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Global Properties

3 bedrooms Villa in Luz, Portugal No. 198370

$ 965 828
$ 5 749 per m²
3 Bedrooms
3 Bathrooms
168 Living space, m²
Luz, Portugal
Parameters
Bedrooms
3
Bathrooms
3
Living space, m²
168
ID
198370
Type
Villa
Property description
SP-V1813 | Villa to Refurbish, Minutes from Luz Beach - Great Investment Opportunity


This villa, just moments from the picturesque Luz Beach, is a rare investment opportunity offering immense potential. Set on a generous 515m² plot, the property combines a prime location with an ideal layout for those looking to refurbish and create a bespoke home or lucrative holiday rental.

Built in 1986, the villa spans 168m² across two floors. The first floor boasts a spacious living room that opens to a large terrace, complete with stairs leading to the garden below. This level also features a sizable bedroom, a bathroom, and a convenient utility room or kitchenette, perfect for adding functionality or storage.

The ground floor offers a kitchen with direct access to the dining area, two bedrooms, and a bathroom. Each ground-floor room opens to the expansive garden, which is brimming with possibilities. Imagine transforming this outdoor space into a private retreat with a swimming pool, landscaped gardens, or an alfresco dining area.


Located just 300 meters from the sea, this villa's position combines the tranquility of a residential neighborhood with the convenience of being steps away from one of Portugal's most sought-after beaches. Its adaptable layout offers the potential to create up to four bedrooms, making it an appealing choice for families or investors targeting the holiday rental market.

With a touch of imagination and refurbishment, this villa can be transformed into a modern, luxurious property tailored to your taste. Don't miss the chance to own a piece of paradise in the heart of Luz. This is more than a home-it's an investment in lifestyle and opportunity. Energy Rating: E.


Covered Area 168,00 m²
Land area 515,00 m²
Year of construction 1986
Energy Rating E


Praia da Luz, or Luz for short meaning "beach of light" is a popular village on the next bay along from Lagos. Visitors often return here to buy property because this village has everything you could need along with a beautiful beach, an agreeable sheltered climate with sea views and coastal walks to enjoy. Above the village, there are villas with pools and gorgeous bay views, while down in the centre are more traditional townhouses and apartments just a short walk from the beach.

---

VISITOR INFORMATION:

Sunpoint Properties is managed by Susana do Carmo Duarte, a professional property consultant with experience in the Western Algarve real estate business since 1995. Sunpoint is experienced in sales of different types of properties ranging from ruins, old houses, resort properties, luxury villas.

We can also provide project management services to clients who wish to build their dream homes, helping them find the ideal site, advising with a local architect, engineer, a trustworthy quality builder, and anything else that is essential to have a property built successfully.

If you are looking for your dream home or an investment in the sunny Algarve, Susana and her team will be happy to help you.

Throughout the years, Sunpoint has established strong and long-lasting relationships with the most professional and reliable partners. They can further help make your investment project hassle-free. Such partners include but are not limited to reputable rental management companies, banks offering good mortgage conditions, legal assistance in various languages, surveyors, interior decorators, furniture kit suppliers, and last but not least a trustworthy currency exchange company with whom we have also worked for many years.

The beautiful village of Praia da Luz belongs to the municipality of Lagos, an ancient maritime town with more than 2000 years of history, situated in the south of Portugal just 30 km from Sagres and Cape St. Vincent, which is the most south-westerly point of Europe.

The Western Algarve has, without a doubt, some of the most beautiful beaches in the world and natural beauty in abundance with spectacular landscapes.

The lively city of Lagos was the centre of the world at the time of the Portuguese discoveries, around the fifteenth century and has a beautiful historical centre, with several terraces, restaurants, and shops. It is an essential place to visit.

15 km away is the Algarve International racing circuit, which hosts an annual round of the World Superbike Championship and many other racing events.

Simply deciding how you wish to spend your time here is a pleasure, from a leisurely day in town or on the beach to visiting places of interest and shopping. If it is sports and outdoor activities that you desire there is golf, swimming, surfing, kayaking, sailing, boat trips, dolphin watching, grotto tours, fishing, jet-skiing, windsurfing, jeep safaris, tennis just to mention a few.

Faro airport is only a 90-minute drive away with easy access from the A22 motorway.

The variety of property in the Western Algarve is sublime, and one will never be disappointed with the spectacular region. We have the finest selection of villas, apartments, townhouses, farmhouses, cottages and more, to suit your requirements perfectly.BrochuresBrochure 1
Features
Features
  • Terrace
  • Furnished
Indoor facilities
  • Storage room
Outdoor features
  • Garden
  • Swimming pool
Statistics Luz
$ 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
$ 662
2-Room Apartment
$ 363
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
26
Purchasing Power Index
8
Property Price to Income Ratio
116
Safety Index
31
Traffic CO₂ Index
8615
Traffic Inefficiency Index
396
Rent Index
22
Health Care Index
47
Groceries Index
31
Pollution Index
89
Traffic Commute Time Index
68
Restaurant Price Index
28
Climate Index
61
Cost of Living Index
30
Quality of Life Index
0
Traffic Index
349
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)
$ 0.49
Water (0.33 liter bottle)
$ 0.29
Cappuccino (regular)
$ 2.30
Markets
Milk (regular), (1 liter)
$ 2.73
Loaf of Fresh White Bread (500g)
$ 1.21
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)
$ 1.45
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)
$ 0.67
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
$ 115
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)
$ 9.11
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
$ 670
International Primary School, Yearly for 1 Child
$ 16 374
Contact seller
Contact seller

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