Algarve – ID 2167974 | Meretdemeures.com

This remarkable historical villa, built in 1920 and located in the heart of Lagoa, offers a rare opportunity to acquire a property with genuine architectural character and significant renovation potential. Nestled in one of Lagoas most coveted urban quarters, this villa is a fine example of early 20th-century Portuguese architecture with a distinctive eclectic style and late Pombaline influence. The façade is distinguished by high-set windows and stone framing, preserving the historic identity and charm of a bygone era. The generous internal footprint is distributed over two floors offering approximately 125 m²on each level. The ground floor presents a large open space with versatile potential ideal for a dramatic living area, studio, or bespoke commercial use. (It was formerly a tavern/pub, and grocery store). The first floor, which serves as the main residential area (the private quarters), includes 2 bedrooms, a fully renovated shower room, a spacious lounge, a good-sized dining room, and a fitted kitchen with access to an outside area /patio area. The property also benefits from private parking for 1/2 vehicles, a valuable feature in this central urban location. This private area can also be converted into a private garden plus 1 car park. Located in the heart of Lagoa, this distinctive detached villa dating from 1920 offers a rare opportunity to buy a full of character property with substantial space and redevelopment potential in one of the Algarves most central towns. Set on a 245 m² plot with approximately 250 m² of built area distributed over two floors, the property retains its historic charm while offering key structural and comfort upgrades. The property is characterized by its impressive ceiling height of approximately 3.80 meters, on both floors creating a strong sense of volume and natural light throughout the high windows. On the upper level the generous proportions and high ceilings enhance both the architectural character and the comfort of the living spaces with wooden floors, and 5 Daikin air conditioning units, distributed by the bedrooms and lounges ensuring year-round climate control The ground floor remains in its original condition and offers significant potential. Historically used as a tavern/pub, and grocery store, this level presents a large open-plan area with independent access, making it ideal for transformation into additional living accommodation, a commercial space (subject to licensing), a studio, or a mixed-use concept. Its original features and layout provide a solid base for creative redevelopment. This property is in a prime location, of Lagoa town, allows easy access to, schools, supermarkets, market, shops, banks, council, coffee shops, restaurants, bus station, public swimming pool & gym, and other amenities. Also, within a short drive (5 min) are the private schools such as the Algarve Nobel school (formerly international school of Porches) and the German school. Within 10 min drive there is the picturesque village and beach of Carvoeiro, the prestigious and renowned Golf course of Gramacho & Vale de Pinta and the Carvoeiro tennis club & Fitness. It is also very close within 10 -15min drive to several beautiful beaches and other towns in the Algarve such as; Ferragudo, Porches, Armação de Pera, Portimão and Alvor, and only 20 min to Monchique mountains, and Faro airport is a 40-minute drive away. The property combines heritage character with flexibility of use. This is an excellent opportunity for investors or private buyers seeking a spacious period property with strong architectural presence, modern comfort upgrades on the upper level, and considerable scope for renovation and value enhancement in the Algarve. It is also a perfect property for a combination of holiday rental B&B and a big family home, which makes this a great investment property at a very attractive price. A must-see property. Do not miss this opportunity and contact us for more details and to schedule a visit to this property. Virtual viewings also available through video call.

2 bedroom villa

Lagoa, Algarve, Portugal

Location