Lagos Beach Resort Spa, Lagos, Portugal

Lagos, Lagos, Faro, Portugal

Property ID: 36264156

Summary Data

Price £112,924
Price Type
Plot Size
Building Size
Sector Commercial
Type Hotel Property
Tenure
Completion

Location Map

Property Description

Enjoy the best of both worlds with this stunning resort on Portugal's Algarve coast, which offers gorgeous beaches, guaranteed rental income and 2 weeks of personal use every year.

 

Lagos Beach & Spa Resort is a new development situated opposite the Dona Ana Beach and comprises 279 studio apartments to be used as holiday homes and/or rental investment suites. Located on one of the most beautiful beaches in Portugal, with all front facing suites having stunning sea views from all floors, the development will operate as a 4-star facility providing a unique investment opportunity.

 

Suites will be professionally decorated and fully furnished to a modern standard. Included will be a bathroom with premium fixtures, as well as air-conditioning/heat, 49” flat-screen TV, mini fridge, tea and coffee facilities. Also, access to rooftop and ground restaurants, executive lounge, health club, spa circuit, rooftop and ground pools, a zen garden, event rooms with catering service, kids club and parking lot, managed by the hotel.

 

This property provides an excellent location to vacation, but buyers can also expect a guaranteed return of 7% per year on purchase price, with up to 10% income possible when occupancy rates are high.

 

With hands-off returns and a buyback option after 5 years for 100% of the purchase price, this prime Portuguese opportunity is ideal for Golden Visa purchasers, subject to a minimum investent of €350,000. Individual units start from €129,000.

In the Area

  • Beach & Coast
  • Thermal Spa

On Site AMENITIES

  • Fully Managed
  • Management
  • Parking
  • Swimming Pool

Building Style

Property Features

FITTINGS & FURNISHINGS

  • Air Conditioning
  • Fridge
  • Television