7 Unbelievable Reasons to Invest in Lagos!

About

Read about the real estate market in the Algarve, Lisbon and Portugal. As the leading estate agents on the Algarve and in Portugal we can help you find property for sale in Portugal and find a mortgage.

7 Unbelievable Reasons to Invest in Lagos!

January 22, 2019

A new development situated opposite the Dona Ana Beach will offer 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 offering stunning sea views from all floors.

Operating as a quality 4* facility providing a unique investment opportunity and is ideal for Golden Visa purchasers.

Suites start from as low as 149,000€ and will be professionally decorated and fully furnished to a modern standard. The resort will offer rooftop and ground restaurants, an 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.

7 UNBELIEVABLE reasons to invest in Lagos Beach Resort & Spa:

Designed to reduce the investors risk and support high returns. Individual units will be offered freehold with a guaranteed yield of 7% and the possibility to achieve 10% in accordance with the resort's occupancy rate.
Investors will have a bank guarantee from a Portuguese Bank and the development company granting an optional buyback after five years of activity for 100% of the price.
Property and rentals management services are included in the purchase package and taken care of by the development group on behalf of the investor.
Investors will benefit from free condominium and maintenance services costs in the first fifteen years of ownership
Owners will have 14 Days for personal use.
IMI Taxes, (Aprox. €300/yearly) per unit, paid by owner
High rental yield 365 days a year.

Lagos, one of the most attractive and historically important towns on the Algarve, is over 2000 years old. Within imposing 14th century walls, the centre is a maze of winding cobbled streets that are home to over 350 bars and restaurants.

The two main squares are a hub of activity, especially during the summer months when street performers and local musicians are on hand to entertain, making it a lovely spot to sit and watch the world go by.

Lagos was classified as the number 1 travel destination on TripAdvisor with many holidaymakers flocking to the city to enjoy some of the world's best beaches in a place that offers over 300 days of sunshine per year.

For your free brochure get in touch with us today!

About