Enjoy the best of both worlds with this stunning resort on Portugal's Algarve coast, which offers gorgeous beaches, guaranteed rental income and 2 weeks of personal use every year.
Lagos Beach & Spa Resort is a new development situated opposite the Dona Ana Beach and comprises 279 studio apartments to be used as holiday homes and/or rental investment suites. Located on one of the most beautiful beaches in Portugal, with all front facing suites having stunning sea views from all floors, the development will operate as a 4-star facility providing a unique investment opportunity.
Suites will be professionally decorated and fully furnished to a modern standard. Included will be a bathroom with premium fixtures, as well as air-conditioning/heat, 49” flat-screen TV, mini fridge, tea and coffee facilities. Also, access to rooftop and ground restaurants, executive lounge, health club, spa circuit, rooftop and ground pools, a zen garden, event rooms with catering service, kids club and parking lot, managed by the hotel.
This property provides an excellent location to vacation, but buyers can also expect a guaranteed return of 7% per year on purchase price, with up to 10% income possible when occupancy rates are high.
With hands-off returns and a buyback option after 5 years for 100% of the purchase price, this prime Portuguese opportunity is ideal for Golden Visa purchasers, subject to a minimum investent of €350,000. Individual units start from €129,000.