Property details
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District
Faro (Algarve) -
County
Lagos -
Locality
São Gonçalo de Lagos
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Area
62 m²
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Price
130.000 € -
Energy Rating
ND
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Property code
A2134A
Description
This 1-bedroom apartment located on the second floor, inserted in the heart of the historic center of Lagos, presents enormous potential for those looking for a renovation project with an excellent investment opportunity.
The apartment consists of a living room, bedroom, kitchen, bathroom and a balcony, ideal for enjoying the Algarve climate. The building does not have an elevator. The property is in need of comprehensive rehabilitation works, offering the possibility of creating a modern and functional space, fully adapted to the preferences of the future owner.
The property is located right in the center of the historic center, just a few steps from bars, restaurants, shops and various services. In addition, on the ground floor of the building there is a bar, reinforcing the proximity to urban life.
Investment Opportunity
Thanks to its privileged location and the growing tourist interest in Lagos, this T1 proves to be an excellent option for:
- Short-term rental, benefiting from high demand throughout the year;
- Long-term rental, ensuring stable income;
If you are looking for a property to transform and monetize, this is a rare opportunity in the historic center of Lagos.
REF: A2134A