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.

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.

Apartments for sale in Lagos, Portugal

Order by:

price low to highlow to highprice high to lowhigh to lownewest firstnew

Apartments with views of the river and the Atlantic Ocean, Lagos, Portugal for From 400,000 €

Apartments with views of the river and the Atlantic Ocean, Lagos, Portugal

From 400,000 €

From £341,000

Built in 2022Total of 12 apartments

Residential complex

Apartments near the beach, with a guaranteed yield of 7%, Lagos, Portugal for From 169,000 €

Apartments near the beach, with a guaranteed yield of 7%, Lagos, Portugal

From 169,000 €

From £144,000

Built in 2023Total of 279 apartments

Residential complex

3% discount on apartments

Investment apartments in The Community at 9% per annum in the heart of the Motor City area, Dubai

From 121,000 €

Completion in: 2025 Yield: 9.0% Apartments in total: 450

Residential complex

Two-bedroom apartment in a new exclusive complex, Lagos, Faro, Portugal for 575,000 €

Two-bedroom apartment in a new exclusive complex, Lagos, Faro, Portugal

575,000 €

£490,000

Total area 119 m²2 bedrooms2 bathrooms

Two-storey new apartment in a first-class complex, Lagos, Faro, Portugal for 850,000 €

Two-storey new apartment in a first-class complex, Lagos, Faro, Portugal

850,000 €

£724,000

Total area 106 m²2 bedrooms2 bathrooms

1 week ago

Furnished two-bedroom apartment near the beach in Lagos, Faro, Portugal for 420,000 €

With swimming pool

Furnished two-bedroom apartment near the beach in Lagos, Faro, Portugal

420,000 €

£357,000

Total area 114 m²Land area: 114 m²2 bedrooms2 bathrooms

Sunny two-bedroom apartment with panoramic views in Lagos, Faro, Portugal for 410,000 €

With swimming pool

Sunny two-bedroom apartment with panoramic views in Lagos, Faro, Portugal

410,000 €

£349,000

Total area 116 m²2 bedrooms2 bathrooms

Discounted apartments and new-builds upon request

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

Send a discount enquiry

Ksenia Kolesnikova,

Client manager

We find off-market properties
We organise viewings
We assist in obtaining a mortgage

Two-bedroom apartment near the sea in Lagos, Faro, Portugal for 410,000 €

With swimming pool

Two-bedroom apartment near the sea in Lagos, Faro, Portugal

410,000 €

£349,000

Total area 114 m²2 bedrooms2 bathrooms

New two-bedroom apartment near the beach, Lagos, Faro, Portugal for 895,000 €

New two-bedroom apartment near the beach, Lagos, Faro, Portugal

895,000 €

£762,000

Total area 180 m²2 bedrooms2 bathrooms

New three-bedroom apartment in an elite complex, Lagos, Faro, Portugal for 950,000 €

New three-bedroom apartment in an elite complex, Lagos, Faro, Portugal

950,000 €

£809,000

Total area 201 m²3 bedrooms3 bathrooms

New three-bedroom apartment in an elite complex, Lagos, Faro, Portugal

950,000 €

£809,000

Total area 195 m²3 bedrooms3 bathrooms

New apartments near the beach, Lagos, Faro, Portugal for 695,000 €

New apartments near the beach, Lagos, Faro, Portugal

695,000 €

£592,000

Total area 195 m²3 bedrooms3 bathrooms

Four-room new apartment with an ocean view, Lagos, Faro, Portugal for 625,000 €

Four-room new apartment with an ocean view, Lagos, Faro, Portugal

625,000 €

£532,000

Total area 296 m²3 bedrooms3 bathrooms

Four-room apartment in a new complex, Lagos, Faro, Portugal for 795,000 €

Four-room apartment in a new complex, Lagos, Faro, Portugal

795,000 €

£677,000

Total area 202 m²3 bedrooms3 bathrooms

New five-room apartment in a complex near the marina, Lagos, Faro, Portugal for 1,095,000 €

New five-room apartment in a complex near the marina, Lagos, Faro, Portugal

1,095,000 €

£932,000

Total area 254 m²4 bedrooms4 bathrooms

New apartments in a modern complex, Lagos, Faro, Portugal for 1,150,000 €

New apartments in a modern complex, Lagos, Faro, Portugal

1,150,000 €

£979,000

Total area 242 m²3 bedrooms3 bathrooms

New apartments near the port, Lagos, Faro, Portugal for 795,000 €

New apartments near the port, Lagos, Faro, Portugal

795,000 €

£677,000

Total area 198 m²3 bedrooms3 bathrooms

Three-bedroom apartment in a new elite complex, Lagos, Faro, Portugal for 1,150,000 €

Three-bedroom apartment in a new elite complex, Lagos, Faro, Portugal

1,150,000 €

£979,000

Total area 229 m²3 bedrooms3 bathrooms

Apartment in a first-class complex near the beach, Lagos, Faro, Portugal for 625,000 €

Apartment in a first-class complex near the beach, Lagos, Faro, Portugal

625,000 €

£532,000

Total area 195 m²3 bedrooms3 bathrooms

Two-bedroom apartment in a new complex near the beach, Lagos, Faro, Portugal for 575,000 €

Two-bedroom apartment in a new complex near the beach, Lagos, Faro, Portugal

575,000 €

£490,000

Total area 145 m²2 bedrooms2 bathrooms

Four-room apartment in a complex with a swimming pool and a parking, Lagos, Faro, Portugal for 695,000 €

