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Why buy a penthouse apartment in Lagos with resort management, underground parking and rental potential?

Apartment in Lagos

ref. LE2465
9.620.937SEK 8.625.667SEK
  • C
  • 2
  • 2
  • 168m2

Buying this Lagos penthouse offers a combination of resort management, underground parking, licensed rental potential and a €780,000 purchase price. The two-bedroom apartment is fully furnished and positioned approximately 300 metres from Meia Praia beach. It is suited to buyers who want a personal Algarve retreat that can also support managed holiday letting. With 168m² of living space, the apartment provides generous proportions for a two-bedroom property. The 212m² construction area includes substantial indoor and outdoor accommodation. A south-facing orientation and large terraces frame panoramic 180° views across the beach. The open-plan lounge and dining area creates an adaptable space for entertaining or relaxing. The fully equipped kitchen allows the property to be used immediately without a major furnishing project. Two double bedrooms can accommodate owners, family members and paying guests. One of the two bathrooms is en-suite to the main bedroom. Air conditioning helps maintain a comfortable interior during hot summer periods. Double glazing and manual shutters are practical features for a coastal residence. Underground parking offers secure, convenient vehicle storage. The landscaped resort grounds contain palm trees and a large heated communal pool. Reception and laundry services reduce the everyday responsibilities associated with a second home. Night security provides additional peace of mind for owners living abroad or visiting seasonally. The management company organises rentals outside the owner’s family and friends. A tourist licence supports the property’s suitability for an established holiday rental strategy, subject to applicable regulations and operating terms. Lagos marina is around 1km away, and the town centre is approximately 2.3km from the resort. Palmares golf course is close by at about 1km, while Faro Airport is roughly 90km away. Contact us now to discuss the investment case and schedule a private 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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