4 Bedroom Villa in Praia da Luz 100m from the Beach - Unique Investment Opportunity

Lagos, Faro, Portugal, 8600-101

For Sale

€959,000

REF: 941515 €959,000


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Description

Discover a prime investment opportunity with this stunning 4-bedroom villa in Praia da Luz currently divided into two separate self-contained apartments Located just 100m from the beautiful sandy beach of Praia da Luz and 400m from the centre of town, this is a unique opportunity to purchase a 4 bedroom villa currently divided into two separate self-contained units.

Praia da Luz is a picturesque seaside village located in the Algarve, about 6 kilometers west of Lagos. It is known for its golden sandy beach, dramatic limestone cliffs, and laid-back atmosphere, making it a popular destination for tourists and residents alike. Perfectly positioned, this property offers not only an exceptional living space but also an outstanding investment opportunity.

Currently operating as a highly successful and lucrative rental business, this home is ideal for those seeking a seamless blend of lifestyle and income potential. Plot Size: 218m2 Construction Area: 207m2 Energy Rating: D Price: 959,000 (furnished) The villa has been meticulously renovated with no expense spared, showcasing high-quality materials and an innovative use of space.

Currently divided into two separate units, each with its own private entrance, the property offers exceptional flexibility ideal for multi-generational living, rental opportunities, or a seamless conversion into a spacious single-family home. The upper-level unit is currently configured as a one-bedroom, one-bathroom apartment.

The open-plan living, dining, and kitchen areas flow seamlessly together, making excellent use of space with ample and cleverly hidden storage. Natural light floods the space through the windows and sliding doors lead to a spacious balcony at the front of the property. From here, you can enjoy beautiful views in an amazing setting perfect for al-fresco dining. A well-proportioned bedroom and a stylish, modern bathroom complete the accommodation on this level. On the ground floor there is a larger apartment featuring three bedrooms and three bathrooms.

This spacious unit includes a comfortable living room and a separate eat-in kitchen, which offers ample cupboard and storage space, ensuring both functionality and convenience. Doors open onto a sun-drenched, spacious terrace and patio area perfect for entertaining, unwinding, and soaking up the beautiful Algarvian weather. Three generously sized bedrooms and modern bathrooms complete the accommodation on this level. The property also benefits from access to a communal swimming pool in the adjacent complex, providing a perfect spot for relaxation and leisure. Ideally located in the heart of Praia da Luz, this is a rare opportunity to own a unique and versatile home.

Being in a prime location it also represents an outstanding investment opportunity, already operating as a successful and lucrative rental business. For more details please contact us via phone or email.
Discover a prime investment opportunity with this stunning 4-bedroom villa in Praia da Luz currently divided into two separate self-contained apartments Located just 100m from the beautiful sandy beach of Praia da Luz and 400m from the centre of town, this is a unique opportunity to purchase a 4 bedroom villa currently divided into two separate self-contained units.

Praia da Luz is a picturesque seaside village located in the Algarve, about 6 kilometers west of Lagos. It is known for its golden sandy beach, dramatic limestone cliffs, and laid-back atmosphere, making it a popular destination for tourists and residents alike. Perfectly positioned, this property offers not only an exceptional living space but also an outstanding investment opportunity.

Currently operating as a highly successful and lucrative rental business, this home is ideal for those seeking a seamless blend of lifestyle and income potential. Plot Size: 218m2 Construction Area: 207m2 Energy Rating: D Price: 959,000 (furnished) The villa has been meticulously renovated with no expense spared, showcasing high-quality materials and an innovative use of space.

Currently divided into two separate units, each with its own private entrance, the property offers exceptional flexibility ideal for multi-generational living, rental opportunities, or a seamless conversion into a spacious single-family home. The upper-level unit is currently configured as a one-bedroom, one-bathroom apartment.

The open-plan living, dining, and kitchen areas flow seamlessly together, making excellent use of space with ample and cleverly hidden storage. Natural light floods the space through the windows and sliding doors lead to a spacious balcony at the front of the property. From here, you can enjoy beautiful views in an amazing setting perfect for al-fresco dining. A well-proportioned bedroom and a stylish, modern bathroom complete the accommodation on this level. On the ground floor there is a larger apartment featuring three bedrooms and three bathrooms.

This spacious unit includes a comfortable living room and a separate eat-in kitchen, which offers ample cupboard and storage space, ensuring both functionality and convenience. Doors open onto a sun-drenched, spacious terrace and patio area perfect for entertaining, unwinding, and soaking up the beautiful Algarvian weather. Three generously sized bedrooms and modern bathrooms complete the accommodation on this level. The property also benefits from access to a communal swimming pool in the adjacent complex, providing a perfect spot for relaxation and leisure. Ideally located in the heart of Praia da Luz, this is a rare opportunity to own a unique and versatile home.

Being in a prime location it also represents an outstanding investment opportunity, already operating as a successful and lucrative rental business. For more details please contact us via phone or email.
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Property on Map

#336LUZ

Currency Exchange

Lagos, Faro, Portugal, 8600-101

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €959,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€959,000 £790,120 £813,328 £23,208
Property Price € €959,000
Minimum cost in the last six months £790,120
Maximum cost in the last six months £813,328
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,208

Lagos, Faro, Portugal, 8600-101

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €959,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€959,000 £790,120 £813,328 £23,208
Property Price € €959,000
Minimum cost in the last six months £790,120
Maximum cost in the last six months £813,328
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,208

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £23,208 more.

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