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House 324 м² in Lagoa, Portugal

4 499 938 $

13 888 $ /м²

4OVQ2
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Area

324 м2

Bedrooms

4

Luxury house for sale in Estômbar e Parchal, Portugal

Outstanding location! A modern style villa with high quality finishes, with large windows giving plenty of natural light, situated in one of the few sea facing locations in the Algarve, with south facing bedrooms offering fantastic views. On the first floor there is an entrance hall, master bedroom with en-suite bathroom and dressing room, dining room and very spacious south facing living room overlooking the pool, fully fitted kitchen with Siemens appliances, pantry, service bathroom, hallway with large windows overlooking the garden, water mirror, jacuzzi and pool. On the 1st floor there are 3 bedrooms with en-suite bathrooms, all with south facing terraces with fantastic ocean views, and there is another terrace on the roof with a seating area where you can also enjoy the magnificent views. The basement has a very large garage, a technical area, an area where you can make a gym and a movie room for those interested, a storage room and a laundry room. Property features: -heated floors -equipped kitchen -cabinets -air conditioning -double glazing -electric blinds -home automation system -pool -garden -barbecue Located in the central Algarve, the Lagoa region is famous for its coastline and boasts some of the best beaches in the country. The town of Lagoa is quite small, traditional and relatively non-touristy. The coastline is home to charming villages and the seaside resorts of Carvoeiro and Ferragudo, two of the most popular tourist destinations.

Additional details

Property type

Residential Properties

Object type

House

Price

4 499 938 $

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 (4 499 938 $) 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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