New 3 Bedroom Apartment For Sale in Lagos

Property in Portugal

Apartment for sale in Lagos

This luxurious three bedroom apartment is located on a new development in a scenic area of Lagos, in the western Algarve. A short two minute drive from the beach, and close to the historic city centre, this is a highly-sought after position.

The apartment includes three bedrooms, (all with fitted wardrobes) two bathrooms (both with underfloor heating) and an open plan living / dining room with access to a terrace to enjoy the beautiful views of Lagos. The fully-equipped kitchen features a ceramic hob, oven, microwave, refrigerator, dishwasher and washing machine.

Additional features include air-conditioning, electric shutters, excellent thermal and acoustic insulation, and the water heater will be connected to a solar panel system.

Owners also benefit from a fantastic outdoor swimming pool.

Mortgage Simulation:
Duration / Period: 30 years / 360 months

Purchase Price: 620,000€
Deposit /Down Payment: 124,000€
Finance: 496,000€
Interest Rate: 0.9%
Monthly Payment: 1,572.65€

Mortgage Simulation:
Duration / Period: 40 years / 480 months

Purchase Price: 620,000€
Deposit /Down Payment: 124,000€
Finance: 496,000€
Interest Rate: 0.9%
Monthly Payment: 1,230.85

Rental Simulation

Season and Rate per week
Spring (01 April - 31 May) - 1,350€
Early Summer (01 - 30 June) - 1,500€
Summer (01 July - 15 September) - 1,750€
Late Summer (15 - 30 September) - 1,500€
Autumn (01 - 31 October) - 1,350€
Winter (01 Nov - 31 March) - 1,000€

*The simulations above are estimated figures for the development and can vary depending on the apartment