5 Star Development Lagos, Algarve, Portugal
Lagos is a well established old marina town in the west Algarve, popular with tourists and close to some of the most spectacular beaches in the Algarve combining deep coves and golden sandy stretches. Lagos has always been closely linked to the sea, and fishing has been an important activity since very ancient times. Since 1960, the city has embraced tourism, which has become its most important economic activity. It has beautiful beaches, good climate, the sea, a scenic coastline, and historical patrimony.

The Marina de Lagos an important centre for long distance cruise lines, has 460 berths. It is famous for its modern drawbridge. There is plenty of cultural and many night-life entertainment venues. You'll find local traditions are often celebrated, ranging from architecture to gastronomy and handicrafts.
 
Abrotea Resort
 
Completed recently, these luxury apartments are located in the popular tourist destination of Lagos and are just a few minutes away from it’s highly exclusive marina. The Abrotea self catering apartment complex enjoys a stunning location, in the historic, lively and exciting city of Lagos. Cobbled streets, shops selling traditional crafts and the old municipal market selling fresh fish, fruit and vegetables all mingle comfortably with modern bars and restaurants.
 
Between Lagos marina and the historic town centre, where golf courses meet white sandy beaches and the coastline extends as far as the eye can sea with a golden hue, this is a holidaymaker's paradise the Abrotea development is right at the heart of an area where the beauty of the Atlantic, the elegance of countless boat sails and the excitement of exclusive shopping malls all merge together to offer an exciting, exclusive and beautiful resort experience. the fabulous Abrotea complex offers many exclusive amenities.
 
 
 
 
     Click here to download images of the resort
 
 
 
To obtain a full brochure, and pricing, sinply complete an enquiry below



Why choose Lagos, Portugal ?
 
Already popular with the UK and northern Europeans, Lagos is a mature rental market commanding prices of over €800 per week (9% rental yields). With 8 golf courses locally Palmares will be utilised for golf holidays. Agreements are in place with the two most local courses.
 
The main benefit Lagos has is that property prices are much lower than in Central Algarve however rentals are priced similarly. Lagos offers the holiday maker an historic marina town, spectacular beaches and of course 1st class golf
 
When investing in property it is important to invest in areas that can offer you a certain rental yield, day 1 equity and short term prospects for growth.
 
 
 
The Development – External Specification
 
Externally the property is finished to extremely high standards. No expense has been spared on the security for the property. The Main entrance door to the building is operated via a high security entrance door and video entry system. Parking is secure and cool under ground - plus surface spaces. Additionally, there is Emergency lighting in communal areas.
 
 
The Development – Internal Specification

No expense has been spared with the luxurious furniture pack and internal finishing. The apartments come fully furnished including all electrical items such as TV’s and DVD players Each property is fitted to a very high standard and also enjoys:

  • Surround Sound system
  • Hydrotherapy bath
  • Air Conditioning
  • Central vacuum cleaning system
  • Garage – with electric door and remote
  • Satellite TV
  • Excellent Security
  • Electric blinds
  • Double glazing
  • Lift
 



To obtain a full brochure and pricing complete an enquiry below. Or contact us to book an inspection visit. Portugal@FinanceSpain.com



Abrotea Resort - Lagos, Portugal
 
 
  • Region: Lagos, West Algarve
  • Property types: 1 2 3 bed apartments
  • Price From €121,000
  • No Deposit – 27.5% discount
  • Day 1 Equity up to €80,000
  • 16 Week Rental Guarantee
  • €10,000 of furniture included
  • €16,000 PA Projected Rental
  • All Cost Paid (Approximately 6%)
 
From day one there is equity in the property. The official sale price (based on a recent valuation) will be formally registered at a higher price than the investor has paid, thanks to input from the developer.
Due Dilligence - Investment Research
Price
  1. Bank valuations completed
  2. Price comparables checked


Building Specification
  1. Site visit completed
  2. Build specification checked
  3. Furniture packs viewed

Building Licences / Guarantees
  1. Properties have residential and touristic licences
  2. Buildings have 5 year warranty


Rentals and property management
  1. Rental comparables study concluded
  2. Property management company appointed
  3. All associated costs agreed and detailed in financial forecast
  4. Development is well maintained
  5. Rental forecast based on the above information

Finance

  1. Bank approved valuations
  2. Finance terms accurate – Sept
  3. Full costs detailed in cost analysis

Location
  1. Full area audit completed
  2. Beaches , golf courses, marina & attractions all visited
 

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