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.

With a gross construction area of 194.4 m² and 138.4 m² of usable area, the property is currently divided into two independent residences, creating an extremely attractive opportunity for both investors and families seeking flexibility of use.

Ground Floor – Independent One-Bedroom Apartment

The ground floor features a fully renovated residence comprising:
- Open-plan living room and kitchen
- En-suite bedroom
- Guest bathroom
- Modern, functional and bright living spaces

First Floor – Independent Two-Bedroom Apartment

On the upper floor, we find a second residence with its own private entrance comprising:
- Two bedrooms
- One en-suite bedroom
- Additional full bathroom
- Open-plan living room and kitchen
- Private balcony for outdoor dining, leisure or entertaining guests

The layout provides privacy and comfort, making this unit 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.

Prime Location

Living in the centre of Lagoa means having everything within a short walking distance:
- Restaurants and cafés
- Local shops
- Supermarkets
- Schools
- Pharmacies
- Public services
- Municipal Market
In addition, some of the Algarve’s most iconic beaches are just a few minutes away by car, including Carvoeiro, Benagil, Vale de Centeanes and Ferragudo.

Key Features

✔ Fully restored historic townhouse
✔ 3-Bedroom Property
✔ 194.4 m² Gross Construction Area
✔ 138.4 m² Usable Area
✔ Divided into Two Independent Residences (T1 + T2)
✔ 3 Bedrooms
✔ 4 Bathrooms
✔ 2 Kitchens
✔ 2 Living Rooms
✔ Private Balcony
✔ 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.