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Algarve Apartment for sale
Lagos Praia da Luz | Ref: 5067
Bedrooms:  3
Year:  2008
House Area:  125 m2
Price:  340,000.00 | £303 571
Excellent townhouse in an Holiday Resort with pool
Charming newly refurbished and fully furnished and equipped townhouse-style, (duplex apartment), in a prime location. Set in Baía da Luz, a Holiday Resort located within the village of Praia da Luz, less than 150 metres away from the picturesque beach of Praia da Luz and to all local amenities; and just about 10 driving minutes away of the historic Lagos town in the Western Algarve. The Resort leisure facilities are set amongst idyllic landscaped gardens and includes: • 2 large swimming pools, one being adults only (heated) • Children's pool and playground area • Restaurant • Pool side snack bar • Two tennis courts The property comprises of three floors, it was converted into two independent living units: ON THE GROUND FLOOR with: Fully self-contained area that comprises of open plan living room and fitted kitchen, leading to a good sized balcony and having a second entrance door that leads directly to the outside. 1 bedroom with balcony and 1 bathroom. This floor level has direct access to the pool area. ON THE 1st FLOOR with: A second self-contained area comprising of open plan living room and fitted kitchen, good size balcony. 1 bedroom and 1 bathroom. This floor level leads to the upper floor to an attic that was converted into a second bedroom. This property offers high quality specifications with modern fixtures and fittings, including: • underfloor heating • air conditioning in all rooms • electric shutter system • double glazed windows • fully equipped kitchens fitted with Siemens appliances (oven, hob, extractor hood, washing machine, dish washer, combi fridge) • white 'Roca' sanitary ware in the bathrooms • and a central vacuum system This property is as new, including unique furniture with modern design. It is an excellent opportunity to purchase a “lock up and leave” holiday retreat in one of the Western Algarve’s most favoured destinations and also offers an excellent investment opportunity. Ideal for buy-to-let investors. INFO: - Monthly condominium fees including all facilities: 340 Euros - Yearly Council Tax approx. 577 Euros

PORTUGALPROPERTYINTERNATIONAL

How to Choose the Right Portugal Real Estate for You

Portugal Real Estate has been attracting investors from different parts of Europe. Portugal is not only a perfect place for those looking to live close to nature, but also for those who are seeking for opportunities to grow their trade. However, a major decision like this needs to be deliberated thoroughly. Your investment can turn into a burden if the property will not prove right for you.

Why Buy a Property in Portugal

Portugal is a region in the southernmost part of Europe. For example the Algarve, it is not just any region, but the third richest in the country. About 10 million tourists spend their vacation in Algarve each year. The town of Lagos in particular, are popular for its gorgeous beaches, verdant pastures, and spectacular historical sites.

The climate is mild, with infrequent rains during the period from December to March. Summer is when all the fun begins, with most holiday-makers spending their time by the shore. Restaurants are in every corner, serving a wide range of delectable cuisines and wines. Luxury golf courses, nightlife, shopping centres, and supermarkets surround the residential areas.

Factors to Consider When Buying Portugal Real Estate

Portugal Property for sale are not limited to homes, villas, and apartments. There is an Algarve Real Estate for any budget and specification. To find the right property to buy, it will help to consider the factors below.

  • Security. Portugal is an economically stable country. There are instances of inflation, but the real estate industry remains strong. This may attribute to minimal crime rates and low cost of living. Jobs are offered from different sectors—tourism, fishing and aquaculture, manufacturing, etc. A significant portion of the population is content at working from home. Whether you are looking for a property to turn into rented accommodations, to resell for a higher price, or to make your home, you will never go wrong with Portugal Property for sale.
  • Budget. Portugal Real Estate prices are lower compared to real estate prices in other European territories. But before you look for a specific property to buy, you need to set your price range first. It can be easy to get persuaded by sales talk from a Real Estate Agent. A little more than your target price will not hurt, but once you go beyond your price range, you may not know when to stop. Stick to your budget to avoid the risks of a financial trouble.

 

Specifications. Determine the specifications of the Property you want to buy. Look ahead in the future, and decide what you will use the Property for. The number of rooms you need, the size of the kitchen, or the style of the house should be planned well. Portugal Real Estate websites can help you find the Property that fits your description. You can also use a Real Estate Agent if you are not comfortable about finding a Property on your own. Nevertheless, you should check for his or her background first.










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