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Why should I invest in a traditional seaside apartment in Algarve?

Apartment in Lagos

ref. LE2410
550.000€
  • D
  • 2
  • 2
  • 103m2

Investing in a traditional seaside apartment in the Algarve, especially at Meia Praia, Lagos, presents an exceptional opportunity. With a price tag of £550,000, this 2-bedroom, 2-bathroom apartment not only offers stunning sea views but also places you just 140m from one of the Algarve's most beautiful beaches, making it an attractive option for both personal enjoyment and rental investment.

The property is perfectly positioned to capitalise on the booming holiday rental market in the Algarve, with easy access to the vibrant Lagos city centre filled with shops, bars, and restaurants. The panoramic sea views from the apartment further enhance its value, ensuring it stands out on the market.

The interior is functional and spacious, featuring a living/dining area that flows beautifully onto a balcony, complemented by a kitchen designed for ideal functionality. Outdoor amenities such as a private staircase leading to a roof terrace and BBQ area allow for entertaining or relaxation while soaking in the views.

Given its popularity among tourists and beach lovers alike, this apartment offers solid rental potential, attractive enough for visitors seeking a seaside escape. Furthermore, the region's charm and year-round appeal make it a valuable asset for any property investor. Don’t miss out on this incredible investment opportunity; contact us now for more information!

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1994
Rooms
4
Bedrooms
2
Bathrooms
2
Floors
1
Furnished
Negotiable
Living Area
103 m²
Usable area
116 m²
Balcony/Patio area
40 m²
Tarmac
Parking outdoors
Lounge/Dining
Balcony/Terrace, Roof Terrace
Fully Fitted, Partially Equipped, Rustic
Fitted Wardrobe
1 Family Bathroom, 1 En-Suite
Mains electric, Mains water, Mains drainage
Single Glazing
Panoramic View, Sea View
• Living Area 103.2m²
• 2 Bedrooms, 2 bathrooms
• Year of Construction 1994
• Varandas and Roof terrace totalling 40m²
• Distance to the beach 140m

Situated just 104m from Meia Praia beach, this 2 bedroom, 2 bathroom apartment is ideally located on the shoreline, yet close to amenities, making it an excellent choice for both residents and holiday makers. This property offers a unique blend of location, comfort and potential with some renovation. The property just needs your personal stamp to make it your ideal beach retreat.

The property consists of:
Entrance Level:
• Entrance Hall
• Family bathroom
• Living/dining room with patio doors to terrace
• Fitted and equipped kitchen
• 2 double bedrooms (1 with en-suite)

External:
• Parking area
• Balconies/terraces
• Private staircase to roof terrace and BBQ area

Amenities

• Wood burning fireplace
• Mains water, electricity and drainage
• Fully fitted, partially equipped kitchen

Location

• 140m from the beach
• 3km to Lagos centre
• 4.3km from the nearest golf course
• 1.3km to the nearest school
• 87km from Faro airport
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