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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.
In the last four months over 20 units have been sold in Adega, the brand new development overlooking the marina. With ONLY 6 UNITS LEFT, apartments are selling fast!
Offering unique views on Lagos' Bay and just a short walk from the award winning marina, these apartments provide the perfect investment opportunity where you can make more than 20% ROI in just five years and they qualify for Portugal's Golden Visa making it a win-win.
Situated in the western Algarve, Lagos is best know for its iconic beaches and sandy coves of Praia Dona Ana and Praia do Camilo.
Recognised as one of the best places to holiday in the Algarve, Lagos is a fantastic investment location as holidaymakers flock to the city every year with 2021 expected to be a sell-out summer.
If you're not looking to obtain Portugal's Golden Visa, Ideal Homes has an in-house mortgage broker who can assist with getting the necessary financing. For a three bedroom apartment at 420,000€, you could be looking at the below:
3 Bedroom Apartment* Property Value - 420,000€ 20% Down Payment - 84,000€ Principal - 336,000€ Interest - 1.1% Payment p/month - 865.57€
We also have our own property management and holiday rentals department that will be able to manage your property while you are not here and generate you an income through short term stays at the same time.
3 Bedroom Apartment - Prices Start From** Spring (01 April - 31 May) - €1000 p/week Early Summer (01 - 30 June) - €1350 p/week Summer (01 July - 15 Sept) - €1800 p/week Late Summer (15 Sept - 30 Sept) - €1350 p/week Autumn (01 Oct - 31 Oct) - €1200 p/week Winter (01 Nov - 31 March) - €900 p/week
*Financing options can vary on individual circumstances, it is always recommended to speak to a broker to see what options you have available.
**Figures are based on properties in nearby geographical areas and may vary depending on exact location, number of guests, quality of final fixtures and furnishings.
Check out the video below for more information on how you can make more than 20% ROI in just five years.
To see all the information on this property, simply click the blue button below or send us an email on info@idealhomesinternational.com. You can also speak directly to one our agents by calling +351 289 513 434 or 0800 133 7644.
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