This pretty, traditional village house requires complete renovation or you could build a brand new 2 storey house on the site. Either way, the location is superb, just a one minute stroll down to the beautiful, golden sandy beach which is the high-light of this little gem of a village. Picturesque and unspoilt, the village has lots of character and is very popular with holiday-makers during the summer months.
The property was built pre-1950's and currently comprises a small living room, a kitchen with side entrance, a bathroom, a small front bedroom and a rear bedroom with no natural light. It's not currently habitable. The property is being sold as it is, although plans are currently being drafted for a 2 storey house with 2 bedrooms and a roof terrace which will have fabulous sea views. These plans will be included in the sale and can be submitted to the council for their approval if required (out-line planning already granted). A ballpark figure for a brand new 2 storey build would be around €120,000 +VAT.
Alternatively, you could renovate the existing single storey property. It lends itself to becoming a nice one bedroom house by knocking out a couple of the internal walls to give you a more spacious living area. If the external appearance and structure remains the same, then no planning consent is required (although the council still need to be informed of the work being carried out). A ballpark figure to renovate the existing house would be around €30,000 +VAT.
The rental potential in this area is amazing, given that the beach and all amenities such as cafes, shops and restaurants are all very close by. It would also make a perfect lock-up & leave holiday home. There are 2 parking areas nearby and Burgau has a couple of small supermarkets. Other beach resorts such as Luz, Lagos & Salema are all within a 10 minute radius of the property, as are 3 golf courses.
Please enquire for further details regarding the plans and the rental potential for this property.