Apartment for Sale in Lagoa

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€180,000 EUR

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Ref 1181895 | Parchal, Faro | 2 Bedroom Apartment with Parking

Currency services provided by Excel Currencies 180,000 EUR  |  Approx.£154,998 GBP  |  Approx. US$192,636 USD
Parchal, Lagoa, Faro
  • Type: Apartment
  • Location: Lagoa
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 0
  • Bathrooms: 0
  • Build Size: 104m2

Don’t miss this unique opportunity to purchase a 1 or 2 bed apartment (with construction areas of 70m2 and 104m2 plus terraces) fully furnished and equipped with stunning views over the Arade river, Portimão city and Monchique mountains and with a fantastic rental potential/income (rental scheme with 5 years guarantee) in the Agua Hotels Riverside development, that offers all the facilities and services of a 4 star Hotel.
With it’s special location in the Arade River margins, close to the best beaches and golf courses, to be a privileged point of bird watching, it is a “development/ Hotel for all” especially designed to receive guests with various types of mobility constraints.

A building of clean and modern lines, whose form and structure offers fabulous panoramic views, comprising of 74 apartments, divided into 32 x 1 bed of 70m2 plus terraces and 42 x 2 beds of 104m2 plus terraces arranged over 3 floors.
The vast majority of the apartments have 1 closed parking space from the Hotel garage. The development also has a small marina for tourist boats, where various water sports are available and where there is a boat that takes guests to the beach at Ferragudo.

These apartments offer all you need to get a good rental income from your investment and still be able to use them yourself during 4 weeks of the year. During the period that the property is under the touristic exploration no condominium or utility bills are to be paid by the owner.

A unique and ideal opportunity to become the owner of an apartment in one of the most Luxury Hotels in Algarve. For further information do not hesitate to contact us. Come over and visit these apartments, we can get special accommodation prices for you.

Prices for 1 bed Apartment from 180.000 euros until 230.000 euros and for 2 bed apartment from 275.000 euros until 330.000 euros

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