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Global Properties

2 bedrooms Duplex in Lagos, Portugal No. 150614

$ 1 527 841
28.03.2025 $ 1 681 215
2 Bedrooms
3 Bathrooms
Lagos, Portugal
Parameters
Bedrooms
2
Bathrooms
3
ID
150614
Type
Duplex
Property description
This luxury 3 (2+1) bedroom duplex property is one of the prestigious Signature Apartments in phase one.
Designed by Pritzker winners, RCR Arquitectes, these apartments are grouped in stylish clusters, offering modern finishes, unique design and practical living spaces. Perfect for permanent residence, an ideal holiday home or a rental investment. Located at the heart of Palmares resort, within walking distance to the Clubhouse, with a privileged view to the Alvor estuary, the Atlantic and the golf course.

The apartment is on 2 floors - on the ground floor is the entrance hallway, open plan lounge and fully fitted kitchen, en-suite bedroom, office (3rd bedroom) and bathroom. On the first floor we find the master suite. There are extensive private covered and open terraces. The unit includes 2 garage spaces and a private storage area. Sold fully furnished and equipped offering a turn-key solution. There are golf discounts available to owners and well as in the restaurants and hotel.
The resort offers an optional, flexible rental operation, with interesting ROI.

Resort Overview:
Palmares represents one of the last opportunities to own a resort property in the Algarve within walking distance to the beach, with panoramic ocean views. The concept is to create a luxury residential integrated resort of beach, golf and tourism set in a unique location next to the ocean. The land ends in a 4 km sandy quiet beach at walking distance from the resort centre. Just 5 minutes' drive to Lagos and 45 minutes' drive from Faro international airport.
The resort is surrounded by a multi award winning golf course, with 27 holes by Robert Trent Jones Jr. with a very lively Golf Club (approximately 300 members) of different nationalities and Clubhouse, with panoramic ocean-views.
The Masterplan of the resort (200 hectares) foresees the construction of 460 units, of which 103 will be Villas and a total of 357 apartments. There will also be a new international 5 star hotel with 172 rooms and an important set of sports and leisure facilities to complement the existing 5-star boutique hotel.
24 hour security and access to a wide range of maintenance and services available.
Features
Location
  • Golf view
Features
  • Terrace
  • Furnished
Indoor facilities
  • Storage room
  • Garage
Outdoor features
  • Garden
  • Swimming pool
Statistics Lagos
$ 3 343
Price per m²
0
Quality of Life Index
31
Cost of living Index
Parameters
[:second_city:]
Lagos
Difference
Monthly Rent Cost
1-Room Apartment
$ 602
2-Room Apartment
$ 363
Apartment Purchase Price per m²
In the City Center
$ 3 343
Outside the City Center
$ 1 800
Crime Index
69
Cost of Living and Rent Index
28
Purchasing Power Index
8
Property Price to Income Ratio
124
Safety Index
31
Traffic CO₂ Index
8615
Traffic Inefficiency Index
396
Rent Index
24
Health Care Index
47
Groceries Index
31
Pollution Index
89
Traffic Commute Time Index
68
Restaurant Price Index
30
Climate Index
61
Cost of Living Index
31
Quality of Life Index
0
Traffic Index
349
Restaurants
Meal, Inexpensive Restaurant
$ 3.00
Meal for 2 People, Mid-range Restaurant, Three-course
$ 50.00
McMeal at McDonalds (or Equivalent Combo Meal)
$ 7.04
Domestic Beer (0.5 liter draught)
$ 1.00
Imported Beer (0.33 liter bottle)
$ 2.00
Coke/Pepsi (0.33 liter bottle)
$ 0.51
Water (0.33 liter bottle)
$ 0.28
Cappuccino (regular)
$ 2.44
Markets
Milk (regular), (1 liter)
$ 2.71
Loaf of Fresh White Bread (500g)
$ 1.21
Eggs (regular) (12)
$ 1.70
Local Cheese (1kg)
$ 6.27
Water (1.5 liter bottle)
$ 0.34
Bottle of Wine (Mid-Range)
$ 3.12
Domestic Beer (0.5 liter bottle)
$ 0.66
Imported Beer (0.33 liter bottle)
$ 0.91
Cigarettes 20 Pack (Marlboro)
$ 1.28
Apples (1kg)
$ 2.59
Chicken Fillets (1kg)
$ 4.11
Oranges (1kg)
$ 1.97
Potato (1kg)
$ 1.92
Lettuce (1 head)
$ 1.96
Rice (white), (1kg)
$ 1.45
Tomato (1kg)
$ 1.85
Banana (1kg)
$ 1.83
Onion (1kg)
$ 1.90
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 4.28
Transportation
One-way Ticket (Local Transport)
$ 0.72
Monthly Pass (Regular Price)
$ 36.35
Gasoline (1 liter)
$ 0.65
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 20 363
Taxi Start (Normal Tariff)
$ 1.22
Taxi 1km (Normal Tariff)
$ 2.20
Taxi 1hour Waiting (Normal Tariff)
$ 4.69
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 20 566
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 115
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 31.85
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 8.82
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 104
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
18%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 31.25
Tennis Court Rent (1 Hour on Weekend)
$ 9.11
Cinema, International Release, 1 Seat
$ 5.82
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 18.13
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 25.21
1 Pair of Nike Running Shoes (Mid-Range)
$ 64.61
1 Pair of Men Leather Business Shoes
$ 53.42
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 670
International Primary School, Yearly for 1 Child
$ 19 718
Contact seller
Contact seller

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