Property Description

Final Property Desc

* 12 Bedrooms and 12 Bathrooms

* Use as large residence / guesthouse with seperate residence / large guesthouse

* 8-9+ rentable rooms each with AC/Heating, full ensuite  & some with balcony

* 2 Heated Pools and Ocean Views

* 700m2 home and 850m2 land

* 4 car garage, 2 kitchens, store rooms, 500+ bottle wine cellar

* This property is located in one of the most desirable areas of Lagos;

   – 12 minute walk to reach the historic centre of Lagos

   – 7 min walk to Praia Dona Ana, one of the area’s most popular beaches

   – 10-15 min walk to a number of other beautiful beaches including Port de Mos, Praia do Camilo, Praia do Pinhao, Praia do Batata

   – Many stunning walking trails including the famous Praia Dona Ana and Ponta da Piedade boardwalk

The property is perfectly situated for town and beach access.

The property is set up to run an AL licensed guesthouse of 8-9 bedrooms each with AC/Heating, full ensuite and some with balcony and ocean views. All rooms are fully fitted for rental. The property also has a 4 bedroom private dwelling. There are 2 heated salt water pools. The property configuration can be updated to increase the number of rentable rooms or increase the dwelling size.

The property is set on a large plot of approximately 850m2 and the home is approximately 700m2. The property has ocean views and is set in a tranquil area with an easy walk of a few minutes to restaurants and a mini market. 

This property has 12 bedrooms over 3 levels. The house is fitted with heating / cooling. 10 bedrooms have a full ensuite and many have a balcony. Some with ocean views. There is a large commercial kitchen and also a smaller kitchen, a large stock room, 500 plus bottle wine cellar and a 4 car garage. The property has well appointed living spaces, with a fireplace and a large rear balcony overlooking the pool with ocean views. This property provides the perfect opportunity to enjoy the Algarvian lifestyle, especially with the potential for a substantial income stream.

The property has been used to run a very successful AL licensed guesthouse of 8 bedrooms with a family dwelling.

The guesthouse was closed due to the pandemic. The property can be sold fully furnished or with furnishings, linen and other stock to easily re-launch the guesthouse. The property can easily be configured to have further guest rooms or increase the dwelling size. The guesthouse business was highly automated and very profitable. Further information including financials can be provided.

The property has a delightful and relaxing front sun bathing garden including heated salt water pool and outdoor shower. There is a second larger heated pool with outdoor shower in the rear garden of the property. There is also a gas BBQ area with a sink. There are side gardens, one of which has a children’s playground. The garden’s gates can be opened to allow for guest house patrons use or closed to provide a private pool, BBQ and playground for the dwelling. The property also has an automatic irrigation system.

The property has numerous features, many of which help to make the running of a guesthouse more automated and simple. These include video access to different areas of the property including the front gate. External and internal doors used as guest rooms have PIN code / card access. This allows for guests to self check in. A doorbell camera / communication system allows the user to easily view and communicate with people that ring the external and internal doorbell. The user can answer the doorbell from outside of the property on their phone or other internet enabled device. Perfect to assist guests if they have any issues with self check in.

All guesthouse rooms are set up with TV, fridge, coffee/tea facilities, doffee stand, glasses, tea and coffee cups, towel racks, a portable bed, all pillows and bedding, iron and iron board, information about the area including restaurants, getting to town and things to do in Lagos and the surrounding area. The laundry and basement area are set up to accommodate linen and towel laundering for guests. There is a hanging area in the back garden. The property can be sold ready to quickly and easily relaunch. The running of the business was very efficient and streamlined. The guesthouse had a 9.5/10 rating on Booking and a 7/107 rating in Lagos B&Bs on Tripadvisor.

There is currently much under utilised space in the property. There is the option to further develop the lower level or develop a rooftop terrace. The guesthouse business could be greatly expanded. For example, the guesthouse did not offer breakfast but this may be an option for the future.

The property is for sale by the owner. Please, no enquiries from agents. Only private enquiries.

Address Map
Portugal
Algarve Western
Lagos
W9° 19' 25.1''
N37° 5' 31.7''
*
Features
: Fully Equipped
: Covered
: Fully Furnished
Appliances
Neighbourhood
12 Minutes
3 Minutes
6 Minutes
8 Minutes
5 Minutes
60 Minutes
1 Minutes
8 Minutes
5 Minutes
3 Minutes
24 Minutes
4 Minutes
Key Features
Opportunity to live in a beautiful and comfortable
Situated in a beautiful part of Lagos, walk to tow
Opportunity for a substantial revenue stream using
Fully equipped property, recent renovations with h
Versatile layout with opportunities to increase re
8-9 guesthouse rooms with AC/heating and full ensu

Guesthouse with Residence or Large Home in Lagos

Portugal Algarve Western Lagos

12 Bedrooms
12 Bathrooms
700 m²
€1,600,000
Listing ID #20262
Basic Details
Listing ID : 20262
Property Type : Villa
Listing Type : For sale
Price : €1,600,000
Bedrooms : 12
Rooms : 32
Bathrooms : 12
Plot Size : 850 m²
Build Size : 700 m²
Year Built : 1983
Days On Market : 1
Contact Owner
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