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Apartment with Fixed Yield

Ref. FABLGS-S

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Price: €330,000
Bedrooms: T1
Condition: New
Area: 72m2
Location: Lagos, Algarve

A one bedroom apartment with a fixed yield of 3% for 5 years and 10 weeks personal use per year.

Situated in Lagos, a coastal town in the Western Algarve, Marina de Lagos includes three hotels, a members club and 350 apartments - Fábrica makes up part of this superb project.

Having started its life as a ceramic factory, this carefully renovated building is considered one of the most unique residential projects in the Algarve.

This gated community, overlooking the Marina de Lagos, showcases a unique blend of stone and wood and offer stunning views. The development is divided into three separate buildings and includes a communal swimming pool. The apartments are the perfect choice for those looking for quality and safety surrounded by peace and tranquility.

Key facts:

• Completed project
• 56 apartments
• 1-bedroom to 4-bedroom duplexes
• Parking space & storage included
• Furniture package included
• 5 year rental guarantee at 3%
• 10 weeks personal use each year
• Condominium fees paid for 5 years

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