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What budget should I allow for a two-bedroom resort flat with pool access beside Meia Praia in Lagos?

Apartment in Lagos

ref. LE2461
560.000€ 490.000€
  • C
  • 2
  • 2
  • 132m2

The current asking price for this two-bedroom resort flat beside Meia Praia in Lagos is €490,000. Buyers should also budget for the stated condominium charge of approximately €350 per month and an annual IMI cost of €250, with purchase taxes and professional fees to be confirmed separately. In return, the buyer receives a fully furnished ground-floor apartment in Vila Palmeira with access to a communal heated pool. The property offers approximately 140m² of construction area and 132m² of living accommodation. Two double bedrooms make it suitable for family holidays, guest stays or managed rental use. Both bedrooms have fitted wardrobes for convenient storage. Two bathrooms include an en-suite and a family bathroom. The open-plan living and dining room provides a comfortable central space. A large south-facing balcony adds outdoor living potential and benefits from good sunlight. The fully equipped kitchen is ready for self-catering holidays. Air conditioning supports comfortable occupation throughout the warmer months. Double glazing and manual shutters or blinds add practical comfort. A private parking space is included in the purchase. The resort has landscaped communal gardens and a reception area. Security services and on-site management can make ownership more straightforward for non-resident buyers. Meia Praia beach is approximately 300 metres away and stretches for around 6 kilometres. Lagos Marina is about 1 kilometre from the apartment, while the town centre is approximately 2.3 kilometres away. Palmares Golf Course is also roughly 1 kilometre from the resort. The in-house rental service can manage holiday bookings, maintenance and cleaning, offering potential for rental income subject to occupancy, fees and operating costs. The recorded energy rating is C, and the property dates from 1999. Contact us to confirm the full acquisition budget and arrange a viewing of this Lagos resort apartment.

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
132 m²
Usable area
140 m²
Tarmac
Private Parking, Garage, Underground
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
1 En-Suite, 1 Family Bathroom
Cable/Satellite TV
Mains electric, Mains water, Mains drainage
Double glazing, Manual Shutters/Blinds
Communal, Shower
Communal gardens, Landscaped
Resort facilities
Sea View
• Apartment construction area 140m²
• Year of Construction 1999
• 2 Bedrooms, 2 Bathrooms
• Private Parking Space included
• Communal Pool, beautiful communal gardens
• In-house Rental Investment Property
• In front of the beach

Ground floor 2-bedroom apartment in a beautiful boutique resort, near the pool and right in front of the beach. The apartment is touristic with a reception and communal pool and gardens, ideal for vacations for family and friends. It can be rented through the condominium management, with maintenance and cleaning. The apartment is sold fully furnished.

Internal:
• Open plan living/dining room
• Large south-facing balcony
• Fully equipped kitchen with excellent appliances
• 2 double bedrooms with fitted wardrobes
• 2 bathrooms
• Storage

External:
• Private parking space
• Communal heated pool & landscaped gardens
• Resort reception & security service

Amenities

• Air conditioning
• Mains utilities
• Rental is carried out through the in-house management

Location

• Distance to the beach: approx. 300m
• Distance to golf course: 1km (Palmares)
• Distance to Faro airport 90km
• Distance to Lagos Marina: 1km
• Distance to Lagos city centre: 2.3km
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