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Villa 760 м² in Lagos, Portugal

1 589 681 $

2 091 $ /м²

4OWMS
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Area

760 м2

Bedrooms

9

Bathrooms

9

Luxury 9 bedroom villa in Lagos, Portugal

This property represents an excellent rural investment opportunity. The versatile nature of the villa makes it an ideal rental property. In addition, the villa has great potential for agricultural activities and livestock farming. The villa is located in the charming Bensafrim area, close to Lagos, making it convenient for both alternatives. The main house is divided into seven apartments with 10 bedrooms, providing ample accommodation options. In addition to the apartments, the house has a reception area with a side storage room, as well as a separate caretaker's apartment with laundry and linen cupboards and three garages. The nearly 9.5 acre site has a dam, borehole and well (equipped with new pumps) for an efficient water supply. There are also deposits for water storage. Mains water is connected to the house as well as sewerage. In addition, each apartment has internet access, providing modern communication for residents and guests. The home is being sold furnished, providing additional convenience for prospective buyers. Significant renovations were made in 2022, including the installation of several new air conditioners, stables renovations, fence repairs, and general maintenance. In 2016, a plan was approved for a swimming pool, but it was not built on schedule. However, a new design has been developed.

Additional details

Property type

Elite

Object type

Villa

Price

1 589 681 $

FAQ

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.
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 Lagos 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 (1 589 681 $) 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 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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