1 Bed Apartment for sale

Lagos, Algarve, Portugal

£130,794

 [€149,000]

Property Details

  • Bedrooms: 1
  • Bathrooms: 1
  • Habitable space: 32 m2

Features

  • DoubleGlass

Full Description

Lagos Beach Resort & Spa is situated in front of the Dona Ana Beach, elected the 'best Portuguese beach', by TripAdviser, with steep and colourful cliffs, crystal clear water and a magnificent sun.
The pleasant and safe Lagos city is located just a few minutes from the Hotel. You can visit its charming historical centre, which has all the commodities that you might eventually need.
Lagos Beach Resort & SPA is located extremely close to the Natural Park Sudoeste Alentejano e Costa Vicentina, with idyllic and magical landscapes scenarios, pedestrian sidewalks and virgin beaches.
The Hotel's construction is planned for 2018 and 2019, with the work to conclude before the summer of 2020.
Lagos Beach Resort & SPA has 279 touristic apartments.
The prices are from €149.000,00 up to €229.000,00.
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
AMENITIES & FEATURES
Lagos Beach Resort & SPA – 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
*Car Parking
INVESTMENT CONDITIONS
Freehold apartments
Guaranteed profitability of 7% up to 10%
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)
An offer of 14 days of annual leave (save about €2.000/ year) for 15 years
This an ideal investment for : obtaining a residence visa in the Schengen area (Golden Visa) or for the NHR (Non-Habitual Residency status) tax regime, or as a holiday home, or as a simple capital investment in real estate in a prime location.
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This property listing (ref: APA_1790) is an advertisement supplied by Infinito Real 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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