10 mins
Swimming pool
Fantastic business potiential

Fully converted 2 bedroom cottage, with planning approved for 3 large

Portugal Algarve Western Barão de São João

2 Bedrooms
1 Bathrooms
537 m²
€550,000
Listing ID #8940
Basic Details
Listing ID : 8940
Property Type : Villa
Listing Type : For sale
Ref ID : 8940
Price : €550,000
Bedrooms : 2
Bathrooms : 1
Plot Size : 8,640 m²
Build Size : 537 m²
Year Built : 1974
Contact Owner
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