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  • Lagos, Faro, Portugal
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Apartments for sale in Lagos

94 listings Subscribe to notifications
450,000 €
£407,000
Total area 456 m²3 bedrooms3 bathrooms

With swimming pool

Duplex penthouse in Greece, Athens

Golden Visa

250,000 €
Total area: 140 m² 4 bedrooms 2 bathrooms

With swimming pool

380,000 €
£343,000
Total area 155 m²Land area: 155 m²2 bedrooms2 bathrooms

With swimming pool

With swimming pool

480,000 €
£434,000
Total area 188 m²Land area: 188 m²3 bedrooms2 bathrooms

With swimming pool

480,000 €
£434,000
Total area 187 m²Land area: 187 m²3 bedrooms2 bathrooms

Discounted apartments and new-builds upon request

Send us an enquiry, we will find advantageous offers for you

Send a discount enquiry
Anna Boyarchukova
Anna Boyarchukova,
Head of Residential Real Estate

With swimming pool

With swimming pool

395,000 €
£357,000
Total area 155 m²Land area: 155 m²2 bedrooms2 bathrooms

With swimming pool

390,000 €
£352,000
Total area 160 m²Land area: 160 m²2 bedrooms2 bathrooms

With swimming pool

290,000 €
£262,000
Total area 149 m²3 bedrooms2 bathrooms

With swimming pool

330,000 €
£298,000
Total area 149 m²3 bedrooms2 bathrooms

With swimming pool

300,000 €
£271,000
Total area 145 m²3 bedrooms2 bathrooms

With swimming pool

460,000 €
£416,000
Total area 186 m²3 bedrooms2 bathrooms

With swimming pool

With swimming pool

425,000 €
£384,000
Total area 160 m²Land area: 160 m²2 bedrooms2 bathrooms

With swimming pool

225,000 €
£203,000
Total area 95 m²2 bedrooms2 bathrooms
279,000 €
£252,000
Total area 106 m²Land area: 106 m²3 bedrooms2 bathrooms

With swimming pool

425,000 €
£384,000
Total area 157 m²Land area: 157 m²2 bedrooms2 bathrooms

With swimming pool

460,000 €
£416,000
Total area 195 m²Land area: 195 m²3 bedrooms2 bathrooms

With swimming pool

495,000 €
£447,000
Total area 195 m²Land area: 195 m²3 bedrooms2 bathrooms

With swimming pool

480,000 €
£434,000
Total area 186 m²3 bedrooms2 bathrooms

With swimming pool

620,000 €
£560,000
Total area 210 m²Land area: 210 m²4 bedrooms3 bathrooms

With swimming pool

390,000 €
£352,000
Total area 157 m²Land area: 157 m²2 bedrooms2 bathrooms

With swimming pool

545,000 €
£492,000
Total area 210 m²Land area: 210 m²4 bedrooms3 bathrooms
1-25 of 94 listings, page 1 of 4
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      FAQ about Lagos

      Can foreign nationals take out mortgage loans in Lagos?
      Yes, non-residents can be issued a mortgage loan to buy property in Lagos. Special terms of mortgage lending for non-residents — the loan term up to 75 years of age for the eldest borrower and a down payment of 40–50%. The mortgage rate is a floating one, of 3% for residential properties and 5% for the commercial ones.
      How does the purchasing process take place when buying an apartment in Lagos?
      Before the purchase, it is necessary to hire a lawyer who would help you get the paperwork done. Having chosen the property, you need to open a local bank account and receive a tax identification number.
      First, a preliminary sales agreement is signed, a deposit equalling to 10–30% of the property value is placed, and the municipal taxes are paid. The deposit is non-refundable if the buyer decides not to purchase. All agreements ought to be notarised.
      Between signing the preliminary and main sales agreements, the lawyer completes the property Due Diligence and checks the availability of all the documents for the property. When signing the main agreement, the remaining transaction amount is paid, after which the property can be registered with the land registry office and a title deed can be obtained.
      What property taxes are there in Portugal?
      Property buyers pay a stamp duty (Imposto do Selo, IS) — 0,8% and a title deed transfer tax (Imposto Municipal sobre Transmissões, IMT) — 6,0 – 6,5%. After the purchase, an annual real estate tax (Imposto Municipal sobre os Imóveis, IMI) ranging from 0.3 to 0.8% across property types and municipalities, has to be paid. These three taxes — are everything that is paid by property owners.
      When selling real estate, non-resident owners pay the capital gain tax, chargeable from the difference between the purchase price and the sales price at a rate of 28%.
      The inheritance and gift taxes are not levied from spouses, children, parents and grandchildren, the other categories pay them at a rate of 10% (which is considered low).
      How expensive are the utilities in Lagos?
      The utility costs vary across locations. For example, an average bill for an 50–60 m² apartment totals about € 100-130 per month.
      Can Portuguese residency be obtained through buying an apartment?
      Yes, there is a residency by investment or Golden Visa programme in Portugal. Those buying newly or relatively recently built properties for at least € 500,000 and properties built over 30 years ago for at least € 350,000 become eligible for residency.
      How can an apartment buyer obtain Portuguese citizenship?
      It is possible to apply for permanent residency after five years of residence in the country. After six years of residence it is possible to apply for citizenship. But these procedures are not interrelated. Holding a temporary residence or permanent residence permit does not lead to obtaining citizenship. Only following the rules of stay in the country (over 183 days per year for six years) can give hope for obtaining Portuguese citizenship.
      Can foreign nationals lease apartments in Portugal?
      Yes, of course. The owner's right to administer their property is not limited in any way.
      What types of Portuguese property are better to invest in for rental purposes?
      The most suitable for rental purposes are the flats and apartments located in the resort areas, such as the Algarve, Faro, Lagos, on the entire southern coast and the capital of the country, Lisbon.
      Why do I need to own an apartment in Portugal?
      The Portuguese property market is one of the European real estate markets that have been growing most actively over the past few years. Therefore, real estate investments are very profitable in the country.
      Tranio's managers are here to help you select a property
      Daria Batiuk
      Daria Batiuk
      Real Estate Expert Tranio in Lagos
      +44 17 4822 0039
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