Lagos

Lagos has something for everyone with an historic walled old town, modern marina and Meia Praia, a very long sandy beach sheltered to the north by a gentle slope dotted with comfortable villas.

Climate

Average temperatures are at their lowest in January at 15.5ºc and hottest in August at 29.8ºc

History of the area

This historic town has played an important part in the story of discovery of many parts of the world. It was from the harbour that Vasco da Gama sailed in 1499 on his historic and epic voyage of discovery. Lagos was the capital of the Algarve from 1578 until 1756 and there remain several ancient buildings to testify to its historic glory. There are still many architectural signs of its ancient past, even a building dating originally back to around 1445 which is recorded as being Europe’s first building used as a slave market.

Unique points

Besides the boats that find it convenient as a permanent mooring it is usually full of yachts passing on the way or returning from the Mediterranean and the Americas. At the entrance to the harbour is the "Forte da Bandeira" which was constructed in the 17th Century.

Types of property available

Modern apartments in purpose built 2nd home developments with on-site facilites including pools and tennis. Exclusive villas in large plots can be found in the area known as Claiças and Albardeira behind Meia Praia beach. Porto do Mos is a newer area of Lagos cetnred around the beach, there has been a lot of building in the last few years and comprises villas and apartments. The exclusive Funchal ridge contains many sprawling villas in large plots with views over Lagos and the ocean. For golf fans Quinta da Boavista golf resort in Lagos offers town-houses apartments and villas.

Market comment

Lagos is a very popular area for 2nd home owners and the market has mainly been driven by the Brits and Irish with a spattering of Scandanavians, Dutch and Germans. Prices have steadily increased for years until 2009 where we have seen a price correction, however it is still a very safe investment as it will remain a very popular 2nd home location.

Access

Take the A22 motorway from Faro airport leaving at junction 2. ourney time from the airport is approximately 50 minutes.
 


Magnificent Country Residence - New Instruction

 A Superb property comprising of a 5 bedroom main house + 2 bedroom annex and 1 bedroom cottage. Situated in 5.4 hectares 7kms from Lagos, there is a large Pool House and kids pay area and tennis court.

Priced at  €1,195,000.


Construction of villas begins at the stunning Onyria Palmares Golf Resort

 In 2014 Sadler´s are acting as agents for the Onyria Palmares Golf resort, which involves the development of a stunning new project behind Meia Praia beach in Lagos. 

This  unique 200 hectare site is  in the shape of an amphitheatre, offering superb sea views to all plots and views over the golf course.

The resort is surrounded by 27 golf holes designed by the famous Robert Trent Jones Jr. The beach is walking distance to the resort.

The development offers a "design and build" opportunity where after securing a plot you can choose from a selection of architects to create your dream property. There is also the option for project management.

Prices for the finished project will range from €1.1 million to €2.5 million depending on plot and construction size.

Future plans for the site include a 5* hotel, spa and wellness centre, beach club, tennis courts, restaurants, shopping area, 24 hour security and management services and a kids´s club.

This development is certainly one to watch and prices are currently set to reward the "early birds" but will increase as building progresses.

Please request a brochure from Sadler´s Property or view on our website at http://search.knightfrank.com/sad110020