Excellent opportunity for sale of a plot with luxury project with in Vale do Lobo resort
€2,725,000
Vale do Lobo, Algarve, Portugal
- 0 bed
- 0 bath
- Land
About this place
Excellent opportunity for sale of a plot with luxury project with in Vale do Lobo resort A 1,700 sq m plot situated within the luxury Vale do Lobo resort and near to the local amenities, renowned golf courses and beautiful beaches. The plot allows for the construction of a property with a 600 sq m build area (227sq m ground floor, 113sq m first floor and 260sq m basement) in addition to a roof terrace with 100 sq m. This will provide a total of 700 sq m of living. An approved project has been designed by the local, well-known architect Jaime Coutinho. The project is the design of a modern 5-bedroom villa with straight architectural lines, set over 4 levels with lift access. It includes various open plan spacious living spaces, a roof terrace offering views over the golf course and sea in the distance, plus a large basement ideal for additional accommodation, storage and entertainment areas. Get in touch to find out more information about the project design. EPC exempt Please note all distances and measurements are approximate and for security reasons, are not representative of the exact location of the property. For more information on the precise location of the property and its surrounding area, please contact the listed Property Adviser. Features: Village
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
Get a NIF
Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.
- 2
Open a bank account
Open a local account to handle the deposit, taxes, and ongoing utility payments.
- 3
Engage a lawyer
Hire an independent lawyer (not the seller's) to run title and planning searches.
- 4
Sign the CPCV
Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.
- 5
Final searches & funds
Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.
- 6
Escritura (deed)
Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.
- 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
