Apartment in Lagos

Algarve, Portugal

€950,000

3 3
Property description

A brand new three bedroom apartment for sale in Lagos, situated on a brand new development - Dona Maria II Residences.

Located within walking distance from an award winning beach, stunning marina and the historical centre of Lagos, these apartments are in the perfect location in the Algarve.

Comprising two and three bedroom apartments, Dona Maria II Residences will offer spectacular south facing, panoramic views of the Atlantic Ocean and marina.

Fixtures and finishings will be of the highest quality on the market and mod cons will include state of the art technology, underfloor heating, central air-conditioning/heating, Hi-Fi system, fully fitted kitchen with premium Bosch appliances, a central vacuum system and an open plan living room and dining area.

In addition to this, Dona Maria II Residences offers luxury on-site amenities such as a heated indoor swimming pool, a large outdoor swimming pool, a sauna, Jacuzzi, gym with the latest equipment, a large rooftop terrace and an underground garage for private parking where you will also have individual storage rooms.

This particular apartment is made up of a 146,50m2 living area and 48,60m2 terrace making a total of 195,10m2.

If youre looking to make an investment in property in Portugal, this development is in a prime location, not only is it within walking distance to the beach and marina, but it is also in a city recognised as a top holiday destination in Europe. Lagos.

This would ensure a high return on investment and capital appreciation down the line.

For more information, a breakdown of projected rental income or to reserve your unit, get in touch with the team today!

Mortgage Simulation:

Purchase Price - 950 000
Deposit (20%) - 190 000
Finance amount - 760 000
Interest Rate - 1,1%
Term (Duration) - 40 years
Monthly Payments - 1 957,84

Rental Simulation
Spring (01 April - 31 May - 1,500.00
Early Summer (01 - 30 June) - 1,950.00
Summer (01 July - 15 September) - 2,500.00
Late Summer (15 - 30 September) - 1,950.00
Autumn (01 - 31 October) - 1,500.00
Winter (01 Nov - 31 March) - 1,200.00

Property Details

Reference IDH32265
Town Lagos
Province Algarve
Country Portugal

Location
Property Type apartment
Built Area 146.50m²
Plot Area 195,1m²
Property Features
Central location
Terrace
Energy Certificate: A+

This property is listed by:

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