Yes, this two-bedroom penthouse is an excellent investment for vacation rentals in the Algarve region. Priced at €870,000, it comes with a tourist licence and lies only 300m from the renowned Meia Praia beach. The spacious design, including a 168m² living area and 212m² construction area, exemplifies modern coastal living, attracting both renters and holidaymakers. Investors can benefit from great rental potential owing to the upscale amenities and proximity to local attractions, including restaurants and golf courses. The complex features a large heated communal pool and landscaped gardens, enhancing the appeal for those seeking a relaxing retreat. With a fully equipped kitchen and large terraces overlooking the ocean, guests will enjoy a luxurious stay. Given the demand for short-term rentals in this beautiful area, this property promises a substantial return on investment. Contact us now to learn more about this lucrative opportunity!
• Living Area 168m², Construction Area 212m²
• 2 bedrooms, 2 bathrooms
• Construction year 1999
• Underground parking
• Communal pool and resort reception
• 300m to the beach
• In front of the beach with several restaurants
• Great rental investment property
This boutique resort benefits from a large pool and a beautifully landscaped garden with palm trees. There is a reception and laundry service on site. The apartment comes with an underground parking space. The apartment is large with panoramic 180º views of Meia Praia beach, just 300m away. The beach and all local amenities in Lagos are within easy distance.
Internal:
• Fully equipped, fully fitted kitchen
• Open plan living and dining area
• 2 double bedrooms
• 2 bathrooms (1 en-suite)
• Large terraces with 180º sea views
External:
Outdoor area:
• Landscaped gardens
• Large heated communal pool
• Reception
• Underground parking
The apartments in this complex have a tourist license, making them ideal for renting out. The owner can use it for their holidays, or family and friends. The complex also offers a comprehensive management service. Rentals, outside the family, are organised by the management company.
Amenities
• Air conditioning
• Large heated communal pool with toilets and changing rooms
• Night security
• Underground parking
• Double glazing with manual shutters
• Mains utilities
Location
• Distance to the beach: 300m
• Distance to the golf course: 1km (Palmares)
• Distance to Faro airport: 90km
• Distance to Lagos marina: 1km
• Distance to Lagos city center: 2.3km
