Praia Da Luz, Praia Da Luz, Algarve, Portugal | Apartments For Sale at GLOBAL LISTINGS

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Apartment For Sale

€1,600,000

Praia Da Luz
Praia Da Luz, Algarve, Portugal

4bd 4ba 1,200 sqm

Year Built: 0

Listed By: Gatehouse Int. Med. Imo. Lda.

Listed On: 05/01/2024

Listing ID: GL11110964 View More Details

Description

Property With 4 Apartments Plus Bar & Restaurant in Praia da Luz is a great opportunity of investment situated within short distance from the beach. The property comprises of a bar and restaurant, 4 apartments ofiice, outdoor kitchen, utility area, workshop, parking space and garden.

interior:

Bar and Restaurant:

- entrance hall
- client toilet is wheelchair accessible
- capacity for 55 clients with a log burning stove, suspended ceiling with light system, sound system and powerful air extraction system. 2 Giant TVs, projector and DVD
- large kitchen, vegetable prep room, wine storage area and dry goods storage, employee toilets and showers.
- utility area used for delivery access
- workshop

The apartments:

- 2 large studios each with kitchen, bedroom/living area and bathroom
- 2 apartments with 1 bedroom each with living room, kitchen, 1 bedroom and 1 bathroom

Exterior:

- an office set in the garden area
- enclosed garden with palms, bougainvillea and other tropical plants and shrubs
- terraces
- BBQ and Al fresco dining areas
- the garden has table seating and sunshades accommodating another 60 guests
- parking space
- other small gardens

Praia da Luz is situated in a very cosmopolitan summer holiday resort that used to be a major fishing town, especially from the 13th to the 16th century. To the east, stands the limestone and marl cliff, deeply gouged by running water. This whitish cliff is marked by a very dark rock formation that stands out against the landscape: it is the so-called Black Rock, a volcanic vein that extends from the Monchique Mountains to the sea. Praia da Luz is situated close to Luz centre with all amenities and the Faro international Airport is located within a 1h driving distance.

Features

* Air Conditioning
* Country View
* En-suite
* Fitted Kitchen
* Furniture included
* Guest Annexe/Apartment
* Own Garden
* Terrace