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Apartment in Lagos

ref. LE2211
295.000€ 259.000€
  • C
  • 0
  • 1
  • 46m2

This stunning ground floor studio apartment in the heart of Lagos Marina presents a prime investment opportunity. Priced at €259,000, it offers a fantastic return on investment given its excellent rental history, generating €29,629.72 in gross income for 2023. The property is ideally situated just 3.5km from beautiful Meia Praia beach and within walking distance to the charming city centre, attracting both holidaymakers and long-term renters. The 46.3m² studio features a modern galley kitchen and an ample terrace facing the marina, ideal for outdoor entertaining. With access to notable local amenities, restaurants, and leisure activities, this property perfectly embodies the Algarve lifestyle. The allocated underground parking enhances its value further, making it suitable for residents and holiday goers alike. Whether you’re aiming for a personal retreat or a rental investment, this apartment is a must-see. Contact us now to explore this opportunity before it's taken!

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
2006
Rooms
2
Bedrooms
0
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
46 m²
Usable area
79 m²
Balcony/Patio area
13 m²
Tarmac
Garage, Underground Garage, Parking outdoors
Open Plan
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Bathroom
Elevator, Intercom, Cable/Satellite TV
Mains electric, Mains water, Mains drainage
Double glazing, Manual Shutters/Blinds
Optional communal pool, Communal
Town View, Marina View
• Exclusive with Togofor Homes
• Living Area 46,3m²
• Total Construction Area 78,6m²
• 1 Bathroom
• Allocated underground Parking
• Located 3.5km from Meia Praia beach

This ground floor marina apartment has generous a modern fully fitted Galley kitchen, ample terrace area accessible from the living and kitchen area. Located within easy reach of all of Lagos’ amenities and giving wonderful views of the marina and river with its cosmopolitan, laid back lifestyle making it perfect as a holiday getaway or future investment property.

These properties are in high demand, so don’t miss this opportunity!

The apartment comprises:
• Open-plan living/bedroom area
• Bathroom
• Fully fitted, fully equipped galley kitchen

External:
• Ample Balcony of 13m²,
• Allocated underground parking space

Amenities

• 3 in 1 Air conditioner in living area
• Double glazing
• Manual shutters
• Entry Intercom
• Elevator
• Electric door to underground garage

Location

• Beach 3.5km Meia Praia, 1.8km Praia da Batata
• Golf 4.5km, Palmares
• School 2km
• Faro Airport 92km

Other Info

Access to communal pool for annual fee.
Apartment condominium fees 432€ per year.
Property was rented. The total gross income from rentals for 2023 was 29,629.72€
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