Versatile Property with Residence, Commercial Area and Multiple Development Possibilities

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New Property
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  • Property typeVilla / House T2
  • Sale € 415.000
  • Area234 m² | 1354 m²
  • StatusUsed
  • Construction1950
  • CountyFaro
  • TownLagos
  • Parish
    Bensafrim
  • LocationCotifo
  • REFSP-V634
2
2
234 m²
1354 m²
-1
-
F
 

Description

Located in a peaceful area with good accessibility, approximately 15 minutes' drive from Lagos, this property offers an excellent opportunity for private residence, investment, or the development of a tourism or commercial project.

The main house comprises an entrance hall, a comfortable living room, a spacious kitchen, two bedrooms, one bathroom, and access to a sunny rear terrace.

The property also includes a substantial commercial area currently equipped for restaurant use, featuring a professional kitchen, a large dining room, a second dining area, and separate male and female restroom facilities.

One of the property's greatest advantages is its flexibility. The commercial area could be incorporated into the main house, significantly increasing the living space and creating a much larger family home. Alternatively, it could be converted into a second independent dwelling, resulting in two separate residential units with excellent rental or investment potential.

Outside, there is ample parking space, a vegetable garden area, and several fruit trees. The property also benefits from an abundant water supply from the Bravura Dam, providing a significant advantage for gardening, agricultural activities, or maintaining the outdoor areas.

A versatile property with enormous potential and multiple possibilities.

Location

Cotifo, Bensafrim, Lagos, Faro (Algarve)

Contacts

SunPoint Properties
AMI License: 9545
Website: sunpoint.pt
Address: Rua 25 de Abril, 2 - R/C Drt - Praia da Luz - 8600 Lagos
Telephone: 282 763 646 / 915 000 799