£510,588
€590,000
1 bed apartment for saleQuinta Do Lago, Almancil, Algarve
1 bed
About this property
1 bedrooms
House area: 82 sqm
Swimming Pool
Air conditioning
Condition: Recovered
1 bathrooms
Fireplace
A beautifully presented apartment within a private condominium in Quinta do Lago, just moments from the beach. The residence offers a spacious en-suite bedroom with a private balcony, alongside an open-plan, fully fitted kitchen flowing into the living area. A striking double-sided fireplace adds warmth and character, while the generous terrace invites relaxed outdoor living with tranquil pine views and a glimpse of the sea. Air conditioning throughout ensures effortless comfort in every season.
Residents benefit from private security and an exceptional leisure setting, including a swimming pool with on-site bar and restaurant, as well as a tennis court. Perfectly positioned only a short drive from Quinta do Lago beach and set within the protected landscape of the Ria Formosa Natural Park, this is an ideal retreat for refined holidays, year-round living, or a discerning investment in one of Portugal’s most prestigious addresses.
The Buying Process in Portugal?
A Clear Path to Property Ownership
At Alina Reis Bespoke Luxury & Advisory, we offer personalised guidance throughout every stage of your purchase, ensuring peace of mind from start to finish. Here is how the process typically unfolds:
Step 1: Appoint Legal Representation
Begin by selecting a reputable Portuguese lawyer. They will carry out all due diligence, confirm the legal status of the property, and handle the transaction on your behalf if needed.
Step 2: Obtain a Portuguese Tax Number (nif)
This number is required to purchase property in Portugal. Your lawyer can secure it on your behalf with a simple copy of your passport and proof of address.
Step 3: Open a Local Bank Account
To complete the purchase and manage future running costs, a Portuguese bank account is necessary. We are happy to introduce you to trusted banking contacts who can assist.
Step 4: Sign the Promissory Contract (cpcv)
Once due diligence is complete, both parties sign a promissory contract which sets out the terms of sale. A deposit of 10 to 30 percent is usually paid at this stage.
Step 5: Sign the Final Deed (Escritura)
The transaction concludes with the signing of the final deed in front of a notary. At this point, the remaining balance is paid and the property is officially registered in your name.
When Buying Through a Company
If the property is held by a corporate structure, either offshore or onshore, the transaction may involve the transfer of company shares instead of a traditional property sale. This process must be carefully evaluated by your lawyer and financial advisor. While it can offer tax and inheritance advantages, it also requires specific legal and fiscal due diligence. We work closely with your advisors to ensure full transparency and security.
Ref: Ar-98
Residents benefit from private security and an exceptional leisure setting, including a swimming pool with on-site bar and restaurant, as well as a tennis court. Perfectly positioned only a short drive from Quinta do Lago beach and set within the protected landscape of the Ria Formosa Natural Park, this is an ideal retreat for refined holidays, year-round living, or a discerning investment in one of Portugal’s most prestigious addresses.
The Buying Process in Portugal?
A Clear Path to Property Ownership
At Alina Reis Bespoke Luxury & Advisory, we offer personalised guidance throughout every stage of your purchase, ensuring peace of mind from start to finish. Here is how the process typically unfolds:
Step 1: Appoint Legal Representation
Begin by selecting a reputable Portuguese lawyer. They will carry out all due diligence, confirm the legal status of the property, and handle the transaction on your behalf if needed.
Step 2: Obtain a Portuguese Tax Number (nif)
This number is required to purchase property in Portugal. Your lawyer can secure it on your behalf with a simple copy of your passport and proof of address.
Step 3: Open a Local Bank Account
To complete the purchase and manage future running costs, a Portuguese bank account is necessary. We are happy to introduce you to trusted banking contacts who can assist.
Step 4: Sign the Promissory Contract (cpcv)
Once due diligence is complete, both parties sign a promissory contract which sets out the terms of sale. A deposit of 10 to 30 percent is usually paid at this stage.
Step 5: Sign the Final Deed (Escritura)
The transaction concludes with the signing of the final deed in front of a notary. At this point, the remaining balance is paid and the property is officially registered in your name.
When Buying Through a Company
If the property is held by a corporate structure, either offshore or onshore, the transaction may involve the transfer of company shares instead of a traditional property sale. This process must be carefully evaluated by your lawyer and financial advisor. While it can offer tax and inheritance advantages, it also requires specific legal and fiscal due diligence. We work closely with your advisors to ensure full transparency and security.
Ref: Ar-98
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