7 Unbelievable Reasons to Invest in Lagos, Portugal
For those who have decided to start planning their retirement home, holiday home or property investment, Lagos Beach Resort & Spa in Lagos in the Algarve, Portugal is an ideal location.
Currently under development, it provides a unique investment opportunity through Portugal's Golden Visa - Urban Renewal Program until construction is complete, with multiple unit purchases allowing for the initial qualifying requirement for a Portuguese Golden Visa.
Properties start from as low as 149,000€ and range up to 229,000€, and will form part of a 4* facility providing investors and guests quality services, along with facilities which ensure peace of mind for both in one of the world's most desired tourism destinations.
7 UNBELIEVABLE reasons to invest in Lagos Beach Resort & Spa:
• Designed to reduce the investors risk and support high returns. Individual units will be offered freehold with a guaranteed yield of 7% and the possibility to achieve 10% in accordance with the resort's occupancy rate.
• Investors will have a bank guarantee from a Portuguese Bank and the development company granting an optional buyback after five years of activity for 100% of the price.
• Property and rentals management services are included in the purchase package and taken care of by the development group on behalf of the investor.
• Investors will benefit from free condominium and maintenance services costs in the first fifteen years of ownership
• Owners will have 14 Days for personal use.
• IMI Taxes, (Aprox. €300/yearly)
• High rental yield 365 days a year.
Situated opposite the Dona Ana Beach, one of Portugal's most beautiful beaches, and by taking a short stroll you can be basking in sunshine on a golden beach or submerging yourself in Portuguese history. These properties provide an excellent location to vacation, but buyers can also expect a guaranteed return of 7% per year on purchase price, with the possibility to achieve 10% in accordance with the resort's occupancy rate, making this an attractive opportunity for a savvy investor.
Property and rentals management services are included in the purchase package and managed by the development group on behalf of the investor. Investors also benefit from free condominium and maintenance service costs for the first fifteen years of ownership! Owners will have suites available for personal use for fourteen days per year, with the remaining targeted for rental income.