Lagos Algarve (Off Market)

For Sale, EUR 2,450,000


, Lagos Algarve,

Property Type : Single Family Home

Property Style : N/A

Build Size : 2,572 ft² / 239 m²

Land Size : N/A

Bedroom : 3

Bathroom : 4

Half Bathroom : 0

MLS#: N/A


Property Description

Plots 5 , 6 and 7Build size from 239,30 m2- 240 m2Plot 5 is under construction.Key in hand "turnkey" is the sum of Plot + ConstructionHere is your fantastic opportunity to acquire exceptional architecture and design in one of Portugal's premier destinations. These houses boast a remarkable return on investment, an impressive rental yield, and enhance convenience with luxury.Discover this fresh development within an exclusive community featuring nine distinct plots meticulously crafted by the same esteemed firm. Each residence embodies a unique aesthetic, promising a captivating visual journey. These plots are all situated on a scenic hill overlooking the ocean, which makes each home provide inspiring sea views.Convenience and luxury define these properties, each boasting an underground garage equipped with elevators that ascend from ground level and make you experience a true James Bond moment every time you enter or exit your garage.With their prime location and competitive pricing, these properties promise lucrative returns with high rental occupancy rates. 5 minutes from the historic town of LagosPrice increase7.7% - March 20234.3% - December 2023Rental yield is between 5% and 7%. The average annual rental occupancy is 63% (short-term)Rental season starts around Easter, continues until the end of October, and peaks during the summer. Enjoy the peaceful winter sun and have the great option of renting out the rest of the year. Or enjoy for yourself all year around this beautiful architecture and surroundings.Additionally, we provide comprehensive property management services to facilitate effortless renting when you're away, ensuring a hassle-free income stream.Get in touch with us if you need more information.
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Lagos Algarve, Portugal,Lagos is a 2,572ft² Lagos luxury Single Family Home listed for sale EUR 2,450,000. This high end Lagos Single Family Home is comprised of 3 bedrooms and 4 baths. Find more luxury properties in Lagos or search for luxury properties for sale in Lagos.