Investing in a Lagos Marina apartment is a brilliant decision for anyone looking to experience the vibrant lifestyle of the Algarve while securing a valuable asset. This ground floor studio apartment, priced at €274,000, is situated in one of the most sought-after locations, surrounded by the beauty of the marina and only a short stroll from Lagos’ historic city centre.
With a total construction area of 78.6m², this studio apartment features an open-plan living layout, equipped with a modern kitchen that provides both style and functionality. The ample terrace area is perfect for entertaining guests or enjoying serene views, making it ideal for relaxation or socialising.
In addition to its aesthetic appeal, the property offers excellent investment potential, highlighted by past rental income of nearly €30,000 in 2023. This reflects the strong demand for holiday rentals in this attractive coastal area, which can significantly boost your return on investment.
The location adds further value, being just 3.5 km away from Meia Praia beach and near a selection of local amenities, such as top-rated restaurants and vibrant shops. Further secured by an allocated underground parking space, it enhances convenience for short-term and long-term visitors.
Further included are essential amenities such as air conditioning, double glazing, and access to a communal pool, all contributing to a comfortable living experience. The annual condominium fee is reasonable at €432, allowing buyers to manage costs efficiently.
Buying this apartment will not only provide a delightful living space but also an exceptional opportunity to capitalise on one of the Algarve’s most attractive areas. Reach out today to discover further insights on this investment opportunity!
• 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€
