• €315,000

2 Bed Townhouse in Praia da Luz, Lagos

Lovely single storey 2 bedroom townhouse, located in a charming family resort in Ferrel, only 5 minutes drive from Praia da Luz.

This fully furnished and equipped 2 bedroom (one mezzanine bedroom) townhouse is beautifully decorated with a combination of elegance and countryside elements, in a calm, natural and absorbing atmosphere. All the resort’s facilities such as the swimming pool for adults and children, children's playground, tennis court, football field, beach volleyball court, barbecue area, gym, maintenance circuit, massage room, restaurant and bar are available for use and yet the townhouse is only a short drive from Luz village and the beach. Also, you have the opportunity to earn a 5% rental guarantee over the course of 5 years with the following occupation of the house: 20 weeks of occupation – 1 week in July or August, 4 weeks in March, April or May, 4 weeks in October, November or December, 11 weeks from October to February. Or 6,5% of the investment in the case you don´t use the house during the 5 years.

Built 2009
Air Conditioning
Swimming Pool: Shared, Childrens
Tennis Court
Childrens Play area
Double Glazing

Buying Costs.
IMT Tax 14164.75 Euros
Stamp Duty 2520 Euros
Lawyers Fees 3150 Euros (Based on 1%, some may be slightly higher)
Notary- Purchase Deed 475.00 Euros
Registration 200.00 Euros
Certificates 100.00 Euros
Fiscal numbers 100.00 Euros

Total Costs 20709.75 Euros
This equates to 6.6% Of the purchase price

Please be aware the location on the map shows the nearest major town where the property is located not the actual address of the property. It is designed to show you roughly where the property is located.

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