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PRIME LOCATION in the heart of Lagos town, western Algarve
-high return Investment Opportunity-
HIGH-POTENTIAL PROPERTY that can be converted into a BB Guesthouse
Situated in the heart of Lagos business district, with breathtaking sea views and all the bay towards Meia Praia, Alvor, Portimão and Lagos town.
On one of the most privileged location and one of the largest tourist attractions in Lagos town. Close to the well known Golden Church and museum, slave market and henry the navigators square.
That makes one of the most highest points and most visited commercial street in Lagos.
Residential building containing 17 apartments
Seven studios, eight 1-bedroomed and two 2-bedroomed apartments
With commercial area on two floors with 168 sq.m. plus 172 sq.m.
The building has been built in traditional algarvian Style, with elevator and roof terrace.
The property is in need of some modernization throughout.
'I would say it is like a raff diamond that can be cut into a beautiful polished diamond'
This property has high potential to be converted into a B.B. Guesthouse (Hotel), or a shopping centre with holiday apartments

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