Apartment 32 m² Lagos, Portugal

Portugal, Lagos, Sao Goncalo de Lagos
€229,000
€7,156/m²
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Location

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

Property characteristics

Apartment parameters

  • Price per m²
    Price per m²
    €7,156/m²
  • Total area
    Total area
    32 m²

Interior details

Cooling:

  • Air conditioner

Interior Features:

  • Household appliances
  • Balcony

Exterior details

Exterior features:

  • Landscape design
  • Swimming pool
  • Gym

View:

  • Sea view
  • Panoramic view

Location

  • Close to the supermarket
  • First Coastline

Description

A profitable project in the Algarve & nbsp; & nbsp; Lagos Beach Hotel & amp; SPA is located & nbsp; in the elite resort area of Praia de Dona Ana, on the first line, meters from the ocean and the most beautiful beach.It is managed by the largest hotel group in the world (Marriott International Group) under the brand name Four Points by Sheraton, the opening is scheduled for the summer of 2022.This is a restructuring of the pre-existing Hotel Golfinho, so it falls under the & laquo; Golden Visa & raquo program; for 350,000 & euro; A little more than 40 apartments remained on sale at a price of 209 to 239 thousand. To get the Golden Visa 350, you can buy more than one, as this is also a rehabilitation job. That is, the investment threshold is here - & euro; 350,000.& nbsp; A huge advantage is that the investor receives 3% per year during work.& nbsp; And immediately after the start of operation, the guaranteed income will be from 7 to 10% per year, depending on the occupancy rate of the hotel.In high occupancy rates here it is in this location that you can believe. This is one of the most beautiful places in the whole country, very picturesque shores of the ocean, grottoes, rocks, golden beaches, caves, it is here that the center of sports activity of the south of the country.INVESTMENT CONDITIONS A hotel management program with the brand FOUR POINTS BY SHERATON & bull; Apartments without burdens and fees & bull; Guaranteed minimum yield from 7% per year to 10% per year.& bull; Reverse buyback & bull; Lack of condominium and maintenance costs in the first 30 years & bull; 14 nights of vacation per year included.& nbsp ;
Updated at: 02/11/2024

Location on the map

Portugal, Lagos, Sao Goncalo de Lagos

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