Exclusive Apartment in a Luxury Resort

€420,000

2 Rooms
1 Bedroom
1 Bathroom
71 m² Total surface
71 m² Living area

Description

This exceptional apartment is located within a private condominium with 24-hour security, nestled in a 5-star resort near Ponta da Piedade in Lagos. Available in a one-bedroom layout, each apartment is designed to the highest standards of comfort and quality, fully equipped and furnished to match the resort's five-star standard. In addition to enjoying all the resort's amenities, owners can relish the tranquility of an exclusive environment and benefit from special discounts throughout the resort, including restaurants and bars, spa and more. This is an excellent opportunity for those seeking a solid return on investment with flexible letting options to fit individual needs. The investment also qualifies for Portugal's Non-Habitual Tax Regime (NHR). Projected Annual Return on Investment (Yield): 1 Bedroom: 2.5% to 4.5%

Features

BalconyBasementBuilt-in kitchenGardenPatioSea/Lake viewSecurity systemSwimming poolTennis courtWaterfrontElevatorBuilt in wardrobeGreen viewGymOpen viewPlaygroundSaunaFurnished

Engel & Völkers Lagos

+351 282 249 517

Your advisor: Vanda Rosado

Property ID: W-02XQO1

Location: Lagos, Faro District

About Lagos, ALGARVE It was from Lagos that Gil Eanes set sail, the navigator who proved that the world did not end at Cabo Bojador, and that the sea was not inhabited by monsters! Historically linked to the sea, the city was originally called Lacobriga. Due to its location and economic importance Lagos became a focal point for the Portuguese Discoveries and was even recognized as the capital of the Kingdom of the Algarve. Maintaining its strong connection to the sea, Lagos boasts the first marina in the Iberian Peninsula to achieve 5 stars. The historic centre is almost all pedestrian, providing a wide range of shops, restaurants, bars and cafés. Lagos benefits from all the factors necessary to enhance an excellent vacation as well as a high quality of life, as it offers the main tourist attractions including the beach, golf, culture, leisure, gastronomy, sports, nature, amongst others. The indisputable quality of life at Lagos has been strengthened by the recognition of one of the most respected reference brands in tourism worldwide, Tripadvisor. The valuation used by this platform, is based on the results obtained from past experiences shared by other tourists worldwide, and is a unique accomplishment that deserves to be emphasized. Lagos benefits from all the factors necessary to enhance an excellent vacation as well as a high quality of life, as it offers the main tourist attractions including the beach, golf, culture, leisure, gastronomy, sports, nature, amongst others. 45 minutes from Faro airport 2:30 hrs drive from Lisbon

Commission details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.