Luxurious 5 bedroom villa in Lagos, Faro District.
This magnificent villa with a pool, consisting of 5 bedrooms with bathrooms, is located less than 5 minutes from the yacht marina and historical center of Lagos. Built with high quality materials, it offers 267 m2 of living space, distributed across a large living room with a fireplace and huge windows, through which we can enjoy the views of the countryside surrounding the property. The dining room overlooking the gardens and pool leads to a more private room, perfect for a home theater or library. The modern architecture of this home maximizes the use of natural light in a region where the sun shines over 300 days a year, thanks to large windows and a skylight in the hallway. On the ground floor there is also a guest bathroom and 3 suites, one of which has a large closet. In the inner courtyard by the pool you will find a relaxation area and barbecue, where you can enjoy fresh fish and seafood with family and friends. On the 1st floor there is another large suite and an open patio with sunset views. Taking advantage of the slope of the plot, the villa features a huge garage with natural light, a game room and gym for the whole family, as well as guest apartments and a laundry room. The gardens have been designed for easy maintenance, with existing trees that require little water. The house has all modern amenities: heated floors, fireplace, air conditioning, electric gates, double glazing, low maintenance garden, fully fenced outdoor area and storage room.
Characteristics
Property type
Elite
Object type
Villa
Price
1 790 879 $
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 (1 790 879 $) 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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