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Villa – Lagoa, Faro, Portugal

995,000 €
  • Total area
    645 m²
  • Land area
    645 m²
  • Bathrooms
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These residence permit conditions are effective until the end of 2021. Close a deal by the end of November to get all necessary paperwork for a residence permit done in time.

  • Total rooms: 7
  • Golf course
  • Swimming pool
  • Garden
  • Car parks

A lovely traditional Portuguese villa for sale in Lagoa, situated within the Alporchinos region it is ideally located just 300m from four golden beaches within some of the most beautiful cliffs known across the Algarve. Covering an impressive 495 m² this amazing villa offers a bright and spacious living room equipped with a cosy fireplace, an additional lounging area, a dining area and direct access to your own private, landscaped gardens and generously sized swimming pool. There is an enormous fully equipped kitchen offering more than enough space for you to cook up a banquet if you wanted to impress your friends or family with your skills in the kitchen, or you can cook a simple breakfast for you and your loved one. The kitchen also comes with its own lounging area and fireplace which enables people to be able to sit and converse while dinner is being prepped, ensuring no person is left behind when it comes to enthralling conversation topics. On the ground floor you will find a guest bathroom and one of the seven bedrooms, equipped with its own private bathroom providing privacy if you have a house full. Upstairs there are six bedrooms, each comes with its own en-suite bathroom and private terraces where each family member, or guest, will be able to enjoy stunning views of the Atlantic Ocean. Most of the rooms do come with fitted wardrobes where as others have stand alone units and one of the bedrooms is situated above the private garage. This floor can also be accessed externally from the gardens so if a few people decide to have a late night they don’t have to stumble through the house and wake everyone else up. Green gardens surround this beautiful villa which can be put down to the irrigation system that has been programmed to keep them well hydrated. A kidney shaped pool offers a well needed way to cool down during the summer months and is accompanied by an outdoor BBQ so you can invite friends and family round to have a pool day with some delicious good to enjoy throughout the day, or night. If you love this property but think it could be too large for you and your family, the layout provides ample opportunity to make some extra cash through rentals. Whether you go short term or long term, an additional income can easily be generated. It would also make a great holiday home in Portugal where you can escape to whenever the need strikes. Several golf courses are located approximately five to fifteen minutes away so if you love to tee off, you’re in luck, in additional to this there is an international college and two Michelin restaurants nearby.

Extra opportunities

The investor obtains a Portuguese residence permit by purchase of real estate worth at least €500,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.

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    Inna Shchukina
    Inna Shchukina,
    Senior property selection advisor
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      How to buy property with Tranio


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      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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