Lagos, Algarve, Portugal — 2-Bed Terrace Apartment With Sea Views & Two Terraces
I'm interestedAbout This Property
Just a short walk from some of the Algarve's most celebrated beaches, this new-build terrace apartment in Lagos blends easy access to the sea with a wealth of leisure and wellness facilities. Surrounded by nature, the coastline and the relaxed Portuguese lifestyle, it makes an effortless base for holidays on Portugal's southern coast.
Two covered terraces, facing east and south-west, extend the living space throughout the day: the east-facing terrace off the bedroom catches the morning sun and looks out to sea views and open countryside, while the south-west-facing terrace holds the light into the evening for al fresco dinners.
Features & Amenities
- New-build terrace apartment
- Popular location in Lagos on the Algarve
- Views of the sea and the surrounding countryside
- Two covered terraces facing east and south-west
- Shared indoor and outdoor pools with a hot tub
- Fitness and wellness area with sauna
- Praia Dona Ana within walking distance
- Snorkelling, water sports and boat trips nearby
- Historic old town of Lagos a short walk away
- Boavista Golf & Spa and tennis & padel courts minutes away
How Co-Ownership Works
- You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
- 44 nights a year, minimumStays are scheduled fairly between the co-owners across the whole year.
- Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
- Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
- You set the resale priceThe share then goes on the open market.
- Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.
What a night here really costs
Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.
Prefilled with this home: €154k for a 1/8 share of a €1.2M home.
Assumptions
Example figures: change them to your own. This home's real running costs are a button away below.
What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.
Rent every year
€410
per night you stay
- Real cost over 10 years
- €180,400
- Money tied up
- None
- Back when you sell
- Nothing
- Nights a year
- 44
Co-own a 1/8 share
€246
per night you stay
- Real cost over 10 years
- €108,020
- Money tied up
- €166,320
- Back when you sell
- €146,300
- Nights a year
- about 44
Buy the whole home
€1,964
per night you stay
- Real cost over 10 years
- €864,161
- Money tied up
- €1,330,560
- Back when you sell
- €1,170,400
- Nights a year
- 44 of 365
At 44 nights a year, owning a share works out at €246 a night: €164 a night less than renting and €1,719 less than owning the whole home for the same stays.
Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.
What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.
Want the real numbers for this home?
We'll send its yearly running costs with the full photos and floor plans.
Enquire About This Property
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