Lagos — Renovated 3-bed townhouse, old town
31 Rua Cândido dos Reis, 8600-681 Lagos
i About this property
Traditional townhouse on Rua Cândido dos Reis, fully renovated in 2021 behind its original façade. Three bedrooms over two upper floors, a ground-floor living/kitchen space with exposed stone, and a 30 m² roof terrace with sea glimpses over the old town. Walking distance to the marina and Meia Praia. Currently operated as a licensed holiday let — 2025 gross income €41,000 with local management in place, transferable to the buyer. No condominium fees; freehold.
📍 About the area — Lagos, Portugal
Lisbon and Porto see strong growth; Algarve is short-let driven. Golden visa changes have shifted demand inland.