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What budget is needed to purchase a Lagos beach apartment with a tourist rental licence?

Apartment in Lagos

ref. LE2465
870.000€ 780.000€
  • C
  • 2
  • 2
  • 168m2

The asking price for this Lagos beach apartment with a tourist rental licence is €780,000. That budget buys a fully furnished two-bedroom penthouse approximately 300 metres from Meia Praia, with two bathrooms, a communal heated pool and underground parking. It also includes 168m² of living space, 212m² of construction area and panoramic 180-degree sea views in a boutique resort. The south-facing apartment is positioned close to the beach and several restaurants. Its large terraces provide valuable outdoor space for private use and holiday guests. An open-plan living and dining room gives the interior a bright, flexible layout. The fully equipped kitchen is ready for immediate occupation or rental operation. Both bedrooms are doubles, making the property suitable for families, couples and friends travelling together. One bathroom is en suite, while the additional bathroom serves guests and residents. Air conditioning supports comfortable living during the hot Algarve summer. Double glazing and manual shutters add practical features for a coastal home. The communal gardens are landscaped with palm trees and designed for easy enjoyment. A large heated pool offers an attractive alternative to the nearby sandy beach. Resort reception, laundry services and night security provide useful operational support. The underground parking space helps protect the vehicle and simplifies access for owners and visitors. Apartments within the complex have a tourist licence, creating a significant advantage for buyers considering managed holiday rentals, subject to applicable regulations. The management company organises rentals outside the owner’s family and friends, which may reduce the work involved in operating the property. Lagos Marina is about 1km away, Palmares Golf is approximately 1km away and the town centre is around 2.3km distant. Faro Airport is approximately 90km away, supporting access for international visitors and owners. Contact us to confirm the purchase details, discuss rental potential and schedule a viewing.

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1999
Rooms
3
Bedrooms
2
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
168 m²
Usable area
212 m²
Tarmac
Garage, Underground Garage, Parking outdoors
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe, Dressing Area
1 Family Bathroom, 1 En-Suite
Cable/Satellite TV, Internet/Phone
Mains electric, Mains water, Mains drainage
Double glazing, Manual Shutters/Blinds
Shower, Communal
Landscaped, Communal gardens
Resort facilities
Sea View, Panoramic View
• 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
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