18-Unit Tourist Accommodation with Pool in Lagos
€1,000,000
- House
- Type
- 4 weeks ago
- Listed
The Habio take
This house offers a rare investment opportunity in Lagos, featuring 18 independent units ideal for tourist accommodation. Located in the prestigious Atalaia area, it is close to stunning beaches and golf courses.
- investment
- tourism
- beach
- golf
- luxury
Highlights
- 18 independent units suitable for tourist accommodation
- Generous 3,400 m² plot
- Includes swimming pool and gardens
- Proximity to beaches and golf courses
- Investment opportunity in a prestigious location
- Potential for significant rehabilitation and value creation
Worth knowing
- Requires significant renovation work
Good fit for: Ideal for investors looking to develop a tourism-focused property.
Lifestyle scores
- Beach
- 80
- Walkable
- 65
- Remote work
- 60
- Family
- 50
- Retirement
- 55
- Airport access
- 70
- Investment
- 85
- Luxury
- 75
- Value
- 70
About this place
Set on a generous 3,400 m² plot, this property presents a unique prospect in one of the most sought-after locations in Lagos. Currently configured for tourist use, it comprises 18 independent units including studios, one-bedroom, and two-bedroom apartments, all equipped with kitchens, private bathrooms, air conditioning, and access to outdoor spaces.
The development includes a swimming pool, gardens, and spacious communal areas, laying a solid foundation for a significant rehabilitation project. The property requires substantial investment, allowing the new owner to create a concept tailored to the current needs of the residential or tourist market.
Situated in the esteemed Atalaia area, the property benefits from a tranquil environment with low building density, just minutes away from the Boavista Golf Course, Porto de Mós Beach, and the historic centre of Lagos. Faro International Airport is approximately an hour away via the A22, providing easy accessibility.
This property boasts immense potential for a tourism enterprise, boutique hotel, luxury retreat, or private residence. It offers a swimming pool, gardens, and extensive outdoor spaces along with prime proximity to beach, golf, marina, and urban centre, making it an excellent opportunity for investors seeking high return potential in one of Southern Europe’s most robust real estate markets.
What this place offers
- swimming pool
- air conditioning
- garden
Getting around
- Excellent water quality
Nearest beach · Porto de Mós
~5 min drive · 3.2 km
Portimão (PRM)
~17 min drive · 15 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Lagos, Algarve, Portugal
- Nearest airport
- Portimão (PRM)
- 11 km
- Also close
- Faro (FAO)
- 65 km
- Nearest city
- Setúbal
- 160 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Portugal
Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.
Mortgages are available to non-residents, typically up to 60–70% LTV.
The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023).
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
