Portugal is one of the best countries to invest in European real estate. The local market is highly competitive, and it has recovered from the impact of the COVID-19 pandemic. However, it may be challenging to find new and innovative properties in the country’s primary market.
It is currently a popular trend among buyers to look for properties in the secondary market. Yet, some still prefer new apartments with high standards of comfort, design, safety, and infrastructure. Most developers at the same time offer typical projects in less attractive areas, mainly for the low-cost market segment.
Looking for exciting real estate offers in Portugal? Consider Cascais properties first!
NB: If you own a property in a foreign country, you may want to get a residence permit there. Q Wealth experts will eagerly help you with a free consultation on how to get a residence permit in your chosen jurisdiction in 2023.
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The Q Wealth team has a special offer for you: a set of apartments in Lagos, Portugal, near the beautiful Porto de Mós Beach, one of the best in Portugal. These apartments are part of an exclusive condominium, designed with comfort, safety, and quality in mind.
The condominium is about to be commissioned in 2025, so you won’t have to wait too long. At EUR 565,000, the price is pretty reasonable. This is a great deal for such a property, as similar ones usually cost much more. If you are looking for real estate in Portugal and favor primary market properties, don’t hesitate to check out this opportunity.
Why Portugal is a great place to live
Although many jurisdictions are currently developing and promoting their CIPs and immigration schemes, most expats, emigrants, and digital nomads share a common belief, that is, if you wish to relocate to Europe, Portugal is that spot on the map. Boasting high living standards, Portugal sure deserves your attention. In this context, property purchase in the jurisdiction’s top locations like Porto, Lisbon, Lagos, Coimbra, Faro, or Aveiro is not only a wise step but also a long-term endeavor.
Are you currently on a budget? Take a look at the Albufeira and Alvor apartments.
Why choose Portugal, out of all the available options? You may be surprised but the perks are many:
- Ideal Climate: Portugal boasts a pleasant climate with an average temperature of 27 degrees Celsius. The country enjoys year-round access to warm seas (ranging from 13 to 19 degrees), gentle winters, and remarkably stable weather, a combination rarely found in Europe.
- Diverse Leisure Opportunities: Portugal offers an array of entertainment options with no constraints. From chic nightclubs to stunning beaches, historical treasures, and abundant water sports like surfing, fishing, and diving, there’s something for everyone.
- Top-Tier Safety: While Qatar, UAE, Oman, Switzerland, Singapore or Japan are believed to have the lowest crime rates, Portugal is among your top options where comfort and safety in Europe are concerned.
- Affordable Cost of Living: One of the most affordable countries in Western Europe, Portugal comes with a lower cost of living compared to many other popular destinations. You can find good deals on housing, food, transportation, health care, and entertainment in the country. For example, a 3-course meal at a decent restaurant costs around EUR 40, utilities average EUR 110, and a monthly gym membership is about EUR 35 per month, which is 35% to 40% lower than in the US.
- Tax Benefits: Those living in Portugal for more than half of the year can benefit from the Non-Habitual Resident (NHR) tax regime, which provides substantial fiscal advantages provided specific conditions are met. With this option, you will save money on income, capital gains, and inheritance tax, among other things.
- Quality Education: If you have children, feel free to enroll them in high-quality schools in Portugal that meet international standards, just like in the UK or the US. The country boasts a well-developed education system offering public and private options for all levels.
- Health Care: Spending nearly 9% of its GDP on health care, Portugal comes with a universal health care system that covers all residents, including expatriates registered with the local authorities. The local health care system is ranked among the best in the world by the World Health Organization. In Portugal, you can access high-quality medical services and facilities at low or no cost, which becomes especially important as you age.
- English Proficiency: Although not an official language, English is widely spoken and understood in Portugal. Whether you are shopping, dining out, or interacting with public institutions, you will communicate easily with most people in English. However, if you plan to stay here for a long time, learning Portuguese is a wise strategy to succeed.
- Relaxed Lifestyle: Portugal is known for its relaxed and enjoyable lifestyle, with a good balance between work and leisure. So, feel the vibe and take your time to enjoy each moment, appreciating the beauty of nature and local culture.
Have eyes for commercial properties in Portugal? The hotel co-ownership project at Vila Viçosa may be the right choice for you!
Luxurious apartments in Lagos: features and benefits to enjoy
If you are looking for a unique and comfortable property in Lagos, you might be interested in these luxurious and spacious apartments spanning 90.6 square meters, expected to be commissioned in April 2025. The apartments in Lagos are part of an exclusive condominium, where comfort is the main priority. Below, you will find all the information necessary to make an informed buying decision:
- Commissioning Deadline: The apartments in Lagos will be commissioned in April 2025.
- Location: The properties are only 300 meters away from Porto de Mós Beach, one of the most famous beaches in Portugal. Living here, you will enjoy the sun, the sand, and the sea at your doorstep.
