Lagos (Algave), 10 mins from beaches and shops.
Property set in 10,000sqm of land, offering 700sqm living area.
It is perfect for rural tourism with stable for horses. The property comprises 2 houses with 4 bedrooms each, a vast living room with open plan kitchen, one of the 2 houses has 2 ensuite bedrooms.
Separately, it comprises six 1-bedroom apartments, each with bathroom, living room and open-plan kitchen.
Under the apartments, a vast warehouse to store farming tools, and a 5-car car park. Outside, a 15-car car park and a swimming pool 20x10m, verdant leisure space, a fine garden with a lawn, 2 large barbecues and stone bread oven, a vast piece of land ideal for horses and fruit trees.
The property is sold furnished, including farming tools and furniture and equipment for the rentals.
The sale also includes the authorization to rent the units and a building permit delivered by local authorities for 5 further apartments.
This estate has a huge potential, it is perfect for an investor with a yearly return of 8%.
The property has been estimated by an official body at €1,500,000 for the property only, not including the business license.
Virtual visits by clicking on the personal website.