Townhouse 8 rooms 132 m² Lagos, Portugal

Lagos, Portugal, Lagos, Sao Goncalo de Lagos
Archive cost €439,000
Sold or out of date
Updated at: 28/10/2021

Location

Country: Portugal
State: Algarve
Region: Faro
City: Lagos

Building parameters

The year of construction: 1959
Rooms: 8
Bathrooms: 4
Total area: 132 m²
Land area: 148 m²

Description

This townhouse for sale in the center of Barão de São João is located in a typical Portuguese village and is currently being run as a hostel. This property has been completely renovated and consists of 8 rooms spread over 2 floors. On the ground floor there is a large lounge with access to the kitchen area, a fantastic bar with a dining area, 3 bedrooms , 2 bathrooms and a small patio with a BBQ area. On the second floor there are 2 separate areas, in the first area you will find 3 bedrooms. In the second area you will find 2 bedrooms, 2 bathrooms, a second kitchen and a small office. This hostel is fully operational and is in an ideal location with only a 5 minute drive from Lagos and 20 minutes from Portimão. This is a great opportunity to invest in a business opportunity in the Algarve. Bensafrim is a typically small village situated in the countryside, it has local amenities such as snack-bars, restaurants and mini-markets for its residents and for anyone wanting to head into Lagos city centre, it is just a fifteen minute drive away and Faro airport is only sixty minutes away. Mortgage Simulation: Duration / Period: 30 years / 360 months Purchase Price: 439,000 Deposit /Down Payment: 87,800 Finance: 351,200 Interest Rate: 0.9% Monthly Payment: 1,113.54 Mortgage Simulation: Duration / Period: 40 years / 480 months Purchase Price: 439,000 Deposit /Down Payment: 87,800 Finance: 351,200 Interest Rate: 0.9% Monthly Payment: 871.52

Features

  • Furnitured
  • Air conditioner
  • City Center
  • Energy certificate
  • Central heating

Location

Lagos, Portugal, Lagos, Sao Goncalo de Lagos