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Have you ever considered buying a property from 1899, well located in the historic centre of Lagos, and immediately being able to have a return on two commercial spaces? This is your opportunity! This amazing property, which is divided into 3 floors, has two independent shops on the ground floor (in full operation), a residential area on the 1st floor with several rooms and on the 3rd floor an attic and terrace overlooking the city. The property, which requires renovation, has several bedrooms, sanitary installations, a kitchen and a private yard with several storage areas. Ideal to transform into a hostel or B&B right in the city centre, close to the main sights, cafes, restaurants and beaches, or to simply transform into your dream home in a unique area of Lagos. Famous for its golden coastline, stunning beaches and bustling atmosphere, Lagos is one of the most popular tourist destinations in the Algarve. Its charming historical centre is lined with cobbled streets, and home to a variety of different eateries, shops and entertainment venues. Lagos boasts an award-winning Marina, situated on the other side of the Ribeira de Bensafrim, and a number of leading golf courses and clubs. Don't miss this opportunity, get in touch for more information! Property Type: House Typology: 4 Bedrooms Objective: Sell Condition: Used Price: 1 300 000 € Year of Construction: 0 Country: Portugal District: Faro County: Lagos Parish: Lagos (Sao Sebastiao e Santa Maria) Zone: Lagos