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€
20% Deposit / Down Payment: 124,000€
Finance: 496,000€
Interest Rate*: 1.7%
Monthly Payment: 1,759.80€

Mortgage Simulation: Duration / Period: 40 years / 480 months
Purchase Price: 620,000€
20% Deposit / Down Payment: 124,000€
Finance: 496,000€
Interest Rate*: 1.7%
Monthly Payment: 1,424.89€

* Interest rates entered are based on the average percentage at the time of uploading. Please check with our Mortgage Advisors about the best rates you can obtain.

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