Apartment for sale

Lagos, Algarve, Portugal

£205,142

 [€229,000]

Property Details

  • Bedrooms: 0
  • Bathrooms: 1
  • Habitable space: 30 m2

Features

  • Air conditioning
  • Close to the beach
  • Elevator
  • Garage
  • Garden
  • Furnished
  • Swimming pool
  • Terrace
  • Balcony
  • Energy Certificate: in course

Full Description

INVESTMENT GUARANTEED FROM 7% TO 10%

SEA VIEW

This Resort is a fresh project to refurbish an emblematic Hotel of Lagos. This new project will upgrade it with a vibrant, modern and irresistible feeling. Is situated in front of one of Algarve's best beaches, once elected the “best Portuguese beach” by TripAdvisor, with steep and colourful cliffs, crystal clear water and a magnificent sun.

The Hotel’s construction is planned for 2018 and 2019, with the work to conclude before the summer of 2020.

It has 279 touristic apartments. All apartments will be totally furnished with all amenities: Suites designed with glamour, Air-conditioned rooms with a 49’ flat-screen TV, Mini fridge, tea & coffee facilities, Wonderful landscape views.
The four Star hotel will offer luxurious common areas: Rooftop Restaurant & Pool, Restaurant with Executive Lounge, Spa Experience, Health Club, Modern and Fresh Event Rooms with catering facilities, Kid’s Club, Zen Garden and Car Parking.

Hotel Management Program:
- Guaranteed profitability of 7% up to 10%
- Optional buyback after 5 years for 100% of the price
- No condominium and maintenance costs for 15 years
- An offer of 14 days of annual leave (save about €2.000 year) for 15 years




- REF: 1818-8
This property listing (ref: 1818-8) is an advertisement supplied by Sublime 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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