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Apartment for sale

Lagos, Lagos, Algarve, Portugal

£136,735 *

 [€149,000]

Property Details

  • Bedrooms: 0
  • Bathrooms: 1
  • Habitable space: 61 m2

Features

  • Sea View
  • Close to Town
  • Close to Beach
  • Furnished
  • Varanda(s)
  • Outdoor Parking
  • Communal Pool
  • Air Conditioning
  • Near Amenities
  • Elevator/Lift
  • Indoor Pool

Full Description

Invest and Achieve Excellent Returns
Golden Visa applicable for entire family (investment minimum 350.000€)

This property investment is designed to reduce the investment's risk and to grant high profit. IR Group offers investors opportunities for constant, sustained and fair rental returns through the Hotel Management Program. On offer: freehold apartments with a guaranteed yield of 7% and the possibility to achieve 10% in accordance with the resort's occupancy rate. In addition, you will have a bank guarantee from a Portuguese Bank and IR Group will grant you an optional buyback after 5 years of activity for 100% of the price.

Everything is taken care of on your behalf and you will gain a share of revenue obtained from the touristic exploitation of your property.
You can also benefit from free condominium and maintenance services costs in the first fifteen years.

To top it all off, you will be allowed to holiday in your property for 14 days per year.

•Freehold apartments
•Guaranteed yield of 7%
•Bank Guarantee issued by Portuguese Bank
•Optional buyback after 5 years for 100% of the price
•No condominium and maintenance costs for 15 years (save about €6.000/ year)
•Offer of 14 days of annual leave (save about €2.000/ year)

Amenities:

•279 Touristic Freehold Studio Apartments
•200metres to Dona Ana Beach elected the “best Portuguese beach”, by TripAdviser, with steep and colorful cliffs, crystal clear water and a magnificent sun.
•Rooftop Pool & Restaurant with Panoramic Seaview
•Restaurant and Executive Lounge
•Health Club & SPA Circuit
•Exterior & Interior Swimming Pools
•Zen Gardens
•Conference/Events Rooms with Catering Service
•Kids Club
•Parking

Hotel Residences Design Package Included:

• All apartments will be totally furnished with all amenities
•Suites designed with glamour design aesthetic
•Air-conditioned rooms with a 49’ flat-screen TV;
•Mini fridge, tea & coffee facilities;

This property listing (ref: A317) is an advertisement supplied by Elite Realty and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.9177 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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