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    Ground-Floor 2-Bedroom Apartment with Private Terrace and Independent Entrance in Lagoa

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    Lagoa, Algarve• Ref: IM032-FS

    Ground-Floor 2-Bedroom Apartment with Private Terrace and Independent Entrance in Lagoa

    Sold€250,000€3,928/m²
    2Bedrooms
    2Bathrooms
    63.64m² Living
    20.75m² Plot

    About This Property

    Living here means finding the perfect balance between tranquillity and convenience: a quiet area with shops, restaurants, a pharmacy and schools just minutes away, as well as excellent access to Lagoa, Portimão, Ferragudo and the main beaches of the region, all within 5 km.

    This ground-floor 2-bedroom apartment stands out for two increasingly rare features on the market: an independent entrance directly from the street, offering greater privacy and the feeling of living “like in a house,” and a pleasant private rear terrace that acts as a true extension of the living space. An ideal combination for both owner-occupation and investment.

    Inside, the property offers a spacious living room with a fireplace, perfect for creating a warm and welcoming atmosphere, a separate kitchen equipped with cabinetry, hob and oven, and two well-sized bedrooms with built-in wardrobes. The kitchen and water heater run on gas.

    The apartment is in good condition and ready to move into.

    The main highlight is the private terrace with 20.75 m², enclosed and secure—a versatile space ideal for outdoor dining, leisure moments, an urban garden, or for those with children and pets, an increasingly sought-after feature in apartments.

    As added potential, the property includes an adjacent space currently used as a studio, in need of renovation, sold together with the apartment. This area offers an excellent opportunity to create an independent studio or to extend the apartment’s living area, significantly increasing its value and rental potential.

    An attractive opportunity in the heart of the Algarve, combining location, functionality and growth potential.
    TypeApartment
    ConditionUsed
    OrientationSouth
    EnergyD

    Features & Amenities

    Property Highlights

    Quiet Location
    Private & Secluded
    Investment Potential
    Central Heating
    Parking space
    Garden
    Terrace
    Balcony
    Fireplace
    Laundry Room
    Storage
    Double Glazing
    Built-in Wardrobes
    Equipped Kitchen
    Furnished
    Built in 1998

    Photos(21)

    Presentation

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    Presentation

    Ground-Floor 2-Bedroom Apartment with Private Terrace and Independent Entrance in Lagoa

    The full presentation of this property — ready to save and share.

    21 photos · Ref. IM032-FS

    Location

    Approximate location
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    Your Agent
    Felipe Silveira
    Felipe SilveiraReal Estate Agent
    +351926573099Call to the national mobile network
    [email protected]

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    Average response time: 5 min via WhatsApp

    Financing Simulator

    Realistic estimate based on current rates and Bank of Portugal rules

    €250,000
    €75,000(30%)
    25 years
    40
    Euribor 12M (2026-06)2.80%
    Spread
    1.10%
    Rate used (TAN)3.90%

    Max financing (LTV): 70%

    Total monthly cost

    €974/month

    Loan payment: €914Insurances (est.): €60
    Bank affordability test
    Payment at stressed rate (5.40%)€1,064/month
    Cash needed upfront (est.)
    Down payment€75,000
    IMT (transfer tax)€8,106
    Stamp duty — purchase (0.8%)€2,000
    Stamp duty — loan (0.6%)€1,050
    Bank fees (est.)€900
    Notary & registry (est.)€700
    Total upfront€87,756
    Loan Amount€175,000
    Financing %70%
    Total to Repay€274,224

    Need help with financing?

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    Indicative simulation only — not financial advice. Final conditions depend on the bank's assessment.

    Reference values: Euribor 2026-06 · IMT 2026 tables (AT) · Bank of Portugal rules · updated 2026-07-06

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