Property features
Air conditioning
Close to the beach
Description
A three bedroom apartment for sale in Porto de Mós on the Vila Branca resort, located just a twelve minute walk away from the beach it is currently undergoing major renovations to bring it up to a more modern standard.
Vila Branca is a development run by Agua Hotels Spa & Resorts, they currently have over five developments across Portugal ranging from the north to the south. This particular development offers self catering apartments with private terraces or balconies, some of which will come with views of the Atlantic Ocean.
Amenities within the resort include two outdoor swimming pools for adults and two outdoor swimming pools for children making it ideal for families of all sizes. The common areas are also being renovated so images shown are what it looks like pre-renovation.
Currently under renovation,all apartments will enjoy a brand new, modern interior equipped with air-conditioning/heating, satellite TV, a spacious living room with dining area, a fully fitted kitchen with high quality appliances and private parking. There will be a total of 85 apartments - 1 x three bedroom apartment, 24 x two bedroom apartments and 60 x one bed apartments.
This particular apartment consists of a ground floor and first floor duplex, meaning it has a total of three floors with some of the higher areas of the property offering views of the Atlantic Ocean. It offers a total construction size of 328m2 with 128m2 for terraces.
This development would make a great investment if you are wanting to relocate to the Algarve, purchase a holiday home in the sun or even for rental holidays. Lagos is an extremely popular location with investors wanting to make an additional income through short term rentals as many holidaymakers love all the area has to offer.
It also offers a free shuttle service to Praia de Porto de Mós as well as Lagos city centre, providing both homeowners and tourists easy access to the surrounding areas. Within walking distance you will find several shops, restaurants and bars.
On top of this, if you love history this development is just 1.5km away from the castle in Lagos, Igreja de Santo António, and Ponta da Bandeira Fort.
Lagos is a fantastic town in the Western Algarve that can certainly be enjoyed by all age groups. Although, it is full of historical interest it is also a vibrant town with lots going on - the main square Praça de Gil Eanes is in the middle of town and is the setting for evening entertainment throughout the year - a comical unicyclist, live music or a medieval fair are just some of the events to be enjoyed. There are several streets leading off Praça de Gil Eanes, with a variety of restaurants and bars to suit all tastes!
Mortgage simulation:
Purchase Price - 450 000 Purchase Price - 450 000
Deposit / Down Payment - 90 000 (20%) Deposit / Down Payment - 90 000 (20%)
Finance Amount - 360 000 Finance Amount - 360 000
Interest Rate - 0.873% Interest Rate - 0.873%
Term / Period - 30 years / 360 months Term / Period - 40 years / 480 months
Monthly Payments - 1137.02 Monthly Payments - 888.83
Vila Branca is a development run by Agua Hotels Spa & Resorts, they currently have over five developments across Portugal ranging from the north to the south. This particular development offers self catering apartments with private terraces or balconies, some of which will come with views of the Atlantic Ocean.
Amenities within the resort include two outdoor swimming pools for adults and two outdoor swimming pools for children making it ideal for families of all sizes. The common areas are also being renovated so images shown are what it looks like pre-renovation.
Currently under renovation,all apartments will enjoy a brand new, modern interior equipped with air-conditioning/heating, satellite TV, a spacious living room with dining area, a fully fitted kitchen with high quality appliances and private parking. There will be a total of 85 apartments - 1 x three bedroom apartment, 24 x two bedroom apartments and 60 x one bed apartments.
This particular apartment consists of a ground floor and first floor duplex, meaning it has a total of three floors with some of the higher areas of the property offering views of the Atlantic Ocean. It offers a total construction size of 328m2 with 128m2 for terraces.
This development would make a great investment if you are wanting to relocate to the Algarve, purchase a holiday home in the sun or even for rental holidays. Lagos is an extremely popular location with investors wanting to make an additional income through short term rentals as many holidaymakers love all the area has to offer.
It also offers a free shuttle service to Praia de Porto de Mós as well as Lagos city centre, providing both homeowners and tourists easy access to the surrounding areas. Within walking distance you will find several shops, restaurants and bars.
On top of this, if you love history this development is just 1.5km away from the castle in Lagos, Igreja de Santo António, and Ponta da Bandeira Fort.
Lagos is a fantastic town in the Western Algarve that can certainly be enjoyed by all age groups. Although, it is full of historical interest it is also a vibrant town with lots going on - the main square Praça de Gil Eanes is in the middle of town and is the setting for evening entertainment throughout the year - a comical unicyclist, live music or a medieval fair are just some of the events to be enjoyed. There are several streets leading off Praça de Gil Eanes, with a variety of restaurants and bars to suit all tastes!
Mortgage simulation:
Purchase Price - 450 000 Purchase Price - 450 000
Deposit / Down Payment - 90 000 (20%) Deposit / Down Payment - 90 000 (20%)
Finance Amount - 360 000 Finance Amount - 360 000
Interest Rate - 0.873% Interest Rate - 0.873%
Term / Period - 30 years / 360 months Term / Period - 40 years / 480 months
Monthly Payments - 1137.02 Monthly Payments - 888.83
