Wonderfull Villa converted into a Guest House, with 5 independent apartments, in a prestigious area of Lagos
This wonderful property, transformed into a guest house, enjoys a privileged location, next to Cascade Wellness Resort, a luxury 5* Hotel, and a few meters walk from the most beautiful beaches in the Algarve, such as Dona Ana, Camilo and Porto de Mós, and the magnificent Ponta da Piedade.
This guest house has been in operation since 2018 and over the last few years has acquired a well-deserved international reputation, achieving remarkable success, as evidenced by the occupancy rates achieved throughout the year and the laudatory comments that can be read on the websites of reservations.
The property consists of 5 independent apartments, each one equipped with a living room, kitchen and bathroom. We have an open space studio, with kitchenette, 3 T1, with separate bedroom, and sofa bed in the living room, and a T2, with 2 bedrooms. All apartments enjoy a private outdoor space and independent entry. All have access to the beautiful heated swimming pool, the sauna, the garden and all the terraces around the house.
The apartments are modern and beautifully decorated, tastefully furnished and equipped with everything a guest needs for a pleasant stay, as a couple or as a family.. All have air conditioning. One of the T1 apartments is a duplex, the bedroom being on the first floor, which benefits from an excellent private terrace, from where we can enjoy the landscape and a wonderful view over the sea.
In total, this touristic unit can comfortably accommodate up to 19 people at the same time. The annual occupancy rate is around 85%.
This is an exceptional opportunity not to be missed! Acquiring this property with unique features in a dream location, for immediate exploration, is undoubtedly an excellent investment. Even more knowing that it is very profitable. It is a business running, offering an excellent portfolio of clients, some of them repeating every year.
There is also the possibility of being extended on the upper floor. How about making one or two more apartments to increase capacity and, therefore, increase profitability?
Come and see for yourself this wonderful property, its potential, and let yourself fall in love with this true haven of peace and relaxation, in an idyllic setting, which is just one of the ex-libris of Lagos.
- Washing machine
- Dishwashing machine
- Air conditioning
- Fitted wardrobes
- Wood burner
- Equipped kitchen
- Solar panels
- Proximity: Mountain, Beach, Golf course, Shopping, Restaurants, City, Open field, Hospital, Pharmacy, Public Transport, Schools, Public Swimming Pools, Playground
- Built year: 1999
- Floors: 2
- Private condominium
- Drive way
- Storage / utility room
- Views: Sea views, Golf views, Pool view, Urbanization view, Garden view
- Double glazing
- Main drainage
- Walking distance to beach
- Quiet Location
- Sealed land area
- Energetic certification: C
- Solar orientation: South, East, West
- Mains water
- Renovation year: 2019