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Condo For Sale

Picture of Condo For Sale in Lagoa, Algarve, Portugal

€425,000

Lagoa, Algarve, Portugal

2bd 2ba 95 sqm

Listed By: Investgo Llc

Listed On: 03/17/2024

Listing ID: GL11074735

Description

The development is located on the Costa Dorada in the vicinity of magnificent amazing beaches such as Praia do Carvoeiro, Vale de Centianes, Benagil, Praia do Carvalho and the well-known Praia da Marinha, all at your feet.With modern, bright and pleasant design, this apartment has a total area of 111m2, and consists of:- Spacious living room;- Fully equipped kitchen;- 2 bedrooms;- 2 bathrooms;- 2 balconies.The resort guarantees privacy in its territory 24 hours a day.All tenants have access to heated communal pool, gardens, parks, parking and hotel and rental management service.Designed in a contemporary style in harmony with the surrounding nature and its natural beauty. Inside, a luxurious and unique design, carefully thought out to meet your needs.Functionality, high technology and quality, come together to provide maximum comfort and well-being.The owners of apartments in the Resort can manage them in the following ways: they can use them as their own housing, summer residence or as an investment for passive income.In the event that property owners choose the investment route, the leases will be managed by hotel management, so that apartment owners can get the most out of it and benefits, although it is not used personally.An annual yield of 3.5% is expected in the first 2 years.Privileges for owners:- 20% discount for Green fees in Vale do Minho Village Golf Club;- 20% discount for Court rental fees in Carvoeiro Tennis Club;- 20% discount for Gym in Carvoeiro Tennis Club.Inside the development there is private parkingThe apartments are sold with furniture and all equipment included.The forecast for the end of construction of the project is for the end of 2024 and the first quarter of 2025.It is located only at:- 450 m to supermarkets;- 1 km from Algar Seco;- 1.3 km from the beaches;- 1.3 km from pharmacies;- 1.8 km from Vale do Minho Village Golf Club;- 3 km from Carvoeiro Tennis Club.