This 2-bedroom farmhouse, currently listed for €495,000, presents a fantastic investment opportunity in the Algarve. Situated on a large plot of 3.6 hectares, the farmhouse requires a complete renovation but offers a sound structure that is perfect for buyers looking to invest in potential. The asking price reflects not just the property but also the considerable land area, which includes a diverse range of fruit trees and outbuildings for farming purposes. With renovation, the living area can be expanded up to 300m² or even to 600m² for tourism functionalities, offering great potential returns. Being only 3km away from the vibrant centre of Lagos and close to beautiful beaches, this location balances peaceful country living with convenience. The additional benefits of having several storage and livestock areas available make this an attractive choice for those looking to embrace a rural lifestyle while being able to run a business at the same time. Inquire now for detailed information about renovation costs and potential returns on investment!
• Living Area 76m²
• Plot Area 3.6ha
• Year of Construction Pre-1951
• 4 Divisions
• Possibility for expansion, with approval
• Distance from beach 3km
This Portuguese 2-bedroom stone farmhouse sits within 3.6 hectares of mixed land, consisting of a flat part of approx. 1.7ha with separate entrance (ideal for horses) which can be used as pastureland. Over half of the property is built in terraces with various fruit trees, including figs, olives, almonds, tangerines, grapes and oranges and many more as well as an irrigation system. A well, water tank, bread oven, and outbuildings, and could be ideal for many purposes like, touristic projects or agriculture. The views of the countryside and the Serra de Monchique are breathtaking. This property could be ideal (with the right planning permission to expand the living space to 300m² or for tourism purposes up to 600m²) for a large family, a working farm, or even a farm with rentals and animals. Sun exposure all day from sunrise to sunset. A viewing is highly recommended!
The house consists of:
• 4 Divisions
• Separate bathroom
Outside:
• 2 Stone outbuildings & animal barn next to the main house
• 5-6 tiers and approx 17,000m² of flat land
• Bread Oven
• Water pump
• Well ( registered )
• 8x8 water tank
Amenities
• Connection to mains water and electricity
• Well with pump
• 2 Entrances
• Fenced land
Location
• 3km from the Beach (Meia Praia)
• 1.7km from the marina
• 3km to Lagos centre
• 4.8km to nearest golf course (Boa Vista)
• 2.9km to nearest school
• 89km to Faro Airport
Other Info
Requires a complete renovation for various usage models
