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Fully Renovated Townhouse for Sale in Lagos, Algarve
Lagos, Faro, Portugal, 8600-712 Lagos
REF: 994007
€320,000
Description
Charming 1-bedroom townhouse for sale in the historic centre of Lagos, Algarve. Recently renovated with modern finishes, an AL license for holiday rentals, and walking distance to beaches, shops, and restaurants.
Nestled in the heart of the historic old town of Lagos, this beautifully renovated 1-bedroom townhouse offers the perfect blend of traditional Algarve charm and modern comfort. Located on a quiet cobbled street within the city walls, this property for sale in Lagos, Algarve is just a short stroll from the town s vibrant pedestrian square, award-winning restaurants, boutique shops, and stunning beaches like Praia da Batata and the iconic Ponta da Piedade.
Spread across two floors, the house has been tastefully refurbished throughout and is ready to move into or rent out immediately. On the ground floor, you ll find a stylish open-plan living and dining area, a fully fitted kitchen with a wooden island and modern appliances, plus a convenient guest WC. Upstairs, the spacious double bedroom features an en-suite bathroom, separate toilet, and air-conditioning for year-round comfort.
This turnkey Algarve townhouse benefits from new electrics, plumbing, flooring, and fixtures, making it a low-maintenance and highly functional property. While there s no private parking or outdoor space, free public parking is available just 100 meters away ideal for guests and residents alike.
Already registered with an Alojamento Local (AL) license, this investment property in Lagos offers excellent rental income potential in one of the Algarve s most desirable locations. The walkable lifestyle, proximity to beaches, and rich cultural surroundings make this home a top choice for those seeking a holiday home in Portugal, a rental income property, or a charming base in the Algarve.
Key Features:
Fully renovated 1-bedroom, 2-bathroom townhouse in Lagos Old Town
Prime location: 3-minute walk to restaurants and shops, 10 minutes to the beach
Open-plan living with modern kitchen and guest WC
Double bedroom with en-suite and air-conditioning
AL license in place for holiday rentals
Low-maintenance and energy-efficient
Ideal as a holiday home, rental investment, or permanent residence
Don't miss the chance to own a character-filled property in the Algarve steps away from everything Lagos has to offer. Contact us today to arrange a viewing or to find out more about this exceptional opportunity.
Charming 1-bedroom townhouse for sale in the historic centre of Lagos, Algarve. Recently renovated with modern finishes, an AL license for holiday rentals, and walking distance to beaches, shops, and restaurants.
Nestled in the heart of the historic old town of Lagos, this beautifully renovated 1-bedroom townhouse offers the perfect blend of traditional Algarve charm and modern comfort. Located on a quiet cobbled street within the city walls, this property for sale in Lagos, Algarve is just a short stroll from the town s vibrant pedestrian square, award-winning restaurants, boutique shops, and stunning beaches like Praia da Batata and the iconic Ponta da Piedade.
Spread across two floors, the house has been tastefully refurbished throughout and is ready to move into or rent out immediately. On the ground floor, you ll find a stylish open-plan living and dining area, a fully fitted kitchen with a wooden island and modern appliances, plus a convenient guest WC. Upstairs, the spacious double bedroom features an en-suite bathroom, separate toilet, and air-conditioning for year-round comfort.
This turnkey Algarve townhouse benefits from new electrics, plumbing, flooring, and fixtures, making it a low-maintenance and highly functional property. While there s no private parking or outdoor space, free public parking is available just 100 meters away ideal for guests and residents alike.
Already registered with an Alojamento Local (AL) license, this investment property in Lagos offers excellent rental income potential in one of the Algarve s most desirable locations. The walkable lifestyle, proximity to beaches, and rich cultural surroundings make this home a top choice for those seeking a holiday home in Portugal, a rental income property, or a charming base in the Algarve.
Key Features:
Fully renovated 1-bedroom, 2-bathroom townhouse in Lagos Old Town
Prime location: 3-minute walk to restaurants and shops, 10 minutes to the beach
Open-plan living with modern kitchen and guest WC
Double bedroom with en-suite and air-conditioning
AL license in place for holiday rentals
Low-maintenance and energy-efficient
Ideal as a holiday home, rental investment, or permanent residence
Don't miss the chance to own a character-filled property in the Algarve steps away from everything Lagos has to offer. Contact us today to arrange a viewing or to find out more about this exceptional opportunity.
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Currency Exchange
Lagos, Faro, Portugal, 8600-712 Lagos
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £264,144 | £277,789 | £13,645 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £264,144 |
| Maximum cost in the last six months | £277,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,645 |
Lagos, Faro, Portugal, 8600-712 Lagos
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £264,144 | £277,789 | £13,645 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £264,144 |
| Maximum cost in the last six months | £277,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,645 |
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 £13,645 more.
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