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How much can I earn from renting a one-bedroom apartment in the Algarve?

Apartment in Lagos

ref. LE2363
2.977.522NOK
  • C
  • 1
  • 1
  • 55m2
  • Alojamento Local

Investing in this one-bedroom apartment in the Algarve provides excellent rental potential, especially given its favourable location near Meia Praia beach in Lagos. With an active rental licence and a track record of successful short-term rentals, you can expect significant returns on your investment. Priced at €260,000, this property is designed for buyers looking to maximise their revenue from rentals.

The apartment features a spacious layout with a 55.3m² living area and is fully furnished, reducing initial costs for the investor. Its prime location means it's only 950m from the beach, while being close to local amenities such as shops and restaurants, making it an attractive option for holidaymakers.

In addition to its rental capability, the flat provides a communal pool and a rooftop terrace with stunning views, enhancing the appeal for potential guests. The property also includes a parking space, which is a significant advantage in busy tourist seasons.

Utilising platforms for short-term rentals can generate a robust income stream, especially during peak tourist seasons in the Algarve. Interested in owning a rental investment that guarantees great returns? Contact us today for further information or to arrange a viewing!

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
2004
Rooms
3
Bedrooms
1
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
55 m²
Usable area
82 m²
Balcony/Patio area
11 m²
Tarmac
Garage, Underground Garage
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
AC in Bedrooms
Mains electric, Mains Gas, Mains drainage, Mains water
Double glazing, Manual Shutters/Blinds
Communal
Communal
Communal Roof Terrace
Panoramic View, Sea View, Town View
• 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
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