2 Bed Apartment for sale

Lagoa, Algarve, Portugal



Property Details

  • Bedrooms: 2
  • Bathrooms: 2
  • Habitable space: 104 m2


  • DoubleGlass
  • AC
  • Energy performance certificate – In progress

Full Description

Fully furnished and equipped 1- and 2-bed apartments (with construction areas of 70/80 m2 and 104 m2 plus terraces) in a privileged waterfront location on the banks of the Arade River on a 10.245 m2 plot in the village of Mexilhoeira da Carregação, 6 km from Lagoa, 4 km from Portimão and within easy reach of shops, restaurants, beaches and golf courses.
The U-shaped building was built in harmony with the environment and combines modern and orginal features of the former sardine factory. It offers stunning river views from most of the carefully furnished and decorated 74 apartments, that are divided into 32x 1-bed 42x 2-bed apartments, arranged over 3 floors.
Each apartment has got one parking space in the hotel garage. The small marina belonging to the hotel offers different kinds of water sports and boat transfers to nearby beaches.
It´s a great opportunity to own an apartment in a touristic development that offers all the facilities and services of a family-friendly 4-star Hotel with a guaranteed rental income if you opt for the rental scheme with 5 years guarantee. In this case the owner can use the apartment during 4 weeks of the year for himself and during the time of the touristic exploration, there are no condominium or utility bills for the owner.
Prices from 275.000,00 € to 330.000,00 €
Energy Rating: In progress
#ref: RIVER2
This property listing (ref: RIVER2) is an advertisement supplied by Fine and Country Algarve 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.

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