Algarve, Almancil, Portugal

Nestled within an exclusive development, this elevated plot presents a rare opportunity to create a bespoke luxury residence in one of the Algarve’s most coveted locations. Located in Almancil, between the world-renowned resorts of Quinta do Lago and Vale do Lobo, this elite residential area offers exclusivity, privacy, and proximity to the region’s finest amenities.

With an approved project for an exquisite 5-bedroom villa, this property is designed to deliver the ultimate in contemporary living. Spanning two floors, the villa will feature expansive open-plan living areas, elegant modern architecture, and large windows that invite an abundance of natural light while seamlessly blending indoor and outdoor spaces. A private swimming pool enhances the appeal, providing an idyllic retreat in the heart of the Algarve.

Positioned in a tranquil and elevated setting, this plot benefits from breathtaking views over the lush pine tree forest that surrounds the area. The peaceful environment ensures a sense of seclusion while still being moments away from golden beaches, championship golf courses, and world-class dining options. The carefully planned villa design maximises the advantages of this privileged setting, offering a sophisticated yet relaxed lifestyle in harmony with nature.

This distinguished residential enclave in Almancil is renowned for its luxury homes and upscale living. Just a short drive from the pristine beaches of Ancão and Garrão, the location provides direct access to the Ria Formosa Natural Park’s stunning coastal scenery. Almancil itself is a vibrant town that serves as the gateway to the Algarve’s Golden Triangle, offering a wide range of high-end amenities, from Michelin-starred restaurants to exclusive boutiques and premier golf resorts.

Residents in this area enjoy a lifestyle defined by elegance and convenience, with Quinta do Lago and Vale do Lobo mere minutes away. These esteemed resorts boast exceptional leisure facilities, including championship golf courses, luxury spas, exclusive beach clubs, and gourmet dining experiences, ensuring an unparalleled quality of life.

This exceptional plot is an outstanding investment prospect, whether for those seeking a primary residence, a holiday home, or a high-yield rental property in one of Portugal’s most sought-after destinations.

The Buying Process in Portugal‍

A Clear Path to Property Ownership

At Alina Reis Bespoke Luxury & Advisory, we offer personalised guidance throughout every stage of your purchase, ensuring peace of mind from start to finish. Here is how the process typically unfolds:

Step 1: Appoint Legal Representation
Begin by selecting a reputable Portuguese lawyer. They will carry out all due diligence, confirm the legal status of the property, and handle the transaction on your behalf if needed.

Step 2: Obtain a Portuguese Tax Number (NIF)
This number is required to purchase property in Portugal. Your lawyer can secure it on your behalf with a simple copy of your passport and proof of address.

Step 3: Open a Local Bank Account
To complete the purchase and manage future running costs, a Portuguese bank account is necessary. We are happy to introduce you to trusted banking contacts who can assist.

Step 4: Sign the Promissory Contract (CPCV)
Once due diligence is complete, both parties sign a promissory contract which sets out the terms of sale. A deposit of 10 to 30 percent is usually paid at this stage.

Step 5: Sign the Final Deed (Escritura)
The transaction concludes with the signing of the final deed in front of a notary. At this point, the remaining balance is paid and the property is officially registered in your name.

When Buying Through a Company
If the property is held by a corporate structure, either offshore or onshore, the transaction may involve the transfer of company shares instead of a traditional property sale. This process must be carefully evaluated by your lawyer and financial advisor. While it can offer tax and inheritance advantages, it also requires specific legal and fiscal due diligence. We work closely with your advisors to ensure full transparency and security.
REF: AR-41