Lagos, Algarve

Price €169,000

1 Bedroom Apartment For Sale in Lagos, Algarve

1 1
Lagos Beach Resort & SPA occupies a prime position at the picturesque Dona Ana Beach in Lagos, elected as one of the best beaches in Portugal.

The four-Star hotel will start re-construction in early 2020, and will be managed by a leader in the hotel industry, the Sheraton. The resort will offer luxurious common areas including a Rooftop Restaurant & Pool, Restaurant with Executive Lounge, Spa Experience, Health Club, Event Rooms with catering facilities, Kid’s Club, Zen Garden and Car Parking.

The hotel rooms will be totally furnished, and equipped with air-conditioning, flat-screen televisions, and a fridge. The rooms will have a private balcony and fantastic sea views.
And all 279 rooms are available for independent freehold ownership with superb conditions for investment as follows:

• Guaranteed annual yield of 7%, and up to 10% depending on the occupancy rate
• Optional buyback
• No condominium and maintenance costs for 30 years
• 14 days of annual usage
• Eligible for Golden Visa providing a minimum investment of €358,000

The Hotel’s construction is planned for 2020, with the work to be concluded by close of 2021.
All in all, this project is ideal for investors. It will offer one of the highest return with minimum risks!

Property Features

  • Air Conditioning
  • Roof Terrace
  • SPA
  • Swimming Pool: Shared
  • Gymnasium
  • Walking distance to amenities
  • Walking distance to the beach
  • Double Glazing

Sorry! There are no available floor plans for this property.
Sorry! An EPC is not available for this property.

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Ref: 22084_BPA2895

Fine & Country West Algarve

Rua do Barranco 62
Praia do Carvoeiro
8400-508
Lagoa
Portugal

T: +351 282 354 140
E: algarve@fineandcountry.com

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