Searching for farms with rental potential in the Algarve? This farmhouse in Lagos, available for €495,000, presents a prime investment opportunity. Set on a vast 3.6 hectares, this property has the unique advantage of being able to accommodate both agricultural use and rural tourism thanks to its close proximity (just 3 km) to the beach.
The farmhouse, which requires complete renovation, allows for multiple income-generating possibilities. You can extend the current living space with necessary permits—up to 600m² for rural tourism projects—making it ideal for creating rental accommodations that attract holidaymakers looking for authentic experiences in the Algarve.
This property stands out with its land that features terraced meadows, various fruit trees, and outbuildings well-suited for livestock or farm equipment. Investors looking to tap into the growing market of eco-friendly tourism will find that this property can be tailored to meet a range of visitor expectations.
Additionally, the property offers excellent sun exposure and panoramic views of the countryside, creating a beautiful backdrop for guests. Located near local amenities in Lagos, it holds great appeal for both investors and future visitors. Don’t wait to explore this investment opportunity—contact us now to arrange a viewing!
• 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
