Luxury 1 bedroom Apartment for sale with sea view in Lagos, Algarve
Set between the Atlantic Ocean, the Alvor Estuary and the award-winning 27-hole championship golf course, Palmares is a destination defined by space, privacy and an exceptional natural landscape.
Here, contemporary architecture has been thoughtfully integrated into the terrain, with only a small proportion of the estate developed, ensuring uninterrupted views, protected surroundings and a remarkable sense of tranquillity.
The apartment has been designed with understated elegance, combining clean ...
Set between the Atlantic Ocean, the Alvor Estuary and the award-winning 27-hole championship golf course, Palmares is a destination defined by space, privacy and an exceptional natural landscape.
Here, contemporary architecture has been thoughtfully integrated into the terrain, with only a small proportion of the estate developed, ensuring uninterrupted views, protected surroundings and a remarkable sense of tranquillity.
The apartment has been designed with understated elegance, combining clean architectural lines with warm natural materials and a refined interior palette inspired by the surrounding coastline.
Fully furnished and turnkey ready, the accommodation flows effortlessly onto generous covered and open terraces, creating an exceptional indoor-outdoor living environment with panoramic views across the sea, golf course and estuary.
Palmares has established itself as one of Portugal's premier residential golf communities, where owners enjoy direct access to championship golf, miles of unspoilt golden beach, scenic walking trails, fine dining and an enviable outdoor lifestyle throughout the year.
Enhancing the estate is the recently introduced JW Marriott Hotel, an elegant five-star hotel that complements the existing resort with an additional level of international hospitality.
Owners benefit from access to world-class amenities, wellness facilities, restaurants and the impeccable service associated with the JW Marriott brand, whilst retaining the privacy and exclusivity of an independent residential address within the wider Palmares community.
For those seeking both lifestyle and investment potential, the residence also forms part of a professionally managed rental programme offering a guaranteed 5% return during the first three years, together with the flexibility of enjoying up to four weeks of private use annually.
Ownership also includes access to an extensive range of five-star resort services, including reception and owner support, 24-hour security, beach shuttle service, discounted golf, exclusive restaurant and bar privileges, and comprehensive on-site property management.
Located just moments from Meia Praia and only a short drive from the historic centre and marina of Lagos, Palmares enjoys one of the Algarve's most desirable locations.
Faro International Airport can be reached in approximately one hour, while international schools, sporting facilities and year-round amenities are all within easy reach.
Combining architectural excellence, an established golf estate, direct access to one of Portugal's finest beaches and the presence of a world-renowned luxury hotel, this is a rare opportunity to secure a residence within one of the Algarve's most distinguished coastal communities.
Air conditioning
Central heating
Heated floor
Furnished
Swimming pool
Sea View
Energy Certificate: A.
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This Apartment is located in Lagos in Portugal
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Buying a Property in Portugal
1. Signing a Letter of Intent
On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.
2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)
The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.
3. On Completion
The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.