Bright duplex with spacious terraces just minutes from Meia Praia

For Sale

Lagos

Selling price

399 000,00 €

Property

Apartment

State

Good Condition

Surface

134 m²

Furniture

Furnished

Overview

Just a 10-minute walk from the beautiful Meia Praia beach and less than a 10-minute walk from Lagos Marina, this T1+1 duplex enjoys a prime location close to the historic centre, shops, services and schools, while also benefiting from an excellent south-facing orientation and particularly interesting potential. Arranged over two levels, the property currently offers two independent living spaces, providing a highly flexible layout. The two floors can be reconnected to restore the property to its original duplex configuration, offering several possibilities depending on the future owner’s plans. Exceptionally bright thanks to its south-facing orientation, the duplex offers generous outdoor spaces, including two large terraces and two balconies. The condominium also features a communal swimming pool, ideal for making the most of the Algarve climate. The property is currently occupied under long-term tenancy agreements, with one living space on each floor. This configuration may represent an interesting opportunity for a buyer looking for an investment, while retaining the possibility of reconnecting the two levels in the future and using the property as a single home. Thanks to its flexible layout and, above all, its sought-after location, this property is suitable for a variety of purposes: a real estate investment, a second home in the Algarve or a permanent residence close to the sea and the centre of Lagos. A versatile property in one of Lagos’ most sought-after areas, combining proximity to the beach and Marina, south-facing orientation, generous outdoor spaces and a communal swimming pool. An opportunity not to be missed in Meia Praia.

Details

Explore the comprehensive specifications of this property. From its spacious layout to the finest features, every detail has bee carefully designed to meet your needs. Find precise measurements, room breakdowns, and annual fees to help you make an informed decision.

Measurements

Building Footprint134 m²

Gross Internal Area (GIA)134 m²

Nb Rooms

Bedrooms2

Bathrooms2

Kitchens2

Living Rooms2

Fees and Taxes

Annual Council Tax483€ / Year

Annual Service Charge987€ / Year

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Energetic Performance

This property offers transparent energy details ensuring sustainability and efficiency.

Energy Performance Certificate (EPC)

A+

B-

Amenities & Utilities

Discover everything this property offers to enhance your living experience.

Balcony

Built-In Cabinets

Fully Equipped Kitchen

Terrace

Storage

Located at: Lagos

Lagos is a vibrant coastal town in the Algarve, known for its stunning beaches, dramatic cliffs, and rich maritime history. Its charming old town boasts cobbled streets, lively squares, and excellent restaurants. With a perfect blend of culture, nightlife, and outdoor activities like boat tours and surfing, Lagos appeals to all travellers. Whether you seek relaxation or adventure, this picturesque town offers an unforgettable Algarve experience.

Investment Financial Potential

Capital Growth Potential

Properties in this area show a consistent history of appreciating in value over time.

10,00%30,00%

Average: 20% over 10 years

Rental Yield Potential

Rental properties in this area typically provide owners with a steady monthly return on investment.

10,00%32,00%

Average: 21% over 10 years

This data is based on historical performance and should be considered indicative. Actual returns may vary depending on local market trends, economic developments, and future infrastructure projects.

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Location

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Interested in this Algarve property and want to know more? Connect with us today for expert guidance tailored to foreign investors. Whether you're looking to book a viewing, understand the investment potential, or have specific questions, our agent is here to provide personalizsed advice and help you make informed decisions.