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Why is a studio apartment in Lagos Marina a great investment opportunity?

Apartment in Lagos

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

Investing in a studio apartment in Lagos Marina offers numerous advantages that increase its desirability. Priced at €259,000, this ground floor studio is perfectly positioned just 3.5km from the popular Meia Praia beach and within easy reach of the city centre amenities. It boasts a solid rental history, having generated €29,629.72 in gross rental income for 2023, making it an ideal purchase for those looking to benefit from both personal use and rental income. The property features a modern galley kitchen, a spacious open-plan living area, and a fantastic terrace overlooking the marina, presenting a stunning backdrop for relaxation. Additional benefits include allocated underground parking and access to communal facilities, enhancing its attractiveness to potential renters. The versatile space and prime location cater to both holidaymakers and investors alike, ensuring a constant demand. Don’t miss out on this remarkable opportunity to own a property in one of the Algarve's top locations. Contact us now to learn more!

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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