Apartment for Sale in Lagos

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€179,000 EUR

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Ref 2270101 | Lagos, Faro | Apartment

Currency services provided by Excel Currencies 179,000 EUR  |  Approx.£154,137 GBP  |  Approx. US$191,566 USD
Lagos, Lagos, Faro
  • Type: Apartment
  • Location: Lagos
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 0
  • Bathrooms: 1

Lagos Beach Resort and Spa, a new project currently underway, found opposite the Dona Ana Beach and will offer 279 studio apartments to be used as rental investments. Situated in Lagos make these properties a highly lucrative investment for someone looking to generate an additional income through rentals. All apartments will be fully furnished to a modern standard with a variety of colours which compliment each other nicely. Features included will be air-conditioning, 49” flat-screen TV, mini fridge, tea and coffee facilities along with wonderful landscape views. Additionally, a bathroom can be found, and will be finished with premium fixtures. This particular apartment is 37m2 and situated on the the top floor. The resort itself will offer luxurious common areas such as a restaurant with an executive lounge, health club, spa experience, zen garden, children’s club, modern and fresh event rooms with catering facilities, as well as an additional rooftop restaurant where a swimming pool can also be found, and car parking will also be available to guests. Construction is currently underway and is expected to be finished in time for summer 2020. Not only does this property provide an excellent place to vacation 14 days a year, but buyers can also expect a guaranteed return of 7% per year on purchase price, making this an extremely beneficial opportunity for the savvy investor. Why not enjoy the fabulous surroundings Lagos has to offer, including Praia de Ana, and make an additional income on the side?! Lagos is a town in the Western Algarve, hugely popular among people of all ages and attracting tourists from all corners of the world. It is well known for its iconic beaches and sandy coves of Dona Ana and Praia do Camilo. The cliff tops of Ponta da Piedade provide a stunning view to the sea and surrounding natural beauty. The centre of town is home to many historic landmarks, including the 18th century church of St. Antonio, castle walls and the Castelo dos Governadores, one of the town’s oldest features.

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