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Why is investing in a beachfront apartment in the Algarve a good idea?

Apartment in Praia da Luz

ref. LW2427
603.865$
  • E
  • 1
  • 1
  • 87m2

Investing in a beachfront apartment, such as this stunning one-bedroom flat near Praia da Luz, is a wise decision for potential buyers. Priced at €520,000, this property not only offers breathtaking sea views but also positions you within 100 metres of the beach. The Algarve is known for its vibrant lifestyle, making it a popular tourist destination and ensuring a strong rental market. With a living area of 87.3 m², this flat features modern amenities, including a fully fitted kitchen, spacious living area, and a private terrace perfect for enjoying the scenic coastal sunset. Communal amenities such as a large pool, restaurant, and pool bar enhance the living experience while providing additional convenience for guests. Proximity to local attractions and the charming town of Lagos, just a short drive away, allows for easy access to shops, dining, and cultural experiences. The investment potential is further strengthened by the continuous appeal of Algarve's beaches, which attracts both tourists and long-term residents alike. This is an excellent chance to own a property that can serve as both a personal getaway and a lucrative income source. Don’t wait to make this beachfront lifestyle your reality; contact us now to learn more and arrange a viewing!

Usage
Residential
Type
Apartment
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
2002
Rooms
2
Bedrooms
1
Bathrooms
1
Floors
1
Furnished
Fully
Living Area
87 m²
Usable area
103 m²
Balcony/Patio area
16 m²
Tarmac
Parking outdoors
Lounge/Dining
Garden Terrace
Fully Fitted, Fully Equipped
Fitted Wardrobe
1 Family Bathroom
Gas central heating
Cable/Satellite TV, Boiler, Fibre Optic Internet
Mains electric, Mains water, Mains drainage, Gas Deposit
Single Glazing
Communal, Lighting
Landscaped, Communal gardens, Auto irrigation
Resort facilities
Sea View, Panoramic View
● Living Area: 87.3m²
● Courtyard and Terrace: 15.6m²
● One Bedroom, One Bathroom
● Private Courtyard
● Communal Pool
● Distance to the Beach: 1.2km

This is a wonderful, spacious, traditional style one-bedroom apartment with fantastic panoramic sea views from inside and outside the property. Here, you have unobstructed views across the coast of Luz and its well-known Black Rock. From the end of the garden, there is a famous path called Fisherman's Trail that leads you in minutes to Luz beach and all its shops, bars and restaurants. The resort itself offers a variety of communal facilities, including a restaurant and communal pools and bathing areas, all overlooking the stunning Atlantic Ocean, all overlooking the stunning Atlantic Ocean, making it an ideal property for rental and private holidays, but of course, you can live here permanently too as a resident. The resort has recently undergone renovations to the communal pool areas and terraces and roofs with a 10 year guarantee.

Internal:
• Fully equipped kitchen
• Living and dining area
• Large bedroom with built-in wardrobes
• Large family bathroom
• Access to the internal courtyard
• Sliding doors to the terrace

External:
• Enclosed courtyard
• Terrace area
• Communal gardens
• Swimming pools
• Pool Bar, restaurant and mini-market
• Parking
• Trek paths directly to Luz Beach

Amenities

• Fully fitted kitchen
• Fitted wardrobes
• Sat TV
• Option to install solar panels
• WLan is fibre optic 10GB from MEO; also TV and landline
• Privately installed sprinkler system

Location

• 100m from the sea
• 1.2km from the beach
• 2.7km to Lagos
• 7.1km from the nearest golf course
• 2.9km to the nearest school
• 94km from Faro Airport
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