- Space: The apartments boast spacious living areas, with 90.6 square meters of floor space. Both you and your guests will have an opportunity to relax and entertain in style, enjoying well-planned modern architecture.
- Light: With their large windows and balconies, the apartments in Lagos are full of natural light that fills the rooms. They provide a great opportunity to admire the views and feel the breeze from your balcony.
- Services: For your convenience, the condominium offers essential services and amenities to all its dwellers. They include security, a parking lot, a swimming pool, a gym, and a garden. Within the complex, everything you need is within easy reach.
Sure, you might be willing to learn more about the Lagos apartments in Portugal:
- Location: Portugal, Lagos District, Lagos Municipality, São Gonçalo de Lagos City, Porto de Mós Parish.
- Property Condition: Brand new (under construction).
- Completion Deadline: 2025.
- Current Property Price: USD 565,000.
- Living Area: 90.6 square meters.
- Total Area (including balconies and the terrace): 116.25 square meters.
- Rooms and Premises: 2 bathrooms, a spacious living room, 2 bedrooms, a modern kitchen, a welcoming hallway, and balconies.
- Energy Efficiency Rating: A.
For the most captivating real estate opportunities in Portugal, consider holiday villas in various districts.
Apartment equipment and technical features:
- contemporary split air conditioning system for both cooling and heating
- warm floor system
- electric blinds for added convenience
- fully equipped kitchen with modern appliances
- high-efficiency solar panels
- elements of smart home technology with the possibility of further automated control expansion
- autonomous heating system to significantly reduce utility expenses
- enhanced thermal insulation
- modern 2-chamber refrigerator
- fire and smoke detectors for safety
- robust and quiet kitchen exhaust fan
- state-of-the-art kitchen stove
- microwave oven
- superior acoustic insulation
- built-in dishwasher
- washing machine
- glass-ceramic cooktop
- reinforced entry door
- complete furniture package
- emergency exit.
You are welcome to explore the most attractive real estate investment options in Portugal.
These are the nearby attractions within walking distance (inside and outside the condominium):
- green spaces for leisurely strolls
- parking facilities
- beach access.
In fact, future apartment residents will enjoy a lot more places of interest. Near the condominium, you will find shops, cafes, shopping centers, service providers, and other facilities. Although the apartments sit in the tourist heart of São Gonçalo de Lagos, they are away from the typical tourist zones that may have more noise, safety issues, thefts, and crowds.
Apartment design highlights
Aware of the different tastes and preferences of the tenants, the interior design team achieved an impressive balance. They authored a polished design that is not just another ordinary dwelling in a desirable location, but a cozy home with comfort and luxury.
Admire the apartments’ design features:
- Warm and neutral tones: The apartments use ivory, yellow, and light brown colors to create a cozy and elegant atmosphere.
- Panoramic windows: Your future residence will have large windows that let in natural light and offer beautiful views of the surroundings.
- Plush furnishings and wood finishes: To add texture and warmth to the space, the apartments in Lagos combine soft and comfortable furniture with natural wood accents.
- Minimalist decor: The apartments in Lagos avoid clutter and excess of ornaments, and use simple and tasteful elements to enhance the style and functionality of the space.
- Thoughtful lighting: The residences have recessed ceiling fixtures that provide general illumination, and pendant lights above the dining area creating a focal point and a cozy ambiance.
- Spacious balcony and terrace: The apartments in Lagos have a large balcony and a terrace for you to enjoy the fresh air and the outdoor scenery.
- White kitchen with built-in appliances: Inside, you will find a sleek modern kitchen with white cabinets and countertops, and integrated appliances that save space and blend in with the design.
- Snug bedroom with carpeting and wardrobe: Boasting comfortable bedrooms with soft carpeting on the floor and built-in wardrobes for storage, the apartments in Lagos are an irresistible place to relax and unwind.
Learn how you can purchase properties in Portugal while avoiding any traps and pitfalls.
Using only the best materials, the apartments in Lagos boast a top-grade interior design. The developer did not compromise on quality, even for the smallest details. Interior designers also did a great job by creating a coherent residential ambiance without any flashy elements.
The apartments in Lagos may not be the most innovative or luxurious in the Portuguese real estate market. For those who want cheaper or more extravagant properties, other options are sure available.
However, the apartments in Lagos are a great choice if you want quality living with a good value for money. Combining low risk with high demand, apartments in São Gonçalo de Lagos are ideal for both personal residence and investment purposes. An opportunity like this is a true unicorn in the Portuguese real estate market these days.
Do you need any further information about residence permits, tax residency, and real estate investment opportunities in Portugal? Our seasoned team is here to address all your worries. Please don’t hesitate to contact Q Wealth with any questions or concerns you may have. Together, we will make your offshore dream a reality!
Looking forward to your individual consultation request!
