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Elegant Sea View Residence with Exceptional Income Potential in Praia da Luz

€1,395,000
  • 11 Rooms
  • 9 Bedrooms
  • 10 Bathrooms
  • ~305 m² Total surface
  • ~305 m² Living area
  • ~745 m² Plot surface

Description

In Praia da Luz, this remarkable property presents a rare opportunity to combine a sophisticated lifestyle with exceptional income potential. With 8 elegant en-suite bedrooms and a fully independent one-bedroom apartment, the property is in excellent condition; its most recent modernization was in 2022. Its generous proportions, abundance of private suites, and highly functional layout make it particularly attractive not only as a prestigious family residence, but also as a high-yield investment opportunity. The property's configuration is ideally suited for premium holiday rentals, luxury local accommodation, a boutique guesthouse, or exclusive retreat experiences, benefiting from the growing demand for charming properties in Praia da Luz. A standout feature is the fully independent one-bedroom apartment, ideal for hosting guests in complete privacy or accommodating family members and staff. This self-contained space includes a bedroom, walk-in closet, fully equipped kitchen, living room, and a charming private patio, offering complete comfort, functionality, and independence. Inside, natural stone flooring throughout the property adds timeless sophistication and highlights the high quality of the finishes. The bright and serene atmosphere, combined with the generous interior spaces, creates an exceptional sense of comfort and exclusivity. Outdoors, the property has been thoughtfully designed to embrace the Mediterranean lifestyle. The elegant pool area, complemented by a jacuzzi and BBQ area, provides the perfect setting for entertaining, relaxing, and enjoying outdoor living. On the main social floor, a spacious open terrace with sea views creates a privileged setting for al fresco dining or simply unwinding while admiring the coastal scenery. The impressive rooftop terrace further enhances the sense of exclusivity, featuring a private pool, outdoor kitchen, and expansive areas dedicated to lounging, sunbathing, and relaxation — all with complete privacy and stunning sea views. A distinctive turnkey property with exceptional versatility — ideal for those seeking an elegant and spacious residence combined with a solid investment offering strong appreciation and rental income potential.
Features
BalconyGardenPatio
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Engel & Völkers Lagos

Your advisor: Sofia Vilarinho

Property ID: W-049G4O

Property details
  • Object type

    Detached house

  • Rooms

    11

  • Bedrooms

    9

  • Bathrooms

    10

  • Number of Floors

    3

  • Total surface

    ~305 m²

  • Living area

    ~305 m²

  • Plot surface

    ~745 m²

  • Flooring

    Stone

  • Building Restrictions

    None

Energy efficiency information
  • Construction year

    2008

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

Location: Lagos, Faro District

Set in the coveted Luz area near Lagos, this address is ideal for discerning buyers seeking a serene Algarve lifestyle with immediate access to world-class beaches, golf, and effortless international connectivity. Daily convenience is close at hand: local cafés, supermarkets, and essential services in Luz are typically within 5–10 minutes by car, while Lagos’ marina, dining, and boutique shopping are around 15 minutes by car. For travel, Faro Airport is approximately 1 hour 10 minutes by car, offering smooth links to major European hubs. Leisure is exceptional: Praia da Luz is roughly 5 minutes by car, and the dramatic cliffs and coves of Ponta da Piedade are about 20 minutes away. Golf enthusiasts will appreciate Boavista Golf in around 10 minutes and Palmares Golf in about 25 minutes by car. With its golden coastline, refined yet relaxed atmosphere, and privileged access to Lagos and the wider Algarve, this location delivers an elegant retreat designed for uncompromising coastal living.

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