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Property for sale information
Pateo de Covento, Lagos: Exceptional value in heart of Old Town
Lagos is a beautiful city enclosed within 5th Century walls in the southern region of Algarve, in Portugal. The total population of is just over 27,000 inhabitants. The majority of the population lives along the coastal line and works in tourism and services. The inland region in sparsely inhabited, with the majority of the people working in agriculture and forestry. There are numerous restaurants, offering a wide variety of menus from the humble, but generous Portuguese, to the exotic Far East. There are many bars and discotheques to keep one entertained in the evening. The Cultural Centre has regular exhibitions, and holds Concerts and theatrical events in the auditorium. Another open-air auditorium, set within the west walls, also holds entertainments in the summer. There is a cinema that shows films, with their original soundtracks and Portuguese sub-titles. Lagos is located approximately 35 kilometers east of Sagres Point, the southwestern most point of Europe. To the north of Lagos is the road to Milfontes and Sines, that winds through the scenic protected landscape of the Southwest Natural Park.
Transfer time from Faro airport is less than 1hr 30mins away.
The apartments in this prestigious development will be the very latest in city living and will be finished to the highest specification that benefits such a prime location in the city centre.
Financials • Booking Deposit €3,000 • 10% on Signing Contracts • 10% in Oct ‘07 • 10% in Jan ‘08 • Balance on Expected Completion date May ‘08 • Service Charge €500 pa • Fit out approx - €10,000 • Mortgage Available 80% of the value and completion subject to normal lending criteria. • Legal Fees €700 + Disbursements