Budens, Faro

Investment Opportunity in Lagos, Burgau, Algarve, Portugal Villas Key presents a 'consolidated tourism development' located on an exceptional hillside at the top of Burgau, Algarve, in a prime seafront position. Enjoys permanent sea views, set in one of the region's most sought-after tourist areas, ideal for both short-term rentals and hotel operation. The asset combines tourist accommodation, restaurant facilities, and services, allowing for revenue diversification and strong value appreciation potential. Asset Overview: Independent residential units Commercial units Restaurant with sea view Outdoor swimming pool Gym Garages and parking spaces Laundry facilities Units with individual utility meters Public infrastructure (mains water and sewage) Unit Mix: Studio apartments (T0) 1-bedroom apartments (T1) 2-bedroom apartments (T2) 3-bedroom apartments (T3), including duplexes and penthouses Note: Only two units have not yet been renovated, offering immediate upside through light refurbishment. Premium Units (Highlights): Renovated T3 Duplex Living room with fireplace Kitchen and pantry 3 bedrooms and 2 bathrooms Balconies with excellent sea views High demand for premium tourist rentals and long-term stays T3 Penthouse: Duplex with terrace and sea view Excellent post-renovation value appreciation potential Ideal product for the premium / luxury rental segment Restaurant & Services: Indoor capacity: 75 seated guests Outdoor terrace Fireplace Fully equipped kitchen Panoramic sea view Potential for owner-operated business or lease to an external operator Outdoor Swimming Pool: Excellent sea view Electric pump system (possibility to heat the water) Significantly increases occupancy rates and average nightly rate Infrastructure & Equipment: Individual water heating via electric water heater Solid wood wardrobes Mains water and sewage Individual meters per unit Fully autonomous and separately titled units Strategic Location: Top of Burgau with open sea views Area of strong national and international tourist demand Close to beaches, Lagos, and main access roads Excellent balance between tranquility, exclusivity, and accessibility Investment Thesis: Multi-product asset (accommodation + restaurant + services) Strong cash-flow potential through tourist operation Immediate value-add opportunity through partial refurbishment (several units already renovated) Prime seafront location - a scarce asset in the Algarve Strategic flexibility: direct operation, tourist leasing, or phased sale of individual units If you are looking for a solid investment to maximize your business returns, this is it! Contact Villas Key! Energy Rating: D #ref:C251