Outstanding 5-bedroom home with panoramic sea views in Funchal, Lagos, Algarve.

€3,100,000

Funchal, Algarve, Portugal

  • 5 bed
  • 5 bath
  • 580 m²
  • Villa

About this place

Outstanding 5-bedroom home with panoramic sea views in Funchal, Lagos, Algarve. This excellent property is located on the Matos Morenos ridge between Lagos and Vila da Luz on 11,420 sqm of private grounds. Positioned on a commanding hilltop in Funchal, Lagos—one of the most sought-after and stable residential areas in the Algarve—this rare property combines location, lifestyle, and long-term value like few others on the market. Set within an established urbanization, the property offers not only the peace of mind of secure infrastructure and utilities, but also the assurance of surrounding high-quality development—making it an ideal investment for both private use and future resale or rental potential. The estate sits on an exceptionally large plot, far above average for the area, providing total privacy, lush mature gardens, and the space to truly enjoy Algarve living. Just a short drive to the Lagos city centre and with easy access to the West Coast’s natural beaches, this location is a perfect balance of serenity and convenience. The property comprises a 2-bedroom main house, a 2-bedroom cottage, a 1-bedroom apartment, a heated swimming pool, a sauna and a cinema. At the heart of the property is a recently renovated, meticulously maintained 580 sqm residence that’s ready to move in. This is a huge advantage in a market where ready-to-enjoy properties in premium locations are increasingly rare. Designed for comfort and lifestyle, the property features expansive south-facing terraces, an infinity pool with sweeping sea views, an open-plan kitchen, and multiple outdoor lounging and dining areas. The property also benefits from a cinema room, a sauna, and a jacuzzi. EPC is pending. 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: Garden, Sauna, Swimming Pool, Terrace, Private Parking, Cinema Room

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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€3,100,000