Exclusive brand new penthouse in "The V" between Quinta do Lago and Vale do Lobo.

€2,150,000

Vale do Lobo, Algarve, Portugal

  • 4 bed
  • 5 bath
  • 163 m²
  • Penthouse

About this place

Exclusive brand new penthouse in "The V" between Quinta do Lago and Vale do Lobo. An exceptional four bedroom penthouse within THE V, an exclusive private development of 20 premium residences, ideally located between Quinta do Lago and Vale do Lobo, in the Algarve’s most prestigious setting. This brand-new residence offers panoramic views, expansive outdoor living, and sophisticated design in a rare and beautifully considered layout. Occupying a prime position, this single-level penthouse boasts a private rooftop terrace with a private swimming pool, outdoor kitchen, and generous dining and lounging areas. It is all set against a backdrop of distant sea views and natural pine parkland, the perfect environment for entertaining or relaxing in complete privacy. The property features a bespoke kitchen with state-of-the-art appliances and elegant stone finishes, seamlessly connected to a spacious open-plan living and dining area. Four en suite bedrooms offer comfort and privacy, each finished with refined materials and attention to detail. The principal suite enjoys direct access to the terrace and a luxurious bathroom with a freestanding bath and walk-in shower. Residents of THE V benefit from dedicated concierge services, underground parking, private storage, and 24-hour monitored security. The development is set beside The Park, a preserved pine woodland with Mediterranean planting, walking trails, a yoga platform, an herb garden, and a peaceful atmosphere that promotes wellbeing. Located just three kilometres from golden beaches, award-winning golf courses, and only twenty minutes from Faro International Airport, this is a rare opportunity to own a landmark penthouse in one of the Algarve’s most sought-after addresses. **Images used are for illustrative purposes only and are non-contractual.** EPC: A Please note that all distances and measurements are approximate and, for security reasons, do not represent the property's exact location. For more information on the precise location of the property and its surrounding area, please contact the listed Property Adviser. Features: Modern, New Build, Swimming Pool, Garden View

Buying property in Portugal

Full guide →

Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.

The buying process

  1. 1

    Get a NIF

    Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.

  2. 2

    Open a bank account

    Open a local account to handle the deposit, taxes, and ongoing utility payments.

  3. 3

    Engage a lawyer

    Hire an independent lawyer (not the seller's) to run title and planning searches.

  4. 4

    Sign the CPCV

    Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.

  5. 5

    Final searches & funds

    Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.

  6. 6

    Escritura (deed)

    Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.

  7. 7

    Register the property

    Lawyer registers the new ownership at the Land Registry (Conservatória do Registo Predial).

  • NIF (tax number)
  • Portuguese bank account
  • Passport / ID
  • Fiscal representative(optional)

    Required for non-EU/EEA residents

The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023). Mortgages are available to non-residents, typically up to 60–70% LTV.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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€2,150,000