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House 174 м² in Lagos, Portugal

ID 4OW9B
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Area
174 m²
Bedrooms
3
Bathrooms
2

Description

Luxury house for 14 rooms for sale in Lagos (São Sebastião e Santa Maria), Portugal

The villa of approximately 700 m2 is situated on a plot of 1,541 m2. Special care has been taken to make this property truly spectacular. Located in the most prestigious area of Lagos, it is ready to welcome its new owner. The grand entrance to the villa leads into the living room, from which you can access the fully equipped kitchen. The living room also includes a separate dining area with large glass windows letting in lots of light and offering fantastic views. The entire first floor has access to a huge terrace as well as to the pool and garden. On the 1st floor there are 3 bedrooms (2 of which are en-suite) with large balconies and sea views. The basement has a movie room, bar, wine cellar, bathrooms and large storage rooms (2) which can be used as bedrooms if desired. There is also a spa area with Jacuzzi, sauna and heated pool. Outside there is a heated salt water pool, a well maintained tropical garden and mini golf course and an outdoor living area with BBQ and fireplace. The garden and pool are very attractive and are the perfect place to relax. This is a rare opportunity to purchase a unique property in a prestigious location. Features: Central heating Underfloor heating Fireplace Heated towel rails Indoor swimming pool Fitted kitchen Separate dining room Separate pantry Pantry Utility room Cloakroom Wardrobe Wardrobes Internal garden Air conditioning Wine cellar Sauna Gym Electric blinds Alarm system Video intercom system Double glazing Contact us to

Characteristics

Property type
Residential Properties
Object type
House
Price
2 798 248 $

FAQ

How can I get a residence permit by buying property in Portugal?

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lagos; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Portugal?

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.

What taxes and fees apply when buying in Portugal?

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.

How is the title checked in Portugal?

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.

Can I rent out property after purchase in Portugal?

Yes. Rental income tax is 5–25% depending on the regime. In Lagos short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (2 798 248 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Portugal?

A typical transaction runs 30–90 days, averaging 45 in Lagos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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