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3-Bedroom Apartment in Lagos with Rental License, Garage, and Enclosed Balcony
Lagos, Faro, Portugal, 8600-543
REF: 967213
€395,000
Description
Set in a peaceful residential pocket of Lagos, this west-facing apartment combines comfort, light, and practicality. Recent renovations give it a fresh, modern feel, while features like an enclosed balcony, private garage, and an active rental license add everyday convenience and income potential. With easy access to supermarkets, beaches, and the historic town center, it s a well-rounded option for full-time living, holidays, or investment. Located in the sought-after Ameijeira area of Lagos, this modernized three-bedroom apartment offers a comfortable and convenient lifestyle. Situated on the second floor and facing west, the property enjoys warm afternoon and evening light throughout the year.
The apartment has recently been updated with new flooring, a fully renovated kitchen, and contemporary bathrooms creating a fresh, inviting atmosphere. It features two bathrooms, a fully equipped kitchen, and an enclosed glass balcony that allows you to enjoy the outdoor space even on windy days.
A private underground garage provides secure parking, and the building is ideally positioned within walking distance of supermarkets, the city center, and some of Lagos' best beaches, including Porto de Mós and Praia Dona Ana.
This is a fantastic opportunity for anyone seeking a well-located, move-in-ready apartment in one of the Algarve s most desirable coastal towns.
Set in a peaceful residential pocket of Lagos, this west-facing apartment combines comfort, light, and practicality. Recent renovations give it a fresh, modern feel, while features like an enclosed balcony, private garage, and an active rental license add everyday convenience and income potential. With easy access to supermarkets, beaches, and the historic town center, it s a well-rounded option for full-time living, holidays, or investment. Located in the sought-after Ameijeira area of Lagos, this modernized three-bedroom apartment offers a comfortable and convenient lifestyle. Situated on the second floor and facing west, the property enjoys warm afternoon and evening light throughout the year.
The apartment has recently been updated with new flooring, a fully renovated kitchen, and contemporary bathrooms creating a fresh, inviting atmosphere. It features two bathrooms, a fully equipped kitchen, and an enclosed glass balcony that allows you to enjoy the outdoor space even on windy days.
A private underground garage provides secure parking, and the building is ideally positioned within walking distance of supermarkets, the city center, and some of Lagos' best beaches, including Porto de Mós and Praia Dona Ana.
This is a fantastic opportunity for anyone seeking a well-located, move-in-ready apartment in one of the Algarve s most desirable coastal towns.
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Currency Exchange
Lagos, Faro, Portugal, 8600-543
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €395,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €395,000 | £326,017 | £342,896 | £16,878 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £326,017 |
| Maximum cost in the last six months | £342,896 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,878 |
Lagos, Faro, Portugal, 8600-543
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €395,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €395,000 | £326,017 | £342,896 | £16,878 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £326,017 |
| Maximum cost in the last six months | £342,896 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,878 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £16,878 more.
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