A magnificent 2+1 bedroom apartment for sale in Lagos located a few meters from the beach of Porto de Mós.

Situated in a private condominium made up of only fifteen apartments, it is a prime location if you are wanting to invest in a holiday home or make an additional income through holiday rentals.

Upon entry into the property, you are immediately welcomed by a large open plan living room with plenty of space for a dining area. This area leads out onto an amazing terrace which overlooks both the communal swimming pool and stunning Atlantic Ocean providing the perfect spot for some fine-dining anytime of the year!

The bright and modern kitchen, located next to the front door (convenient for grocery shopping), is equipped with all the needed appliances to whip up a delight anytime of the day and there is even enough room for another breakfast dining area.

From the kitchen you can head out onto one of two terraces, here you will find some additional storage space in case you need somewhere to place outdoor or sports equipment.

Just past the kitchen you will find yourself in a hallway leading to three bedrooms, one of which does have its own en-suite bathroom equipped with a hydro-massage bath, whereas the two guest bedrooms will be able to make use of the generously sized second bathroom.

All bedrooms have fitted wardrobes with the master bedroom and one bedroom also having access to the front terrace that overlooks the pool and ocean.

Additional features of this property include air-conditioning throughout, underfloor heating, double glazed windows, a central vacuum system, surround sound system and electric blinds.

This condominium also provides its residents with a rooftop communal where you will find a Jacuzzi making this a great spot to enjoy the amazing views while soaking up the glorious Algarvian sunshine! There is also a sports room, heated indoor swimming pool and sauna ensuring anyone who visits can relax and take advantage of these features.

Due to its ideal location, this apartment for sale is a fantastic investment property in Lagos and would be lucrative for holiday rentals if you are wanting to make an extra income through short term lets.

It also suits permanent living so if you want to relocate to the Algarve for a better quality of life or even simply own a holiday home in the sun, this apartment covers all types of investments.

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.

Its centre 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.

Mortgage Simulation: Duration Period: 30 years 360 months

Purchase Price: 665,000
20% Deposit Down Payment: 133,000
Finance: 532,000
Interest Rate: 0.9%
Monthly Payment: 1,686.80

Mortgage Simulation: Duration Period: 40 years 480 months

Purchase Price: 665,000
Deposit Down Payment: 133,000
Finance: 532,000
Interest Rate: 0.9%
Monthly Payment: 1,320.19.

Rental Simulation

Season and rate per week
01 april - 31 may - 1500 per week
01 - 30 june - 1800 per week
01 july - 15 sept - 2400 per week
16 - 30 sept - 1800 per week
01 - 31 oct - 1500 per week
01 nov - 31 march - 1000 per week
- REF: IDH32593