Top Architecture And Design In One Of Portugal's Hotspots
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€ 2,450,000 £ 2,073,669 $ 2,624,759

Reference PP174624

Lagos, Western Algarve

Villa

3 Bedrooms

Built in: 2024

239m2 Build size

€ 10,251 £ 8,676 $ 10,982 / m2 build

900m2 Plot size

€ 2,722 £ 2,303 $ 2,916 / m2 plot

Top Architecture And Design In One Of Portugal's Hotspots

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€ 2,450,000 £ 2,073,669 $ 2,624,759

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Key information

Reference: PP174624

Villa

Lagos, Western Algarve

3 Bedrooms

4 Bathrooms

Ownership Status: Company

Built in: 2024

239m2 Build size

€ 10,251 £ 8,676 $ 10,982 / m2 build

900m2 Plot size

€ 2,722 £ 2,303 $ 2,916 / m2 plot

Plots 5, 6, and 7

Build size from 239,30 m2- 240 m2

Plot 5 is under construction.

Key in hand "turnkey" is the sum of Plot + Construction

Here is your fantastic opportunity to acquire exceptional architecture and design in one of Portugal's premier destinations. These houses boast a remarkable return on investment, an impressive rental yield, and enhance convenience with luxury.

Discover this fresh development within an exclusive community featuring nine distinct plots meticulously crafted by the same esteemed firm. Each residence embodies a unique aesthetic, promising a captivating visual journey. These plots are all situated on a scenic hill overlooking the ocean, which makes each home provide inspiring sea views.

Convenience and luxury define these properties, each boasting an underground garage equipped with elevators that ascend from ground level and make you experience a true James Bond moment every time you enter or exit your garage.

With their prime location and competitive pricing, these properties promise lucrative returns with high rental occupancy rates. 

5 minutes from the historic town of Lagos

Price increase

7.7% - March 2023

4.3% - December 2023

Rental yield is between 5% and 7%. 

The average annual rental occupancy is 63% (short-term)

Rental season starts around Easter, continues until the end of October, and peaks during the summer. 

Enjoy the peaceful winter sun and have the great option of renting out the rest of the year. Or enjoy for yourself all year around this beautiful architecture and surroundings.

Additionally, we provide comprehensive property management services to facilitate effortless renting when you're away, ensuring a hassle-free income stream.

Get in touch with us if you need more information.

Features

  • Pool
  • Air conditioning
  • Garden
  • Heating
  • Garage
  • Parking
  • Underground Parking
  • Terrace/Balcony
  • Kids play area
  • BBQ
  • Laundry room
  • Storage room
  • Spacious
  • New development
  • Features great views
  • Sea view
  • Morning sun
  • Evening sun
  • Orientation: South
  • Near bars / restaurants
  • Near school(s)
  • Near shops
  • Near a golf course
  • Near the beach

Key information

Reference: PP174624

Villa

Lagos, Western Algarve

3 Bedrooms

4 Bathrooms

Ownership Status: Company

Built in: 2024

239m2 Build size

€ 10,251 £ 8,676 $ 10,982 / m2 build

900m2 Plot size

€ 2,722 £ 2,303 $ 2,916 / m2 plot

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Lagos, Western Algarve

Praia da Luz is another Algarve resort that has seen much development in recent years and it has become a firm favourite for several ex-patriot communities. It has retained its appeal and attractiveness by being held to a relatively low-rise landscape. A lot of the development has gone to the west of Praia da Luz, but it now boasts a wide selection of accommodation, with several hotels in the central hub of the village and many private holiday rentals.

Read more

 Lagos,  Western Algarve

Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Mariana Madeira

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