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Property for sale in Burgau, Algarve
3 Bedroom Investment Property
Price: 1,400,000 EUR
Situated on the outskirts of the thriving holiday/fishing village of Burgau (close to Lagos and Praia da Luz) this sport/social centre is popular with both the locals and many visitors, and with growth potential it is ideal for someone to put down roots and develop. Currently comprising 3 tennis courts, 2 squash courts, swimming pool, bar & café and lounge/social space with table chairs and lounge chairs with TV, children sand pit and play area, changing rooms, toilets, indoor space for working out, 1 bed self contained apartment (which could be used by the owner), 6 wooden 2 bed detached chalets for renting and lots of land for expansion. The complex could be expanded with more tennis courts and/or bowling green and probably a gymnasium to increase the potential. The centre which is in need of some renovation, is sold at 925.000€ and the chalets at 475.000€ with a combined total of 1400.000€
Total Price: 1.400.000€
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