Investing in a 2-bedroom flat near Meia Praia presents excellent opportunities for both rental income and personal enjoyment. Priced at €550,000, this beachfront apartment is perfectly situated just 140 meters from the beach, making it a sought-after property for holiday rentals. With the vibrant amenities of Lagos city centre only a short walk away, you can effortlessly enjoy shops, bars, and restaurants, enhancing its appeal to potential tenants. This traditional apartment offers two spacious bedrooms, including one with an en-suite bathroom, and a generous living area perfect for relaxing or entertaining. The property also features a roof terrace with sea views, which is a major draw for holidaymakers looking for that perfect getaway. Renovation potential adds curb appeal and value, allowing you to personalise the space to attract a broader range of tenants. Its proximity to public transport links offers easy access to nearby attractions, ensuring consistent rental demand. As the Algarve continues to develop, securing a property like this could yield a robust return on investment. To explore this remarkable investment opportunity further, contact us today!
• Living Area 103.2m²
• 2 Bedrooms, 2 bathrooms
• Year of Construction 1994
• Varandas and Roof terrace totalling 40m²
• Distance to the beach 140m
Situated just 104m from Meia Praia beach, this 2 bedroom, 2 bathroom apartment is ideally located on the shoreline, yet close to amenities, making it an excellent choice for both residents and holiday makers. This property offers a unique blend of location, comfort and potential with some renovation. The property just needs your personal stamp to make it your ideal beach retreat.
The property consists of:
Entrance Level:
• Entrance Hall
• Family bathroom
• Living/dining room with patio doors to terrace
• Fitted and equipped kitchen
• 2 double bedrooms (1 with en-suite)
External:
• Parking area
• Balconies/terraces
• Private staircase to roof terrace and BBQ area