If you're searching for studio apartments in Algarve ideal for holiday rentals, look no further than this charming ground floor studio apartment located in Lagos Marina. This property is currently available for €274,000 and comes with a proven rental history, evidencing its popularity among tourists.
With a modern design and a spacious living area of 46.3m², this studio apartment includes a fully equipped kitchen and an ample terrace with stunning marina views, making it a desirable option for holidaymakers. The open-plan layout provides a comfortable space for relaxation, ideal for both short stays and extended holidays.
Situated within walking distance of shops, restaurants, and entertainment options, it offers a prime location for guests seeking a taste of the Algarve lifestyle. With Meia Praia beach just 3.5 km away, it’s an attractive choice for beach-loving tourists.
Having generated nearly €30,000 in rental income in the past year, this apartment's high demand as a holiday rental cannot be overstated. Additionally, the apartment offers features such as air conditioning, double glazing, and secure entry, ensuring comfort during stays.
The choice to access a communal pool only enhances the experience for renters. This, combined with the reasonable annual condominium fees of €432, makes it a preferable option for investors.
This studio is not only a fantastic retreat for vacationers; it also represents a solid investment opportunity within a rapidly appreciating market. Don’t miss this chance to secure a prime rental property in one of Algarve’s most coveted locations.
Contact us now to learn more and arrange a viewing for this exceptional studio apartment!
• 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€
