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flag Property in Portugal

8 Bedroom Townhouse for sale in Lagos

In Lagos, Lagos

Property Lagos,Investment Oppurtunity

399.000 €
  • 8
  • 4
  • 132 m2
Recently Reduced
Energetic Certification
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Description

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flag Property in Portugal

Townhouse for sale in Lagos

This townhouse for sale in the center of Barão de São João is located in a typical Portuguese village and is currently being run as a hostel.


This property has been completely renovated and consists of 8 rooms spread over 2 floors.


On the ground floor there is a large lounge with access to the kitchen area, a fantastic bar with a dining area, 3 bedrooms , 2 bathrooms and a small patio with a BBQ area.


On the second floor there are 2 separate areas, in the first area you will find 3 bedrooms. In the second area you will find 2 bedrooms, 2 bathrooms, a second kitchen and a small office.


This hostel is fully operational and is in an ideal location with only a 5 minute drive from Lagos and 20 minutes from Portimão.


This is a great opportunity to invest in a business opportunity in the Algarve.


Bensafrim is a typically small village situated in the countryside, it has local amenities such as snack-bars, restaurants and mini-markets for its residents and for anyone wanting to head into Lagos city centre, it is just a fifteen minute drive away and Faro airport is only sixty minutes away.



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


Purchase Price: 439,000€
Deposit /Down Payment: 87,800€
Finance: 351,200€
Interest Rate: 0.9%
Monthly Payment: 1,113.54€



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


Purchase Price: 439,000€
Deposit /Down Payment: 87,800€
Finance: 351,200€
Interest Rate: 0.9%
Monthly Payment: 871.52€


 

 
 
 
 
 

Property Details

  • Reference IDH32646
  • Type Townhouse
  • Built year 1959
  • Certification D
  • Bedroom(s) 8
  • Bathroom(s) 4
  • House area 132 m2
  • Land area 148 m2
  • Zone Lagos
  • Region Faro
  • Features:
  • Virtual Viewing Available
  • Air conditioning
  • Heating
  • Integrated Appliances
  • Double Glazed Windows
  • Triple Glazed Windows
  • Fitted Kitchen
  • Fully Fitted Kitchen
  • Manual Shutters
  • Fitted Wardrobes
  • Walk-In Wardrobes
  • Electric Towel Rails
  • Laundry Room
  • Outdoor BBQ/Grill
  • Central location
  • Walk to Amenities
  • Near Markets
  • Wheelchair Access
  • Transferable Rental Licence
  • Traditional Architecture
  • Near Schools
  • Furnished
  • Fully Renovated
  • Restored & Renovated
  • Immaculately presented