Top investment opportunities in Western Algarve

If you are looking for a sound investment in the Algarve, why not look to the west? Lagos is becoming one of the top holiday destinations, not only in the region, but also in Europe. Investing in Lagos means you will own property in one of the prettiest areas in the region, with a lack of hotel rooms to compete with. Read on to find out where the best investment opportunities lie in Western Algarve.

Old world charm and award winning beaches

The lovely historical town set in castle walls makes this town a bit different from the rest, adding a bit of old world charm to the new developments cropping up. There is no lack of landmarks and sights to see in this town including churches, centuries old forts and also the Lagos castle. Museums also dot this quaint town. 

There is a wealth of amazing beaches along the coastline of Lagos, including the award winning Dona Ana beach. Ponta da Piedade is home to some of the most beautiful caves and rock formations, and Meia Praia is one of the longest stretches of golden sand on the area

A lack of large hotels

One of the great things about investing in Lagos is the lack of competition. With a handful of hotels, there are not enough rooms to accommodate the growing influx of tourists seeking a stay in this lovely historical town.

Owning rental property in Lagos guarantees you great rental income. Also, the fact that Lagos is “open all year round”, as opposed to other areas of the Algarve that tend to close down bars and restaurants, means that property in this area is rentable throughout the year. 

Great investment opportunities in Lagos

Adega

Located just a couple of minutes walk from the Lagos Marina, historical center and beaches, 

Adega offers many of the comforts of home, and then some. With top quality build and facilities such as indoor and outdoor pool, spa and gymnasium, underground parking and storage, you can count on great readability even in the winter months.

With two, three and four bedroom apartments starting at 345,000€, you can count on a great investment at a low rate. 

Dona Maria II Residences

The flagship build of Lagos and the last waterfront property in the area, offers you the chance to own an apartment in one of the most luxurious builds Lagos has seen to date! Just across from the water, Dona Maria II Residences is centrally located, which means you can get around to restaurants, bars, beaches and shops without a car.

Luxurious finishes throughout the development means you have access to indoor an outdoor pool, underground parking and garage, spa and gym, as well as a whopping 16 rooftop jacuzzis!

You can purchase your one bedroom, two bedroom, three bedroom or 4 bedroom apartment starting at 395,000€

Santa Maria I and Santa Maria II

Up on top of a hill, Santa Maria I gives you the opportunity to own a luxurious condo close to the heart of Lagos. Very central and walkable, you can expect great rental income from owning property here. All apartments come with fully equipped kitchens, large balconies and state of the art domotics system.

Santa Maria I offers two and three bedroom apartments starting at 340,000€. And in Santa Maria II, ground floor one bedroom apartments start at 240,000€

Financing has never been better in Portugal!

With interest rates lower than ever, you can got through a simple process that can get you up to 80% financing with interest rates as low as 1%. What´s stopping you?

Contact us today at info@idealhomesportugal.com or call us at 00351 289 513 434 for your chance to dive into the ever growing real estate investment market!

Sandy Barreiros, Real Estate Advisor for Ideal Homes

sandy@idealhomesinternational.com