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Apartment – Lagos, Faro, Portugal

259,000 €
1,850 € /m²
  • Total area
    140 m²
  • Land area
    140 m²
  • Bedrooms
    3
  • Bathrooms
    2
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Features
  • Total rooms: 4
  • Balcony or terrace
  • Furnished
  • Car parks
  • Mountain view

*** online sale — recently reduced from 265,000€ *** a lovely three bedroom apartment situated just minutes away from the centre of lagos and its beautiful marina full of bars, restaurants and other amenities. this property is ideal as a place to relocate, to take holidays or would make an ideal investment for capitalising on the popularity of lagos with holiday makers. tastefully decorated and furnished, the apartment has three double bedrooms, one of which has an en-suite. it is close to everything that lagos has to offer but also has two balconies and beautiful views of the monchique mountains meaning that you have somewhere to escape to at the end of a busy day of exploring the area. there is also a barbecue meaning that you can easily cook outdoors whenever the weather allows, which is often! also offering a video intercom system, solar water heating, central vacuum, electric shutters, pre-installation for air conditioning and double-glazed doors and windows, the apartment has all of the mod-cons that you could possibly need to be comfortable and secure. further benefits include two lifts, a lock up garage, a holographic fireplace that has an electric convector to generate heat and a parking space. 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. the centre of town is home to many historic landmarks, including the 18th century church of st. antonio, castle walls and the castelo dos governadores, one of the town’s oldest features.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other apartments for sale in Portugal.

You can see more apartments for sale in Lagos elsewhere on our website.

Statistics in Lagos

Price per m², €
1,875
Real estate Price, €
Apartment in the city centre, m² 1,875.0
Apartment in a bedroom community, m² 1,422.8
Transport Price, €
Public transport, 1 ride 1.75
Monthly travel card 25.0
Taxi, 1 km 0.5
Petrol, 1 l 1.5
Food Price, €
Water, 1.5 l 0.49
Milk, 1 l 0.66
White bread, 500 g 0.93
Eggs, a dozen 1.63
Chicken fillet, 1 kg 5.67
Education Price, €
Kindergarten, per month 400.0
International school, per year 8,962.5

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics
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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

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      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

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