Two-Bedroom Apartment for Renovation in Central Lagos
€300,000
- Apartment
- Type
- Today
- Listed
The Habio take
This two-bedroom apartment of 82 m² offers great renovation potential, located on the first floor of a well-maintained building in the heart of Lagos. With a prime central location, it is within walking distance to the beach and local amenities.
- investment
- beach
- walkable
- city
Highlights
- 82 m² with potential for renovation
- Located in central Lagos
- Close to amenities and beaches
- High demand for long-term rental
- Excellent investment potential
Worth knowing
- No lift mentioned
- Requires renovation
Good fit for: Best suited for investors or buyers looking to create a custom living space.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 60
- Family
- 55
- Retirement
- 60
- Airport access
- 70
- Investment
- 75
- Luxury
- 50
- Value
- 70
About this place
This two-bedroom apartment measures 82 m² and features a closed balcony (marquise), situated on the first floor of a small building comprising only three units, one per floor. The building is in excellent condition, with recent exterior painting and upgrades to the common areas, including new electricity, water supply, and telecommunications networks.
The apartment layout has significant potential for modernisation and reorganisation, allowing for a contemporary and functional design. With spacious areas that exceed the average for this type, the property presents an exceptional opportunity for value enhancement following renovation.
Located in a privileged area of central Lagos, the apartment is just 2 minutes from the Interurban Bus Station and the municipal building. The beautiful local beaches, supermarkets, local shops, restaurants, and everyday services are all easily accessible on foot. The surrounding area has high residential and tourist demand year-round, making it ideal for personal use or investment.
Getting around
- Good water quality
Nearest beach · Batata
~3 min drive · 1.8 km
Portimão (PRM)
~17 min drive · 15 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Lagos, Algarve, Portugal
- Nearest airport
- Portimão (PRM)
- 10 km
- Also close
- Faro (FAO)
- 64 km
- Nearest city
- Setúbal
- 159 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Portugal
Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.
Mortgages are available to non-residents, typically up to 60–70% LTV.
The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023).
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
