Others - Residential in Lagos with 3+ parking spaces

Exclusive Tourist Resort in Lagos, Algarve – 12 One-Bedroom Apartments, Reception, Bar and Swimming Pool

We present for sale a prestigious tourist apartment complex located in Falfeira, Lagos, in the stunning Algarve region. Built in 1989 and fully renovated in 2022, the property is ready to operate in the tourism sector or as a high-level real estate investment.

Key Features:

• Property type: Urban residential / tourist complex;
• Residential units: 12 one-bedroom ground-floor apartments, mainly with 77 m² (one unit with 47 m²);
• Reception: 42 m²;
• Bar: 16 m², fully equipped;
• Swimming pool: Part of the approved project, fully operational;
• Total area: 982 m² of residential/usable area on a 2,458 m² plot;
• Renovation: All apartments, electrical installations, bathrooms, kitchens, living rooms and furniture fully renovated; swimming pool, pool bar and reception modernised;
• Energy certificates: Valid from 2025 to 2029;
• Furniture included: Indoor and outdoor furniture, and full bar and reception equipment.

Investment Advantages:

• No mortgages or legal encumbrances, property free of charges;
• Ready-to-operate complex, with all installations functional (electricity, air conditioning, pool pumps);
• Well-maintained garden and common areas;
• Excellent opportunity for an established tourism business or income-generating investment.

This property represents a turnkey solution for those wishing to invest in the Algarve tourism market with a fully operational complex ready to generate immediate income.

Location:

Located in Falfeira, Lagos, in the parish of São Gonçalo de Lagos, within short distance of the main tourist attractions and the magnificent Algarve beaches.