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€ 12,000,000

6 room luxury House for sale in Odiaxere, Lagos, Distrito de Faro

€ 12,000,000
524 m² 5 6

Description

Exceptional 3 ha Property with Traditional 6-Bedroom House and Guest House - Lagos, Algarve - Investment Opportunity

This extraordinary property, offering panoramic views of the sea and the beautiful Bay of Lagos, is one of the rare seaside estates still available for sale in the Algarve. It is located on the edge of the Ria do Alvor Nature Reserve.
Situated in the Western Algarve, just a 10-minute drive from Lagos, the estate lies in a serene and stunning coastal setting. This unique property boasts breathtaking views over the Nature Reserve, the expansive beach, the golf course, and the picturesque Lagos Bay.
The estate provides exceptional conditions for a high-quality lifestyle, whether as a private residence or as an investment opportunityparticularly as a boutique hotel with strong potential returns. It is one of the few beachfront properties adjacent to a Nature Reserve of rare beauty still available in the region.
The main house, built in 1974, retains its original rustic Algarvian architecture, harmoniously blending with the surrounding landscape. The property also includes a guest house that can be renovated into a 3-bedroom home, complete with a garage and storage areas.
There is substantial development potential: a 1,703 sqm buildable area is approved for the construction of 11 two-bedroom apartments, ideal for permanent living or tourism, offering excellent ROI potential.

Property Features
Plot Area: 29,931 sqm
Total Built Area: 524 sqm
Swimming Pool
Extensive Gardens & Terraces
Garage & Storage Warehouses
Private Pathway to the Beach

Main House
6 Bedrooms
Spacious Living Room (64 sqm)
Dining Area (49 sqm)
Fully Equipped Kitchen
Outdoor Terraces & Landscaped Gardens

Guest House (Renovation Project)
3 Bedroom Suites (each with en-suite bathroom)
Living Room & Pergola
Garage
Storage Areas
Total Area: 120 sqm

Development Potential
Buildable Area: 1,703 sqm
Project: 11 Two-Bedroom Apartments
Use: Residential or Tourism

Location & Lifestyle
The Algarve, Portugal's southernmost region, offers a lifestyle that few places in the world can match. With around 300 days of sunshine per year, a mix of vibrant cities and peaceful towns, welcoming communities, and rich cultural and culinary traditions, it remains a premier destination for both living and investing.
Excellent accessibility:
Lisbon or Seville - 2h30 by car
By air - only 30 minutes
The main house remains in its original state and would benefit from renovation to meet modern standards. However, the gardens and pool have been exceptionally well maintained with groundwater from the estate's private borehole and remain in excellent condition.
One of the estate's greatest advantages is its privacy, security, natural beauty, and its rare direct private access to the beach.

Why Invest?
This is a truly unique opportunity to acquire one of the last beachfront properties in the Algarve bordering a Nature Reserve. The estate is surrounded by:
A 27-hole international golf course
A luxury residential tourist development
A Michelin-star restaurant in the nearby clubhouse (only 100 m away)
A long sandy beach stretching all the way to Lagos, a city renowned for its charm and vibrant lifestyle

Summary
A rare gem in an exceptional location, offering unmatched potential as a private estate or tourism investment. With 3 hectares of land, beachfront access, and valuable development rights, this property represents a remarkable opportunity in one of Europe's most desirable destinations.
Energy Rating: E

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Details

Rooms:
6
Bedrooms:
6
Bathrooms:
5
External size:
29,931 m²
Size:
524 m²
Address:
Odiaxere
Energy Rating:
E
Exterior Amenities:PoolGarden
Interior Amenities:
Fireplace
Reference:
G-344 (2)
Year of construction:
2009
Car parking

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Position