Apartments with an AL licence in Lagos, like this exquisite 1-bedroom option near Meia Praia, present a remarkable investment potential. Priced at €260,000, this property can easily generate significant rental income, as it's currently operating as a successful short-term rental. With the growing popularity of the Algarve among tourists, especially in Lagos, securing an AL licensed apartment offers a lucrative opportunity for investors looking for strong ROI. This fully furnished apartment comes equipped with a communal pool, providing added allure for holidaymakers. Its prime location, just a short 950m from the beautiful Meia Praia beach and within walking distance to the marina and historic city centre, ensures a high demand throughout the year. Buyers will appreciate the modern amenities, including a fitted kitchen, large terrace, and parking space in a secure garage. The mixture of comfort, convenience, and potential for capital appreciation makes this property a strategically wise choice for any savvy investor. Discover the benefits of investing in the Algarve market and schedule a viewing today to explore this ideal investment opportunity!
• Living area 55.3m²
• Year of Construction 2004
• 1 bedroom, 1 bathroom
• Panoramic views
• Communal swimming pool
• Active Rental Licence
• Distance from beach 950m
This second-floor, fully furnished apartment is located right behind the Lagos Marina within walking distance of Meia Praia beach and Lagos historic centre. The apartment has a spacious living/dining area with sliding doors to a 10.7m² terrace with panoramic views of Lagos. This apartment is part of a well-kept condominium and has its own parking space in the garage. The block has an elevator and communal pool. The perfect apartment for investment and holidays.
Apartment:
• Living/dining area with patio doors
• Terrace 10.7m² with built in BBQ
• Fully fitted & equipped kitchen
• Storage
• 1 double bedroom
• 1 family bathroom
Exterior:
• Private parking in garage with lockable storage
• Communal pool
• Communal rooftop terrace with 360º views
Amenities
• Mains water, gas, electric and drainage
• Double glazing with manual shutters
• Elevator
• Intercom
• Fitted wardrobe
• Internet/Satellite TV
• AC
Location
• Distance to the sea 650m
• Distance to beach 950m Meia Praia
• Distance to Lagos centre 1km
• Distance to golf course 4.4km
• Distance to Faro airport 78km
