Engel & Völkers
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Engel & Völkers Lagos

+351 282 249 517

W-02UA7D – This is the Engel & Völkers property ID, your agent might ask for it.

Elizaveta Tasso

SOPC - 3 - Actividades Imobiliárias, Lda.

Licence partner of Engel & Völkers Residential GmbH

Website
Engel & Völkers ID : W-02UA7D
Praia da Luz, Faro District, Portugal

Panoramic Sea View Building with 4 Apartments for Renovation

Price
€1,000,000

Bedrooms6
Living area307 m²
Plot surface107 m²

Amenities and special features of this house

Not often an opportunity like this comes on the market. Welcome to an exceptional opportunity nestled in the heart of Praia da Luz! This building, primed for renovation, promises a panoramic vista that will captivate the soul. Gaze upon the endless expanse of the sea, the inviting stretch of beach, and the iconic Black Rock (Rocha Negra) cliff, all from the comfort of your future abode. Situated a mere 100 meters from the Praia da Luz beach, this property is a haven for beach enthusiasts seeking solace in the sun. Convenience is key, with easy access to a plethora of amenities including top-tier restaurants, cozy cafés, and eclectic shops, all within walking distance. Spanning across 4 floors, the building boasts 4 independent apartments: one studio with no sea view, 2-bedroom apartment with sea view and two more 2-bedroom apartments with extraordinary panoramic sea views, ensuring that every moment spent within is imbued with tranquillity and wonder. Flexibility is the hallmark of this property, offering a blank canvas for your renovation dreams to unfold. Whether you envision managing individual rentals or capitalizing on the resale potential of each unit, this investment opportunity is brimming with promise. Seize the moment and make this gem yours, where the beauty of the sea meets the canvas of your imagination.
Object type

Apartment House

Rooms

10

Bedrooms

6

Living area

307 m²

Total surface

343 m²

Plot surface

107 m²

Condition

Needs Renovation

Year of construction

1979
Energy efficiency class
energy class icon
D
A+
A
B
C
D
E
F
G
H

Energy certificate available

Yes

Energy Certificate Type

Demand certificate
Features
Basement
Sea/Lake view
Terrace

Praia da Luz: Location and surroundings of this property

About Luz: Praia da Luz is situated on the western side of the Algarve, only 10 minutes drive to the historic city of Lagos, and is blessed with both beautiful beaches and wonderful weather. The charming and traditional village of Luz is a perfect destination for those looking for a family holiday or to those looking for a peaceful and secure place to live. Private schools and hospitals are within 10 min drive from the center of the village. Praia da Luz was originally a fishing village and has a welcoming and family friendly atmosphere. Luz maybe quiet and peaceful, but it is only 5Km to the major city of Lagos with its extensive shopping, historic center and buzzing nightlife. There are good public transport links to Lagos and while there are enough buses to explore the west, towards Sagres. Faro international airport is only 50 min drive.

Get personal advice

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Engel & Völkers
Lagos

Rua da Barroca, 64, 8600-688, Lagos

+351 282 249 517

Engel & Völkers
Lagos

Rua da Barroca, 64, Lagos, 8600-688

W-02UA7D – This is the Engel & Völkers property ID.
Elizaveta Tasso
SOPC - 3 - Actividades Imobiliárias, Lda.
Licence partner of Engel & Völkers Residential GmbH
Website

Commission Details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.