Exceptional Sea & Golf View plot for sale on Palmares Golf Resort, Algarve

Lagos, Portugal

For Sale

€2,500,000

REF: 974581 €2,500,000


Description

For those seeking breathtaking views of both the sea and the golf course, Plot n 5 at the prestigious Palmares Golf Resort is a rare gem. Set in one of the most remarkable locations in the Algarve, this plot offers sweeping 360 vistas that span the manicured greens of the course, the golden 4km stretch of Meia Praia beach, the charming town of Lagos, and the dramatic cliffs of Ponta da Piedade.

The plot itself is exceptionally spacious at 4,114m , with a generous building allowance of 500m providing the perfect canvas to design a signature Algarvean villa. Just a short buggy ride from the beach and the award-winning Palmares course, this is a prime opportunity to create your dream home in one of the most sought-after destinations in the Western Algarve.

Palmares Golf Resort is more than just a location it's a lifestyle. Home to a 27-hole, award-winning course designed by the legendary Robert Trent Jones Jr., the resort is a benchmark of luxury living. Its low-density development features architecturally acclaimed properties, a stylish clubhouse offering all your favorites alongside a fine dining restaurant, and a modern boutique hotel.

With the addition of the new JW Marriott hotel, Palmares is set to become a global symbol of refined living all set within a stunning natural landscape that inspires at every turn. Beyond the lifestyle, the potential for investment growth here is immense. As demand continues to rise for high-end, low-density developments in prime coastal locations, opportunities like Plot n 5 are increasingly rare making this not only a dream home location, but a smart long-term investment.
For those seeking breathtaking views of both the sea and the golf course, Plot n 5 at the prestigious Palmares Golf Resort is a rare gem. Set in one of the most remarkable locations in the Algarve, this plot offers sweeping 360 vistas that span the manicured greens of the course, the golden 4km stretch of Meia Praia beach, the charming town of Lagos, and the dramatic cliffs of Ponta da Piedade.

The plot itself is exceptionally spacious at 4,114m , with a generous building allowance of 500m providing the perfect canvas to design a signature Algarvean villa. Just a short buggy ride from the beach and the award-winning Palmares course, this is a prime opportunity to create your dream home in one of the most sought-after destinations in the Western Algarve.

Palmares Golf Resort is more than just a location it's a lifestyle. Home to a 27-hole, award-winning course designed by the legendary Robert Trent Jones Jr., the resort is a benchmark of luxury living. Its low-density development features architecturally acclaimed properties, a stylish clubhouse offering all your favorites alongside a fine dining restaurant, and a modern boutique hotel.

With the addition of the new JW Marriott hotel, Palmares is set to become a global symbol of refined living all set within a stunning natural landscape that inspires at every turn. Beyond the lifestyle, the potential for investment growth here is immense. As demand continues to rise for high-end, low-density developments in prime coastal locations, opportunities like Plot n 5 are increasingly rare making this not only a dream home location, but a smart long-term investment.
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Currency Exchange

Lagos, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,500,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€2,500,000 £2,063,625 £2,180,025 £116,400
Property Price € €2,500,000
Minimum cost in the last six months £2,063,625
Maximum cost in the last six months £2,180,025
Fluctuating exchange rates over the last six months could have increased the cost of this property by £116,400

Lagos, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,500,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€2,500,000 £2,063,625 £2,180,025 £116,400
Property Price € €2,500,000
Minimum cost in the last six months £2,063,625
Maximum cost in the last six months £2,180,025
Fluctuating exchange rates over the last six months could have increased the cost of this property by £116,400

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £116,400 more.

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