Apartment for sale in Lagos
A two bedroom apartment for sale in Porto de Mós on the Vila Branca resort, located just a short twelve minute walk away from the local beach.
Currently going through the final stages of renovations,Vila Branca is a development run by Agua Hotels Spa & Resorts. They currently have over five developments across Portugal ranging from the north to the south.
This particular development offers self catering apartments with private terraces or balconies, some of which will come with views of the Atlantic Ocean.
Amenities within the resort include two outdoor swimming pools for adults and two outdoor swimming pools for children making it ideal for families of all sizes, these areas and other common spaces have finished being renovated and are ready for immediate use.
Currently under renovation, all apartments will enjoy a brand new, modern interior equipped with air-conditioning/heating, satellite TV, a spacious living room with dining area, a fully fitted kitchen with high quality appliances and private parking.
There are a total of 85 properties – 1 x three bedroom apartment, 24 x two bedroom apartments and 60 x one bed apartments. There is also a two bedroom townhouse available if you are wanting a larger outdoor area.
This development would make a great investment if you are wanting to relocate to the Algarve, purchase a holiday home in the sun or even for rental holidays. Lagos is an extremely popular location with investors wanting to make an additional income through short term rentals as many holidaymakers love all the area has to offer.
It also offers a free shuttle service to Praia de Porto de Mós as well as Lagos city centre, providing both homeowners and tourists easy access to the surrounding areas. Within walking distance you will find several shops, restaurants and bars.
On top of this, if you love history this development is just 1.5km away from the castle in Lagos, Igreja de Santo António, and Ponta da Bandeira Fort.
Lagos is a fantastic town in the Western Algarve that can certainly be enjoyed by all age groups. Although, it is full of historical interest 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!
Mortgage simulation: Term / Period – 30 years / 360 months
Purchase Price – 262,500
20% Deposit / Down Payment – 52,500
Finance Amount – 210,000
Interest Rate – 1.5%
Monthly Payment – 724.75
Mortgage simulation: Term / Period – 40 years / 480 months
Purchase Price – 262,500
20% Deposit / Down Payment – 52,500
Finance Amount – 210,000
Interest Rate – 1.5%
Monthly Payment – 582.06
Features
Air conditioning
Close to the beach