Four-room apartment in a complex with a swimming pool and a parking, Lagos, Faro, Portugal

695,000 €

£592,000

Total area 189 m²3 bedrooms3 bathrooms

Five-room apartment in a complex near the center and the sea, Lagos, Faro, Portugal for 750,000 €

Five-room apartment in a complex near the center and the sea, Lagos, Faro, Portugal

750,000 €

£639,000

Total area 253 m²4 bedrooms4 bathrooms

Two-bedroom new apartment with sea views in a prestigious complex, Lagos, Faro, Portugal for 725,000 €

Two-bedroom new apartment with sea views in a prestigious complex, Lagos, Faro, Portugal

725,000 €

£617,000

Total area 155 m²2 bedrooms2 bathrooms

Four-room apartment with sea views in a new prestigious complex, Lagos, Faro, Portugal for 950,000 €

Four-room apartment with sea views in a new prestigious complex, Lagos, Faro, Portugal

950,000 €

£809,000

Total area 190 m²3 bedrooms3 bathrooms

New four-room apartment in the center of Lagos, Faro, Portugal for 1,150,000 €

New four-room apartment in the center of Lagos, Faro, Portugal

1,150,000 €

£979,000

Total area 217 m²3 bedrooms3 bathrooms

Two-bedroom apartment in a new complex, center of Lagos, Faro, Portugal for 650,000 €

Two-bedroom apartment in a new complex, center of Lagos, Faro, Portugal

650,000 €

£553,000

Total area 145 m²2 bedrooms2 bathrooms

last page

1-25 of 109 listings, page 1 of 5

Tranio’s client cases

All cases

18 January 2016
Property in Portugal: buy in winter to enjoy in summer says this buyer
A flat in Portugal is a dream for many, but property-hunters had better take their time and shouldn’t buy during the summer according to this flat-owner. Here’s why…
06 May 2025
The Art of Renovation in Northern Athens and One-Stop-Shop Service of Tranio Hellas: Why Investor Bought Apartment...
Tranio has been operating in the Greek property market since 2010, selecting homes for clients from trusted partners across different regions — both in cities and in coastal resort locations.
28 February 2025
The Master Key: How a Tranio Client Optimised Taxes Through Real Estate Investment in Cyprus
Cyprus is one of the most sought-after destinations for tax optimisation, offering a transparent legal framework, full EU membership, and attractive conditions for foreign investors.
28 February 2025
The Final Lap: Returns Secured by Investors in The Community, Motor City
In October 2022, Tranio proudly unveiled a co-investment opportunity in The Community, a residential development in Motor City. This exclusive proposition invited discerning partners and clients to engage at the project’s...
13 May 2024
Tranio client's experience: apartment on the French Riviera and obtaining a residence permit for financially...
France is a country known for its quality of life, economic strength, progressive social welfare, developed infrastructure, high environmental standards and care for historical heritage. A residence permit in France allows...
25 April 2024
Tranio case: buying an apartment in Madrid and obtaining Spain Golden Visa
Today Spain is one of the most popular EU countries for obtaining a residency by investments. To participate in the Spain Golden Visa programme, an investor must invest more than 500 thousand euros in the state economy or...
06 February 2024
Tranio’s client experience: mountain chalet in the Alps for vacation and good rental income
Resort property in the French Alps is a prospective investment, both from the point of view of getting income in high season, and getting a "second home" for vacations in a sunny, comfortable Alpine climate. Alpine...
24 January 2024
Tranio’s client experience: buying a second home on the Costa Blanca
Spanish real estate has consistently been in high demand in the past few decades.
27 October 2023
From renting to permanent residence: a Tranio client's story of buying an apartment in Cyprus
Andrey, an entrepreneur from Moscow, enlisted the Tranio team's help to find an apartment for long-term rental in Cyprus. However, his aspirations evolved into purchasing an apartment for permanent residence for his entire...
13 September 2023
Tranio case: buying an investment property in Phuket
Over the past few decades, Thailand has become a reference of a paradise for living and leisure. White sandy beaches, the azure waters of the Indian Ocean, tropical flora and incredible natural landscapes together with the...

What they say about Tranio

All reviews

First and foremost Tranio is a very motivated team of professionals who surely know their job! We are very pleased with their well-coordinated work, timeliness of responses to the questions posed, and willingness to act in case of unusual situations.
Original letter

Coldwell Banker
It is with much enthusiasm that I personally recommend Tranio for a professional business collaboration in the ﬁeld of real estate, marketing, acquisition, and ﬁnance. The fundamentals of our business relationship with Tranio were set in 2016. Mundial AG has received the company’s great reputation throughout a number of international business pai’tners and stockholders. Tranio has helped our company to expand its horizons to the global market and has established benchmarks that would extend Mundial AG’s networks. The company has exceptional connections to potential investors and has a proﬁcient team that is capable of forming compound ﬁnancial models that attract ﬁnanciers. The cooperation with Tranio is based on professionalism, effectiveness, and Hypovﬂemsbank scrupulousness. Our experiences with Tranio are encouraging and progressive, which makes them one of our preeminent business paitners.
Original letter

Z. Farkas, Mundial AG
We are glad to have a partnership with Tranio! It offers a vast online property base and the best services.

Quality Villas