São Gonçalo de Lagos - Lagos - Apartment - T2 - Faro - For sale - A137

EXCLUSIVE
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  • 2
  • 1
  • 67,4m2
  • 57m2
Ref: A137
Sale price
370 000 €
  • 2
  • 1
  • 67,4m2
  • 57m2
Ref: A137

Two bedroom apartment in Lagos with high yield in holiday rentals

If you are looking for a safe investment with good profitability from day one, this unit in Lagos is a very interesting option

This fantastic property in Lagos presents a unique opportunity for investors: it has a track record of above-average yield in holiday rentals (AL), in a consolidated tourist destination in the Algarve and with demand all year round.

The two-bedroom apartment has been fully renovated with quality materials, including plumbing and electricity, and is sold furnished and equipped with all the necessary accessories to be able to monetize from the moment you are the new owner.

With the new Decree-Law recently approved, as of November 1, 2024 it is again possible to transfer the AL license to another person or company. So, if you purchase this property, you can continue a business with a proven track record that is a guest favorite on Airbnb - with a score above 4.9 (out of 5). It is undoubtedly an investment with guaranteed return and high profitability.

Located in a residential building a five-minute walk from the historic center of Lagos, it has shops and restaurants right on the doorstep, so it is very convenient for those visiting the city.

The entire interior area was designed to convey comfort and well-being. The rooms have air conditioning, the window frames have thermal and acoustic cuts and electric shutters were installed in the bedrooms and living room. The kitchen is fully equipped with oven, hob and extractor fan, microwave, fridge freezer, washing machine, dishwasher and a 200 litre water boiler.

The bathroom has a walk-in shower area for added convenience. The apartment is prepared to accommodate four guests: one bedroom with a double bed and one bedroom with two single beds. The balcony with sea view is another of the highlights of this property.

At the top of the building there is a communal terrace, with areas designated for each fraction, where you can take the opportunity to create an additional outdoor area with tables and chairs, from where guests can enjoy the fantastic view of the city and the sea.

Property Features

  • TV
  • Washing machine
  • Dishwashing machine
  • Refrigerator
  • Microwave
  • Air conditioning
  • Equipped kitchen
  • Thermoaccumulator
  • Kitchen: Hob, Oven, Microwave, Dishwasher, Washing machine, Exhaust, Water heater, Combined
  • Proximity: Hospital, Pharmacy, Public Transport, Schools, Playground, Restaurants, City, Shopping
  • Furnished
  • Built year: 1970
  • Views: City view, Sea views
  • Double glazing
  • Electric shutters
  • Central location
  • Thermal acoustic window frames
  • Energetic certification: F
  • Solar orientation: East, West
  • Balcony
  • Rental licence
  • Energy Certificate

Location