€299,000

Apartment for sale Lagos
Property photo number 1 of 6 Photos for Property. File 102114804_2310_a6f7bb2e16637216cbdd273f8312553b.jpeg

Overview

SUMMARY: Discover an opportunity with this Lagos apartment for sale and available for €299,000. This could be your next ideal home or a smart investment. More details await.

There are properties you buy for today and properties you buy for what they can become. Just moments from the golden cliffs and turquoise waters of Praia Dona Ana, this top-floor 2-bedroom apartment is one of those rare opportunities where location, fundamentals,

and upside align. Set in one of Lagos most sought-after coastal neighborhoods, the apartment already offers the ingredients investors search for but rarely find together at this price point: walkability to the beach and old town, a private boxed garage, top-floor privacy, outdoor space, and strong short-term rental potential. Inside, the apartment features a bright and functional layout with: - 2 bedrooms - 1 bathroom - Open-plan living and kitchen area - Private balcony with green outlook - Top-floor position - Private boxed garage with direct street access - Built in 1994 - Recently renovated and painted exterior façade The apartment is immediately usable, but the real story lies in its transformation potential. A tasteful cosmetic renovation modern kitchen, updated bathroom, fresh flooring, lighting, and contemporary furnishing could reposition the property into a highly attractive holiday rental in one of the Algarves strongest micro-locations. And that location is what truly drives the long-term value. From the apartment, you are approximately: - 5 minutes walking to Dona Ana Beach - 10 minutes walking to Lagos historic center - Minutes from cliffside coastal walks and Ponta da Piedade - Close to restaurants, cafés, beach clubs, and year-round tourism demand This is the type of property guests actively search for: no car required, beach lifestyle, authentic Lagos atmosphere, and easy access to everything that makes the Western Algarve one of Europes strongest lifestyle destinations. Investment Potential Based on current market projections after renovation and professional staging: - Estimated average daily rate (ADR): approx. 107/night - Estimated annual occupancy: approx. 75% - Estimated gross annual revenue: approx. 29,200 For investors, this creates a compelling value-add scenario: acquire well-located real estate in a proven rental market, modernize strategically, and capitalize on both lifestyle demand and tourism growth in Lagos. Why This Opportunity Stands Out - Prime beachside Lagos location - Walking distance to beach and historic center - Rare private boxed garage - Strong short-term rental fundamentals - Renovation upside without structural complexity - Bright top-floor position with outdoor space - Ideal blend of lifestyle and income potential Presented by Lagos Homes Lagos Homes is a boutique real estate agency specializing in premium, personalized service for international buyers and sellers in Portugal. We help clients navigate the market with clarity, transparency, and trusted local expertise.

. . : . : - - 1 - - - - - 1994 - . . . : - 5 - 10 - - : . : - (ADR): 107 - : 75 - : 29,200 : . - - - - - - - . .

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Details

  • Neighborhood: São Gonçalo de Lagos
  • Beds: 2
  • Baths: 1
  • Price: €299,000
  • Area: 72 m2
  • Year Built: 1994

Amenities

  • Home
    • Close to the beach
    • Garage
    • Central location
    • Furnished
    • Close to golf course
    • Energy Certificate: D

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