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House 397 м² in Lagoa, Portugal

1 543 427 $

3 887 $ /м²

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Area

397 м2

Bedrooms

10

Bathrooms

9

Luxury detached 10 bedroom home for sale in Lagoa, Distrito de Faro

This elegant traditional converted villa is located on the outskirts of Lagoa and Carvoeiro, within walking distance of several golf courses, beaches, renowned restaurants, supermarkets, pharmacies, local amenities and shopping centers. The house offers easy access to the national road 125, as well as the A22 highway, and is a 40 minute drive from Faro airport. There are also two international schools less than 10 minutes away. Upon entering the villa there is a feeling of spaciousness as the rooms are very large, with lots of natural light and quality finishes. On the lower floor there is a large living room, dining room and fully equipped kitchen, a guest toilet and six bedrooms with en-suite bathrooms. On the upper floor there are four more bedrooms with two bathrooms, a kitchen, two living rooms with a shared terrace and panoramic views. Outside there is a swimming pool and a spacious seating area where you can enjoy the Algarve sunshine. There is also a barbecue area for outdoor cooking. Parking for 10 or more cars is available at the villa. The villa is located in Lagoa and Carvoeiro, one of the most popular areas of the Algarve. Carvoeiro is a town in the municipality of Lagoa in the Algarve, home to some of the most beautiful beaches in Portugal and all of Europe. The beaches of Lagoa, together with those of Lagos, form a list of beautiful beaches, some of the best in Portugal. The most colorful and famous ar

Additional details

Property type

Residential Properties

Object type

House

Price

1 543 427 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lagoa; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Portugal finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Portugal takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Lagoa short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (1 543 427 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Lagoa: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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