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Algarve, Lagos, Portugal

£252,840
€300,000
Mimosa Properties, Lagos
PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

883 sq ft

82 sq m

Key features

  • Near the beach
  • Near city center
  • Near green areas
  • Bedrooms: 2
  • Near school
  • Near public transportation

Description

2 bedroom flat with 82 m² and balcony, located on the 1st floor of a small building, consisting of only three fractions (one per floor). The building is in excellent condition, having benefited from recent exterior painting and an intervention in the common parts, including the renovation of the electricity, water supply and telecommunications networks.

FEATURES
Apartments
- T2 with 82 m² of private gross area
- Located on the 1st floor
- Enclosed balcony (Canopies)
- Plant with potential for integral refurbishment
- Possibility of reorganising spaces to a modern and functional concept
- Large areas, above average for the typology
- Excellent upside potential after renewal
Building
- Small building with only 3 units (one per floor)
- Recently realised exterior painting
- Redesigned common parts
- Renewed electricity, water and telecommunications networks
- Good privacy and small number of condominium owners

SURROUNDINGS
- Prime location in central Lagos
- 2 minutes from Intercity Bus Station
- 2 minutes from Lagos City Hall
- Beaches accessible on foot
- Supermarkets and local shops in immediate proximity
- Restaurants, cafes, and everyday services within walking distance
- Area with high residential and tourist demand throughout the year

STRENGTHS
- Strong upside potential
- Ideal for own housing or investment
- High demand for long-term rentals
- Inserted in one of the most dynamic real estate markets in the Algarve
- Excellent relationship between location, area and profitability potential
- Possibility of completely refurbished delivery: 350,000 €

Contact us for more information or to schedule your visit.
Energy Rating: E
#ref:VA933

Algarve, Lagos, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    40.0 miles

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About Mimosa Properties, Lagos

For 20 years based in Lagos, MimosaProperties has been active in the areas of buying, selling, renting, and property management. By focusing on quality and precision, combined with our experience and knowledge, we offer an exclusive real estate mediation service in the Western Algarve region.

We are an agency managed by a multilingual team, specialized in property sales and acquisitions, with deep knowledge of the local market. Our methodology is based on personalized service, ensuring our clients a completely transparent and professional experience.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Mimosa Properties, Lagos (reference 291452_26692874) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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