A fantastic two bedroom apartment for sale in the Algarve. Situated on a new development, currently under construction, it can be found in a scenic area of Lagos. Santa Maria 2 - Apartments & Lifestyle will provide an excellent quality which the developer has instilled in all their condominiums so far.

At just a short two minute drive from the beach and close to its historic city centre, you couldnt be anymore excellently located. The location of the development certainly benefits from a prime location, making it suitable to use as a holiday home, rental investment or even permanent residence. 

As to be expected from such a highly skilled developer, the apartment will offer luxury finishes throughout from the fully equipped kitchen, which will offer quality appliances such as ceramic hob, oven, microwave, refrigerator, dishwasher, washing machine and extractor fan already installed.

This apartment comprises of two bedrooms, two bathrooms, an open plan living dining room will have access to a terrace to enjoy the beautiful views of Lagos and all bedrooms will have fitted wardrobes along with underfloor heating installed in the bathrooms.

Some additional features will include air-conditioning, electric shutters, excellent thermal and acoustic insulation and the water heater will be connected to a solar panel system.

With an unflinching commitment to quality finishes and excellent services, this project will feature an outdoor swimming pool and indoor private parking. 

Perfectly located and with an excellent solar exposure, Santa Maria 2 - Apartments & Lifestyle is a fantastic project in the perfect place for those who want to stay close to everything and enjoy the best that life has to offer!

For more information, a breakdown of projected rental income or to reserve your unit, get in touch with the team today!

Lagos is a town in the Western Algarve, hugely popular among people of all ages and attracting tourists from all corners of the world. It is well known for its iconic beaches and sandy coves of Dona Ana and Praia do Camilo. The cliff tops of Ponta da Piedade provide a stunning view to the sea and surrounding natural beauty.

Its centre is home to many historic landmarks, including the 18th century church of St. Antonio, castle walls and the Castelo dos Governadores, one of the towns oldest features.

Mortgage Simulation: Duration Period: 30 years 360 months

Purchase Price: 760,000
Deposit Down Payment: 152,000
Finance: 608,000
Interest Rate: 0.9%
Monthly Payment: 1,927.77

Mortgage Simulation: Duration Period: 40 years 480 months

Purchase Price: 760,000
Deposit Down Payment: 152,000
Finance: 608,000
Interest Rate: 0.9%
Monthly Payment: 1,508.79

Rental Simulation

Season and Rate per week
Spring (01 April - 31 May) - 1,100
Early Summer (01 - 30 June) - 1,350
Summer (01 July - 15 September) - 1,600
Late Summer (15 - 30 September) - 1,350
Autumn (01 - 31 October) - 1,100
Winter (01 Nov - 31 March) - 800

*The simulations above are estimated figures for the development and can vary depending on the apartment
- REF: IDH32609