Property For Sale Lagos,Portugal

For sale by real estate agent - Lagos

1 bed Property for sale

Stunning One Bedroom Apartment For Sale in Algarve Portuga

$296,070 | £212,973 | €245,000
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ForSale SqFt Area 0Baths 1Beds

Stunning One Bedroom Apartment For Sale in Algarve Portugal

Euroresales Property iD- 9825434

Property information:

This stunning property is situated in the city of Lagos on the beautiful Algarve Portugal.

The property is a Large one bedroom property with the prime views over looking the Atlantic Ocean

This property has a sitting tenant paying monthly rent and services .

Furnished to a very high standard. ideal for the rental market.

The property is only walking distance from the sea and only an hour away from an international airport.

Street parking is available at this property.

About the Area:

The Algarve is the southernmost region of continental Portugal. it has an area of 4,997 km2 (1,929 sq mi with 451,006 permanent inhabitants, and incorporates 16 municipalities.The region has its administrative centre in the city of Faro, where both the region's international airport (iATA: FAO) and public university, the University of Algarve, are located.

Tourism and related activities are extensive and make up the bulk of the Algarve's summer economy. Production of food, which includes fish and other seafood, different types of fruit such as oranges, figs, plums, carob beans, and almonds, are also economically important in the region. Although Lisbon surpasses the Algarve in terms of tourism revenue,the Algarve is still, overall, considered to be the biggest and most important Portuguese tourist region, having received an estimated total of 7.1 million tourists in 2017. its population triples in the peak holiday season due to seasonal residents. The Algarve is also increasingly sought after, mostly by central and northern Europeans, as a permanent place to settle. A 2016 American-based study concluded that the Algarve was the world's best place to retire.

The Algarve is one of the most developed regions of Portugal and, with a GDP per capita at 86% of the European Union average, the third-richest (behind Lisbon and Madeira).

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