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What is the investment potential of a flat in Lagos with a communal pool?

Apartment in Lagos

ref. LE2363
260.000€
  • C
  • 1
  • 1
  • 55m2
  • Alojamento Local

The investment potential of this flat in Lagos, especially with a communal pool, is significant. Priced at €260,000, this modern 1-bedroom apartment is currently generating income through short-term rentals, thanks to its active rental licence. Located just 950m from Meia Praia beach and close to local amenities, this property attracts holidaymakers year-round. The communal swimming pool and rooftop terrace provide additional leisure facilities, enhancing its rental appeal. With its fully furnished setup and spacious living area, it caters perfectly to both leisure and income-earning buyers. The property is part of a reputable condominium, offering well-maintained common areas and services. Given its prime location within walking distance of the marina, historic centre, and restaurants, it positions itself as an excellent investment opportunity. Additionally, the property's proximity to a golf course and an airport further increases its attractiveness to potential renters. This apartment stands out in the attractive Algarve market, ensuring a good ROI for savvy investors. Don’t miss out on owning this profitable investment in Lagos! Contact us to learn more.

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
2004
Rooms
3
Bedrooms
1
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
55 m²
Usable area
82 m²
Balcony/Patio area
11 m²
Tarmac
Garage, Underground Garage
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage
Fitted Wardrobe
AC in Bedrooms
Mains electric, Mains Gas, Mains drainage, Mains water
Double glazing, Manual Shutters/Blinds
Communal
Communal
Communal Roof Terrace
Panoramic View, Sea View, Town View
• Living area 55.3m²
• Year of Construction 2004
• 1 bedroom, 1 bathroom
• Panoramic views
• Communal swimming pool
• Active Rental Licence
• Distance from beach 950m

This second-floor, fully furnished apartment is located right behind the Lagos Marina within walking distance of Meia Praia beach and Lagos historic centre. The apartment has a spacious living/dining area with sliding doors to a 10.7m² terrace with panoramic views of Lagos. This apartment is part of a well-kept condominium and has its own parking space in the garage. The block has an elevator and communal pool. The perfect apartment for investment and holidays.

Apartment:
• Living/dining area with patio doors
• Terrace 10.7m² with built in BBQ
• Fully fitted & equipped kitchen
• Storage
• 1 double bedroom
• 1 family bathroom

Exterior:
• Private parking in garage with lockable storage
• Communal pool
• Communal rooftop terrace with 360º views

Amenities

• Mains water, gas, electric and drainage
• Double glazing with manual shutters
• Elevator
• Intercom
• Fitted wardrobe
• Internet/Satellite TV
• AC

Location

• Distance to the sea 650m
• Distance to beach 950m Meia Praia
• Distance to Lagos centre 1km
• Distance to golf course 4.4km
• Distance to Faro airport 78km
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