Some properties simply offer space. Others offer history, versatility and potential. Located in the centre of Lagoa, one of the Algarve’s most sought-after towns due to its proximity to the beaches of Carvoeiro, Benagil and Ferragudo, this elegant traditional Algarve townhouse has been carefully restored to preserve its original character while incorporating the comfort and functionality of modern living and bright spaces.

With a gross construction area of 194.4 m² and 138.4 m² of usable area, the property comprises of 3 bedrooms, 4 bathrooms, terrace and spacious garage. It is currently divided into two independent apartments a T1 and a T2, creating an extremely attractive opportunity for both investors and families seeking flexibility of use.

The ground Floor apartment features (T1) – 1-Bedroom, 2 bathrooms (1 is ensuite), open-plan living room and kitchen fully furnished and equipped, with direct access to the garage.

The First Floor apartment features (T2) - 2 bedrooms, 2 bathrooms en-suite (one of them is also assessable from the lounge), open-plan living room and kitchen, private balcony for outdoor dining, leisure or entertaining guests.

This property layout provides privacy and comfort, making these units perfect for permanent living or tourist accommodation. One Property, Multiple Possibilities

The current configuration allows the future owner to:
- Generate income through two independent residences;
- Live in one unit while renting out the other;
- Create a multigenerational family living solution;
- Easily reconnect both floors and transform the property into one large family home.

Its Prime Location - Living in the centre of Lagoa means having everything within a short walking distance to restaurants and cafés, local shops, supermarkets, Market, schools, pharmacies, public services, etc. and in addition just a few minutes away by car, from some of the Algarve’s most iconic beaches like Carvoeiro, Benagil, Vale de Centeanes and Ferragudo

Key Features:
✔ Fully restored historic 3-Bedroom, 4 bathroom townhouse with spacious garage.
✔ Divided into Two Independent Residences (T1 + T2)
✔ Independent Entrances
✔ Centre of Lagoa
✔ Excellent Investment Potential
✔ High Demand for Long-Term and Holiday Rentals
✔ Possibility of Conversion into a Single-Family Home

A Rare Opportunity in the Lagoa Property Market. Properties offering this combination of central location, historical character, complete renovation and strong rental potential are becoming increasingly rare in the Algarve.

If you are looking for a home full of character, a holiday property or a real estate investment with strong appreciation and income potential, this could be the opportunity you have been waiting for.

📌 Contact us for further information or schedule your private viewing today, or a virtual tour.