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Why is Meia Praia a great location for investing in property?

Apartment in Lagos

ref. LE2250
5.377.921NOK
  • C
  • 2
  • 2
  • 93m2
  • Alojamento Local

Meia Praia stands out as an exceptional location for property investment due to its stunning natural beauty and vibrant community. This area is home to a remarkable 2-bedroom apartment, just 800 metres from the beach, that exemplifies why investors are drawn to Lagos. With close proximity to the award-winning marina, excellent golf courses, and an array of restaurants, the appeal for both permanent residents and holidaymakers is undeniable. Priced at €465,000, this apartment offers a promising ROI backed by a solid rental history and a current rental license holding a 95% success rate. The 93 m² space includes comfortable living spaces and a delightful terrace with sea views, promoting a lifestyle that many aspire to attain. Owning property in Meia Praia offers a blend of tranquillity and convenience, making it perfect for enjoying the Algarve lifestyle. As property values continue to appreciate in this sought-after location, your investment stands to benefit greatly in the coming years. Seize this opportunity now—contact us for further insights into this prime investment property!

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
2002
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
1
Furnished
Negotiable
Living Area
93 m²
Usable area
130 m²
Balcony/Patio area
4 m²
Tarmac, Automatic Entrance Gate
Underground Garage, Autom. Garage Door, Garage
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Laundry, Storage
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Log/wood burner, AC throughout
Cable/Satellite TV, Internet/Phone, Alarm System, Video Intercom, Lift, Boiler
Mains electric, Mains drainage, Mains water
Single Glazing
Sea View, Panoramic View, Countryside View
• Living area 93m²
• Construction area 130m²
• 2 bedrooms, 2 bathrooms (1 en-suite)
• Year of construction 2002
• Underground parking space and outdoor parking spaces
• Rental license in operation with a very successful rental history
• 800m from the beach with several restaurants

The apartment offers a beautiful view from the terrace to the sea and the surrounding area and is sold furnished.

Apartment:
• Fully equipped kitchen with dining table
• Large living-dining area with a terrace
• 2 bedrooms (1 with en-suite bathroom)
• 1 family bathroom
• Access to the terrace from the living room and bedrooms

Outside area:
• Underground parking space
• Parking outside
• Very nice views

The apartment currently has a rental license and a successful rental history, with an excellent 95% rating for 5 stars.

The apartment is rented out, viewing is only possible on changeover days.

Amenities

• Rental license
• Air conditioning in the living area and bedrooms
• Wood fireplace
• Dishwasher
• Fridge with freezer
• Electric stove and oven
• Terraces with sea view
• Underground parking space
• Outdoor parking spaces

Location

• Distance to nearest beach 800m
• Distance to the nearest golf course 4km
• Distance from airport 89km
• Distance to nearest school 3km
• Distance to Lagos city 0km
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