Stunning contemporary new build villa.
€2,975,000
Praia da Luz, Algarve, Portugal
- 4 bed
- 5 bath
- Villa
About this place
Stunning contemporary new build villa. With sea views, contemporary design and high quality construction & finishes, this wonderful villa has been designed using the concept of Passive House. Designed by one of Portugal's leading architects, this villa is one a several of plan projects offering your the opportunity to customise the design to fit your requirements and have an influence over the final finishes and fittings. The villa will be built to an exceptional standard with a series of characteristics to reduce energy consumption by 75%. These will include exterior walls built with SIPS and ETIC systems with elevated thermal and acoustic resistance, ecological painting without chemical emission, thermal solar panels for water heating and photovoltaic panels with battery banks.. The property will also have a covered pool, Jacuzzi and water mirror. *Subject to unit specification, EPC will be available upon completion of the project. Located in Praia da Luz, close to the beach and all amenities, and just a short drive in to the centre of Lagos, in a private and exclusive neighbourhood. 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: Leisure Facilities, Modern, Coastal, Garden, New Build, Swimming Pool, Terrace, Village, Private Parking, Sea 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
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
