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Villa – Lagos, Faro, Portugal
- Total area677 m²
- Land area677 m²
- Bathrooms5
A spacious three bedroom villa for sale in Lagos, situated within walking of everything this lovely town has to offer including award winning beaches, shops and the stunning marina with a variety of bars and restaurants. This villa would be an ideal investment for someone looking to relocate, holiday or have a lucrative rental property in the Algarve as Lagos is an extremely popular destination for holidaymakers. This villa offers generous areas both internally and externally with an excellent sun exposure, basement, garden and garage for two cars. As this villa is equipped with a complete bathroom, there even is the possibility of making a one bedroom villa on the ground floor. Furthermore, the ground floor has an entrance hall, a bedroom with an en-suite bathroom, a service bathroom, a large open plan kitchen and dining room, a very spacious and bright living room with a fireplace, an office and a laundry room. Outside you can find a BBQ area, as well as a wood oven, which is a great feature for entertaining family and friends. Upstairs comprises three large bedrooms all offering terraces, and two bathrooms as well as a studio. At the very top of the house, you can find a large roof terrace with lovely surrounding views, as well as distant sea views. A great spot to sit back and enjoy the algarvian sunshine. The garden is a good size, where there is the possibility to build a swimming pool, for which the project has already been approved. Being in such a good and excellent condition offering numerous possibilities, this villa for sale would make the perfect investment for you. Lagos is a fantastic town in the Western Algarve that can certainly be enjoyed by all age groups. Lagos is full of historical interest, but it is also a vibrant town with lots going on — the main square Praça de Gil Eanes is in the middle of town and is the setting for evening entertainment throughout the year — a comical unicyclist, live music or a medieval fair are just some of the events to be enjoyed. There are several streets leading off Praça de Gil Eanes, with a variety of restaurants and bars to suit all tastes! Rental Simulation P/Week: Spring (01 April — 31 May) — € 1,600 Early Summer (01 – 30 June) — € 1,800 Summer (01 July — 15 September) — € 2,400 Late Summer (16 – 30 September) — € 1,800 Autumn (01 – 31 October) — € 1,600 Winter (01 Nov — 31 March) — € 1,100 Mortgage simulation: Purchase Price — 690,000€ Purchase Price — 690,000€ Deposit/ Down Payment — 138,000€ (20%) Deposit/ Down Payment — 138,000€ (20%) Finance Amount — 552,000€ Finance Amount — 552,000€ Interest Rate — 0.873% Interest Rate — 0.873% Term/ Period — 30 years/ 360 months Term/ Period — 40 years/ 480 months Monthly Payments — 1743.43€
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