Offering a sunbathing terrace and a shared lounge, Iguana Guesthouse Lagos is located 350 metres from Museu Municipal Dr Jose Formosinho Museum in the Lagos City-Centre district. There is also a car park.

Such city attractions as Xscape-It Escape Room Center, which is 5 minutes on foot from this guest house, and Miradouro da Ponta da Piedade National Park, which is 25 minutes' walk away, are well worth a visit. The Iguana Guesthouse offers proximity to natural sights like Praia do Camilo Public Beach (1.8 km) and Porto de Mos Beach (2 km). This hotel has a central location in Lagos, in proximity to Praia da Batata Beach. The property is 0.9 km from Terminal Rodoviario bus station, while Sao Roque Beach is 1.3 km away.

Staying at one of the 7 rooms at the Iguana Guesthouse Lagos, guests have access to a dining area. The rooms include shared bathrooms.

The hotel features O Trovador restaurant. There is a restaurant serving contemporary food about 200 metres away.