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Global Properties

5 bedrooms House in Lagos, Portugal No. 131725

$ 1 178 482
28.03.2025 $ 1 520 394
$ 5 481 per m²
5 Bedrooms
1 Bathrooms
215 Living space, m²
Lagos, Portugal
Parameters
Bedrooms
5
Bathrooms
1
Living space, m²
215
ID
131725
Type
House
Land area, m²
162
Property description
This property offers a unique opportunity to create the home of your dreams in the heart of Lagos, where you can take a leisurely stroll to the beach and enjoy stunning sunsets.
The possibilities for this property are endless! The outbuilding can be transformed into a café or bistro, utilizing the backyard for outdoor dining, while the main house remains a comfortable residence. Alternatively, the outbuilding can be expanded with an additional floor to create guest accommodations. The main house can easily be converted into a charming guesthouse with up to six bedrooms. The rooftop terrace also presents an opportunity for expansion, potentially adding more rooms.
The main house is equally suitable for commercial use, such as a boutique shop, a spa, or a combination of both. This property perfectly accommodates a work-life balance by the beach, offering both residential and commercial opportunities.
CURRENT USE:
Located in the vibrant and historic center of Lagos, this property is a true gem filled with potential.
Currently configured as a spacious 5-bedroom, 4-bathroom home, it combines comfort and character, offering an incredible starting point for your vision.
Perfectly positioned in the heart of the bustling tourist flow, this property is just a short walk from the beach and only five minutes from the lively town square. Surrounded by charming restaurants and bars, it offers a versatile space to explore numerous possibilities, limited only by your imagination.
The first floor features high ceilings and the charm of traditional architecture, creating a warm and inviting atmosphere. The layout includes a spacious living room, a fully equipped kitchen, four well-sized bedrooms—two of which are en-suite—and three additional bathrooms. A beautiful staircase leads to a large rooftop terrace with a bathroom, offering the perfect setting for relaxation or entertaining, with stunning views over the city.
Just off the kitchen, there is a rear terrace ideal for outdoor dining, overlooking the highlight of the property—a vast 162m² backyard, which could become your serene oasis in the city center, with various fruit trees and mature grapevines bordering the property.
A quick stroll through the backyard leads to an additional building accessible from the street, currently used as a garage and storage space. With double-height ceilings and a loft area, this building presents even more potential for transformation—whether into a studio, workshop, guest accommodation, or café/bistro.
ADDITIONAL HIGHLIGHTS: Solar panels, partial air conditioning, and traditional charm.
Let your imagination run wild and take advantage of this incredible opportunity in the heart of Lagos!
Features
Location
  • City view
Features
  • Terrace
Indoor facilities
  • Storage room
  • Garage
Outdoor features
  • Car park
Statistics Lagos
$ 3 343
Price per m²
0
Quality of Life Index
30
Cost of living Index
Parameters
[:second_city:]
Lagos
Difference
Monthly Rent Cost
1-Room Apartment
$ 689
2-Room Apartment
$ 398
Apartment Purchase Price per m²
In the City Center
$ 3 343
Outside the City Center
$ 1 800
Crime Index
69
Cost of Living and Rent Index
28
Purchasing Power Index
8
Property Price to Income Ratio
116
Safety Index
31
Traffic CO₂ Index
9331
Traffic Inefficiency Index
492
Rent Index
26
Health Care Index
47
Groceries Index
30
Pollution Index
89
Traffic Commute Time Index
70
Restaurant Price Index
28
Climate Index
61
Cost of Living Index
30
Quality of Life Index
0
Traffic Index
366
Restaurants
Meal, Inexpensive Restaurant
$ 3.00
Meal for 2 People, Mid-range Restaurant, Three-course
$ 50.00
McMeal at McDonalds (or Equivalent Combo Meal)
$ 5.00
Domestic Beer (0.5 liter draught)
$ 1.00
Imported Beer (0.33 liter bottle)
$ 2.00
Coke/Pepsi (0.33 liter bottle)
$ 0.47
Water (0.33 liter bottle)
$ 0.28
Cappuccino (regular)
$ 2.30
Markets
Milk (regular), (1 liter)
$ 2.73
Loaf of Fresh White Bread (500g)
$ 1.14
Eggs (regular) (12)
$ 1.69
Local Cheese (1kg)
$ 6.27
Water (1.5 liter bottle)
$ 0.34
Bottle of Wine (Mid-Range)
$ 3.12
Domestic Beer (0.5 liter bottle)
$ 0.66
Imported Beer (0.33 liter bottle)
$ 0.91
Cigarettes 20 Pack (Marlboro)
$ 1.28
Apples (1kg)
$ 2.59
Chicken Fillets (1kg)
$ 4.08
Oranges (1kg)
$ 1.97
Potato (1kg)
$ 1.92
Lettuce (1 head)
$ 1.96
Rice (white), (1kg)
$ 1.67
Tomato (1kg)
$ 1.85
Banana (1kg)
$ 1.83
Onion (1kg)
$ 1.90
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 4.28
Transportation
One-way Ticket (Local Transport)
$ 0.72
Monthly Pass (Regular Price)
$ 36.35
Gasoline (1 liter)
$ 0.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 20 363
Taxi Start (Normal Tariff)
$ 1.22
Taxi 1km (Normal Tariff)
$ 2.20
Taxi 1hour Waiting (Normal Tariff)
$ 4.69
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 20 566
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 64.84
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 31.85
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 9.31
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 111
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
18%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 31.25
Tennis Court Rent (1 Hour on Weekend)
$ 9.36
Cinema, International Release, 1 Seat
$ 5.82
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 19.22
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 27.99
1 Pair of Nike Running Shoes (Mid-Range)
$ 64.61
1 Pair of Men Leather Business Shoes
$ 57.07
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 549
International Primary School, Yearly for 1 Child
$ 14 368
Contact seller
Contact seller

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