The investment potential of this 2-bedroom farmhouse in the Algarve is substantial and appealing. Located just 3 km from the beautiful Meia Praia beach in Lagos, this 3.6-hectare property offers an ideal setting for both rural living and investment. With flexible zoning allowing for expansion up to 300m² or even 600m² for tourist accommodation, this farmhouse is ripe for transformation into a lucrative rental property. The existing infrastructure, including multiple outbuildings and a well with a pump, supports various agricultural or forestry activities, enhancing its investment appeal. This property boasts breathtaking views of the countryside and the Serra de Monchique, ideal for attracting visitors. Additionally, the surrounding areas are saturated with tourist hotspots, schools, and recreational activities, ensuring a steady stream of potential rentals or guest stays. This farmhouse's renovation could yield impressive returns, making it perfect for investors seeking a rural retreat or farming business opportunity. Explore this property today and unlock its investment potential!
• 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
