Private Introduction · Portugal

Shop in Lagos

Property in Lagos — €800,000.

Price
From EUR 800K

Introduction

2-storey building, 344 sqm (gross construction area), located in the centre of Lagos, Algarve. The building is vacant. Excellent investment opportunity for a restaurant, bar, shop, or hostel. Excellent location and in very high demand.Lagos is a town in the Algarve region, in the south of Portugal, historically associated with the Portuguese Discoveries, and is nowadays one of the most attractive tourist centres in the Algarve, with its dazzling Atlantic beaches, and exceptional cultural and religious heritage, as well as a very busy night life.Located in the city centre, 5-minute walking distance from the Marina, the main services, shops, restaurants, bars, and São Roque beach. It is also 45-minute driving distance from Faro Airport and a two and a half-hour drive from Lisbon."

Why This Opportunity

  • Prime Faro location

    Located in Lagos, Faro, Portugal — a sought-after part of the market.

  • Priced at €800,000

    On the market at €800,000.

  • Studio homes

    Layout up to 243 m².

  • ~5% estimated gross yield

    Estimated 6% annual capital growth for Faro (market-level estimate).

The Area

Where it is

Getting around

  • Faro Airport (FAO)

    Main international airport of the Algarve, reached along the A22 motorway. [~90 km / 1 h]

  • A22 Via do Infante

    Western end of the Algarve motorway, giving fast access east to Faro. [~5 min]

  • Lagos Railway Station

    Western terminus of the Linha do Algarve regional railway. [In town, ~1 km from centre]

Nearby

  • Meia Praia

    Four-kilometre golden sweep of sand east of the marina. [~2 km / 5 min]

  • Ponta da Piedade & Praia Dona Ana

    Iconic golden cliffs, grottoes and sheltered coves. [~2-3 km / 10 min]

  • Marina de Lagos

    Award-winning marina beside the historic centre. [In town]

  • Lagos Old Town

    Walled historic centre with the Ponta da Bandeira fort and cobbled lanes. [In town]

Schools

  • Vale Verde International School

    Cambridge Primary and Secondary pathway to IGCSE and A Levels, ages 5-18, Montinhos de Luz (Burgau). [~10 km / 15 min]

  • Barlavento International Primary School

    British curriculum primary education in English, ages 5-11, Espiche (Luz). [~7 km / 12 min]

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