750 000 €

Building in São Gonçalo de Lagos, LagosLagos, Faro

203 m²
Energy efficiency

Building for sale

Investment in the Historic Centre of Lagos - Licensed Bar + 2-Bedroom Flat - High Yield A unique mixed-use investment opportunity in Portugal, in the heart of the Historic Centre of Lagos, within the city walls and just a 5-minute walk from the beach. Perfect building for a short-let property This freehold property comprises a fully equipped commercial space and a two-bedroom flat, making it a genuine income-generating property in the Algarve, ideal for those seeking a tourism investment in Lagos, an investment property in Lagos or a turnkey business in the Algarve. With a total area of 203sqm (123sqm commercial space + 80sqm apartment with terrace), this is a three-storey building for residential and commercial use, in one of the most sought-after and up-and-coming areas of the Algarve. Commercial Space - Licensed Bar (123sqm) Fully equipped bar for sale in Portugal, with an established business dating back to the 1980s and a strong presence in the city’s nightlife. Two floors: ground floor + basement lounge Approximately 70 seats + service areas Two street-facing sides with excellent visibility (corner) Support kitchen Storage room (5sqm) Staff toilet Valid drinks licence Operating licence from 08: 00 to 02: 00 Energy rating C This commercial property in the Algarve has a proven track record of turnover, positioning itself as a high-yield property in the Algarve. Ideal for a cocktail bar, lounge, speakeasy or other concept, and also an excellent opportunity for generating revenue. Two-bedroom flat (80sqm with 5.5sqm terrace) Traditional flat, with excellent natural light due to its corner location. 2 bedrooms 5 windows with a view Private terrace of 5.5sqm Street / city view Energy rating D This bar with an apartment above offers total versatility: owner-occupied, long-term rental or a boost to tourism income, making it a property near the beach in the Algarve with strong potential for appreciation. Features: Terrace Storage Room Furniture Light Pub Separate Apt. Diaphanous Food Pantry Basement Bright Corner Clear Views Hospitals Coastal Area Buses Schools Supermarkets

Details

Construction Year1972
Gross Area m²203
ElevatorNo
Private Gross Area m²203
Living Area m²203
GarageNo
Total Lot Size m²- -
Price m²3 694 €
Floor- -

Location

Attributes

Terrace
Storage Room

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Mortgage Simulator

Famous Group Real Estate
Portimão, Faro
AMI 21448

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Origin Listing reference:id. 00771_2026
Publishing date:
Last Update: