This property is no longer on the market
2 bedroom apartment
Property description & features
- 2 bedrooms
- Total area: 95,05 sqm
- House area: 89,25 sqm
- Air conditioning
- Condition: New
- 2 bathrooms
Currently going through the final stages of renovations,“Vila Branca” is a development run by Agua Hotels Spa & Resorts. They currently have over five developments across Portugal ranging from the north to the south.
This particular development offers self catering apartments with private terraces or balconies, some of which will come with views of the Atlantic Ocean.
Amenities within the resort include two outdoor swimming pools for adults and two outdoor swimming pools for children making it ideal for families of all sizes, these areas and other common spaces have finished being renovated and are ready for immediate use.
Currently under renovation, all apartments will enjoy a brand new, modern interior equipped with air-conditioning/heating, satellite TV, a spacious living room with dining area, a fully fitted kitchen with high quality appliances and private parking.
There are a total of 85 properties - 1 x three bedroom apartment, 24 x two bedroom apartments and 60 x one bed apartments. There is also a two bedroom townhouse available if you are wanting a larger outdoor area.
This development would make a great investment if you are wanting to relocate to the Algarve, purchase a holiday home in the sun or even for rental holidays. Lagos is an extremely popular location with investors wanting to make an additional income through short term rentals as many holidaymakers love all the area has to offer.
It also offers a free shuttle service to Praia de Porto de Mós as well as Lagos city centre, providing both homeowners and tourists easy access to the surrounding areas. Within walking distance you will find several shops, restaurants and bars.
On top of this, if you love history this development is just 1.5km away from the castle in Lagos, Igreja de Santo António, and Ponta da Bandeira Fort.
Lagos is a fantastic town in the Western Algarve that can certainly be enjoyed by all age groups. Although, it is full of historical interest it is also a vibrant town with lots going on - the main square Praça de Gil Eanes is in the middle of town and is the setting for evening entertainment throughout the year - a comical unicyclist, live music or a medieval fair are just some of the events to be enjoyed.
There are several streets leading off Praça de Gil Eanes, with a variety of restaurants and bars to suit all tastes!
Mortgage simulation: Term / Period - 30 years / 360 months
Purchase Price - 262,500€
20% Deposit / Down Payment - 52,500€
Finance Amount - 210,000€
Interest Rate - 1.5%
Monthly Payment - 724.75€
Mortgage simulation: Term / Period - 40 years / 480 months
Purchase Price - 262,500€
20% Deposit / Down Payment - 52,500€
Finance Amount - 210,000€
Interest Rate - 1.5%
Monthly Payment - 582.06€
REF: IDH32635
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*Based on an exchange rate of 1.1947 from GBP to EUR last updated on September 25, 2024
*DISCLAIMER
Property reference IDH32635. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Ideal Homes Portugal - Portugal. Please contact the selling agent directly to obtain any more information.