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What are the investment opportunities for new apartments in Algarve?

Apartment in Lagos

ref. LW1652
378.064£
  • A
  • 2
  • 2
  • 95m2

The new apartments at Palm Residence in Lagos present excellent investment opportunities due to their prime location and luxury design. Scheduled to complete in 2024, these 2 and 3 bedroom apartments boast modern amenities like underfloor heating, air conditioning, and a stunning communal rooftop pool with sea views, making them ideal for both holiday rentals and permanent living. With a growing demand for properties in Algarve, especially near the beautiful town of Lagos, investors can expect strong potential for rental income as well as property value appreciation over time. Each apartment features spacious layouts, with sizes ranging from 94.70 m² for 2 bedrooms to 123.10 m² for 3 bedrooms, ensuring comfort for residents. Located conveniently close to local beaches, golf courses, and essential amenities, you'll also find that families and holidaymakers are attracted to the area. Investing in these luxurious apartments provides a unique combination of comfort and rental potential. Get in touch with us today to discover more about this exciting investment opportunity!

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
2024
Rooms
5
Bedrooms
2
Bathrooms
2
Floors
4
Living Area
95 m²
Usable area
120 m²
Tarmac
Garage, Underground Garage, Autom. Garage Door
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Under floor heating, AC
Cable/Satellite TV, Video Intercom, Lift, Central Vacuum, Solar (Water), Safe
Double glazing, Electric Shutters/Blinds
Communal
Communal gardens
Sea view from roof terrace
• Living areas: T2 from 94.70m² T3 from 123.10m²
• Construction areas: T2 from 120m² T3 from 169.20m²
• 2/3/4 bedrooms available
• Completed 2024
• Roof-top communal pool
• Underfloor heating and AC throughout
• Lift and private underground parking
• Distance to the beach 1.3 km

These brand new apartments with spacious private terraces are almost finished. Located within easy walking distance of the beautiful, historic centre of Lagos these are ideal for full time residence, holiday home or rental potential. In total there are 24 apartments over 4 floors available and these will sell quickly!

The apartments include underground private parking, roof-top communal pool, air conditioning, underfloor heating, central vacuum system, electric blinds, lift, double glazing and landscaped gardens will surround the building.

Please contact us for the full list of finishings.

T2 from € 441,000
T3 from € 590,000
T4 price € 790,000

Amenities

• Roof-top pool
• Underground private parking
• Fully fitted kitchens
• Cable TV
• Solar water and Underfloor heating
• Lift
• Entry Video system

Location

Beach 1.3km
Golf 1.8km
School 100m
Town 500m Lagos centre
Airport 90km
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