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What are the investment opportunities for a 2-bedroom flat close to Meia Praia?

Apartment in Lagos

ref. LE2410
550.000€
  • D
  • 2
  • 2
  • 103m2

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!

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1994
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
1
Furnished
Negotiable
Living Area
103 m²
Usable area
116 m²
Balcony/Patio area
40 m²
Tarmac
Parking outdoors
Lounge/Dining
Balcony/Terrace, Roof Terrace
Fully Fitted, Partially Equipped, Rustic
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Mains electric, Mains water, Mains drainage
Single Glazing
Panoramic View, Sea View
• 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

Amenities

• Wood burning fireplace
• Mains water, electricity and drainage
• Fully fitted, partially equipped kitchen

Location

• 140m from the beach
• 3km to Lagos centre
• 4.3km from the nearest golf course
• 1.3km to the nearest school
• 87km from Faro airport
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