Investing in a coastal apartment with exceptional communal facilities in the Algarve is made easy with this one-bedroom property near Praia da Luz. This apartment is part of a resort featuring a communal pool, restaurant, and mini-market, ensuring your convenience and enjoyment. With a current price of €490,000, this property offers significant investment potential as a rental income-generating asset during the tourist season. It encompasses 87.3m² of living space and includes a large bedroom, well-equipped kitchen, and access to private outdoor areas. The property's location at just 1.2km from Luz Beach means you and your guests can experience beach life while enjoying the benefits of communal amenities. This area is renowned for its beautiful coastal paths and charming local shops and restaurants, making it highly appealing to renters. Future investment value is enhanced by the accessibility to the vibrant city of Lagos and nearby golf courses. With recent renovations improving the resort's communal areas, this apartment is primed for enjoyment or rental. Discover the investment potential this coastal property holds and take the first step toward owning it. Reach out today for more information!
● Living area: 87.3 m²
● Courtyard and terrace: 15.6 m²
● One bedroom, one bathroom
● Private courtyard
● Communal pool
● Condominium fee approx. 100 pcm
● Distance to the beach: 1.2 km
This is a wonderful, spacious and traditionally designed one-bedroom townhouse with fantastic panoramic sea views, part of a row of 10 frontline, terraced houses in a well looked after resort overlooking the ocean.. From here, there are far-reaching views of the coast of Luz and the famous "Black Rock". At the end of the garden, there is a famous path called the Fisherman's Trail, which takes you to Luz beach and all its shops, bars and restaurants in just a few minutes. The resort itself offers a variety of communal facilities, including a restaurant and communal pools and bathing areas, all overlooking the breathtaking Atlantic Ocean. This makes it ideal for holiday rentals and private stays. Of course, you can also move here and live here permanently as a resident. The development has recently undergone renovations to the communal pool areas and terraces, as well as the roofs, with a 10-year guarantee.
Internal:
• Fully equipped kitchen
• Living and dining area
• Large bedroom with fitted wardrobes
• Large family bathroom
• Access to the courtyard
• Sliding doors to the terrace
External:
• Courtyard
• Terrace area
• Communal gardens
• Swimming pool
• Pool bar, restaurant and mini-market
• Parking space
• Walking trails directly to Luz beach
Amenities
• Fully equipped kitchen
• Fitted wardrobes
• Satellite TV
• Possibility of installing solar panels
• Wi-Fi is fibre optic 10GB from MEO; TV and landline also included
• Privately installed sprinkler system
Location
• 100 m from the sea
• 1.2 km from the beach
• 2.7 km to Lagos
• 7.1 km from the nearest golf course
• 2.9 km to the nearest school
• 94 km from Faro Airport
Other Info
Condominium charge covers: communal gardening, street lighting and maintenance of shared common areas, including the communal pool.
