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2 Bed Apartment for sale

Lagos, Lagos, Algarve, Portugal

£279,114 *  [€325,000]

2 Bed Apartment for sale

Lagos, Lagos, Algarve, Portugal

£279,114 *  [€325,000]

Property Details


  • Bedrooms: 2
  • Bathrooms: 2
  • Plot size: 142.5 m2
  • Habitable space: 100.3 m2

Features


  • Air conditioning
  • Central heating
  • Elevator
  • Central location
  • Energy Certificate: A

Full Description


This 2 bedroom ground floor apartment is part of a new, luxury condominium in the centre of Lagos. Built by a highly qualified and experienced developer who has successfully completed a complete portfolio of projects in the Lagos area.

As standard, the apartments have been finished to the highest specification, ensuring high energy efficiency and long-lasting quality. There is underground parking available, a communal rooftop swimming pool, air-conditioning throughout, a central vacuum system, hot water with solar heating and fully equipped kitchens with contemporary finishes.

The apartment offers a fantastic location to those who love to be able to walk to nearby shopping districts, landmarks and restaurants. It is also a 5 minute stroll to the historic centre of Lagos, the multi-award winning marina and only 10 minutes to the nearest blue flag beaches.

A location such as this, combined with the high quality construction makes this property a perfect investment. Whether youre looking for a permanent residence with easy access, a holiday home in the sun or plan to generate rental returns and capital gains, it suits all.

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.

The centre of town 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.

Rental Simulation
Spring (01 April - 31 May) - 750.00
Early Summer (01 - 30 June) - 850.00
Summer (01 July - 15 September) - 950.00
Late Summer (15 - 30 September) - 850.00
Autumn (01 - 31 October) - 750.00
Winter (01 Nov - 31 March) - 600.00

Mortgage Simulation

Purchase Price - 325 000    Purchase Price - 325 000
Deposit Down Payment - 65 000 (20%)      Deposit Down Payment - 65 000 (20%)
Finance Amount - 260 000    Finance Amount - 260 000
Interest Rate - 0.873% Interest Rate - 0.873%
Term Period - 30 years 360 months Term Period - 40 years 480 months
Monthly Payments - 821.18  Monthly Payments - 641.93 - REF: IDH32303

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