Exceptional tourist property – Lagos – Funchal | €8,300,000

🌿 The exclusivity of a place, the strength of an asset 🌿 

Some properties attract. Others establish themselves as unmistakable choices.

Nestled in the private, elevated heights of Funchal, just minutes from the ocean and the center of Lagos, this estate embodies a rare balance of authentic charm, premium positioning, and strategic potential. 

A DOMAIN OF CHARACTER

Nestled within a privileged natural environment, this property unfolds as a true private retreat, where every space has been thoughtfully designed to offer tranquility, privacy, and a unique experience.

First, the main house (residential area, not used for tourist rentals), with a total surface area of 388 sqm, spread over two levels.

- The upper floor features two spacious bedrooms with en-suite bathrooms and dressing rooms, an additional shower room, a comfortable living room, a bright dining room, and a large kitchen with pantry.

All is enhanced by a cathedral ceiling with exposed wooden beams, offering impressive ceiling height.

Every room has direct access to the terrace overlooking the property. It benefits from optimal sun exposure and breathtaking, unobstructed sea views, allowing you to admire Meia Praia, Lagos, Porto de Mos, and Praia da Luz.

- The ground floor comprises a large bedroom, a bathroom, a living room with a dedicated office/workshop area, as well as a distinctive dining room with an open-plan kitchen.

This typically Algarvian home combines the solidity of traditional construction with irresistible charm, enhanced by refined and tasteful décor that reflects the history and love of Portugal.

The rental area consists of three separate buildings, each housing a two-bedroom apartment (T2) on the upper floor and a one-bedroom apartment (T1) on the ground floor. All share a similar architectural style, while each has its own unique décor.

- The T2 units, with a surface area of 89 sqm, offer two bedrooms, two bathrooms, a living room with fireplace, and a fully equipped spacious kitchen.

Like the main house, these apartments feature cathedral ceilings with exposed wooden beams and enjoy access to a terrace with sea views.

- The T1 units, measuring 67 sqm, include one bedroom, one bathroom, a living room, a fully equipped kitchen, and a dining area.

These apartments have direct access to the swimming pool.

At the lower part of the property are the final two residences, also featuring cathedral ceilings with exposed wooden beams:

- A 111 sqm house with two bedrooms, two bathrooms, a fully equipped kitchen, and a warm living room with fireplace.

- A 56 sqm house with one bedroom, one bathroom, a kitchen, dining area, and living room.

The entire property is surrounded by a beautifully landscaped garden, offering a Mediterranean atmosphere conducive to relaxation and serenity.

This is a place where one does not simply stay… but truly experiences.

MULTIFACETED POTENTIAL

Currently operated as a tourism and residential property, this estate offers a range of possibilities:

✔️ Continuation of the existing tourism activity, with optimization potential
✔️ Repositioning as a boutique hotel or luxury concept
✔️ Hybrid project: private residences + operational activity
✔️ Upscaling opportunities to increase average revenue per unit
✔️ A rare asset in a highly sought-after real estate and tourist area

A unique property that perfectly combines enjoyment, heritage, and performance.

A STRATEGIC LOCATION

Located in Funchal, within the municipality of Lagos:

• Just minutes from the Algarve’s iconic beaches

• Close to the historic center, marina, and golf courses

• Quick access to Faro International Airport

• Quiet, highly sought-after, and prestigious surroundings

A location that perfectly combines tourist dynamism with long-term asset stability.

GUIDANCE MATCHING THE CALIBER OF THE ASSET

I am an independent real estate agent, specializing in properties where discretion, precision, and strategic insight are essential.

I offer:

• Confidential, tailor-made support

• Clear analysis of operational and repositioning potential

• Connections to the right professionals when needed (management, development, etc.)

• Dedicated support at every stage

I do not simply market a property.
I guide you in acquiring a high-value, strategically significant asset.

Full dossier, financial data, and private viewings available upon request

Property Features

• Built area: 1,031 m²

• Land: 2,670 m²

• Ready for operation

• 9 units including:

  • 3 standalone villas

  • 6 semi-detached houses

• 16 bathrooms

• Fully equipped kitchens

• Built-in closets

• Saltwater swimming pool

• Reception area

• Landscaped gardens

• Terraces

• Private parking

• Sea views

• South-facing orientation

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