Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Hero Image
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Lagos (São Sebastião e Santa Maria)
Sao Goncalo de Lagos | Algarve

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Mimosaproperties - Real Estate
Mimosaproperties - Real Estate
Presented At
€1,065,000
Bedrooms
3
Bathrooms
2
Living
5,318
SQM
Office
Stone Countertops
Air Conditioning
Elevator
Washer Dryer
Bar
Terrace
Garage
Pergola
Outdoor Living Space
Parking
Garden
Balcony
Pool
Outdoor Kitchen
Water View
Sea View
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 1
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 2
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 3
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 4
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 5
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 6
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 7
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 8
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 9
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Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 11
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 12
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 13
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Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 16
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Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 18
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Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 20
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Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 24
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 25
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 26
Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. - Photo 27
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Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal. , Sao Goncalo de Lagos , Algarve

Unique penthouse at Meia Praia T3 with major topfloor terrace with amazing seaviews

This beautiful UNIQUE penthouse in Lagos near the 'Meia Praia' with more then 300m2 roof terrace offers 360 degrees amazingsea views and panoramic sights over Lagos and surroundings. The apartment has been completely remodelled and is situated, walkingdistance from the 'Meia Praia' and the popular 'Marina' in a complex with a condominium pool. Details Entrance, hall, living room with an open plan luxury kitchen. From the living room, access to a small balcony and the major roof terrace withamazing sea views. Spacious master bedroom with a luxurious en-suite bathroom, second guestroom and a third bedroom in use as a study and a second bathroom  Caracteristics Roofterrace of 320m2                                                         Toplocation 'Meia Praia'Walking distance from the beach ' Meia Praia'                  Walking distance from the 'Marina' Fully insulated, double glazed                                             Airconditioning, heating-system Amazing views over the coastline and the sea                   Two parking places in the garageCompletely remodeled 2 years ago                                    LiftPool                                                                                     Outside kitchen. This penthouse is an absolute unique penthouse with it´s beautiful terrace, views, comfort and luxury.Who is looking for an exceptional apartment with amazing views, a must to see.  

Gallery

3D Street View Tour

Map showing Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal.

Property Location

Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal., Sao Goncalo de Lagos Algarve

Local Weather & Climate

Sao Goncalo de Lagos, Algarve

Current Conditions Updated recently
57 °F
Overcast clouds
Feels Like 57°F
Humidity 93%
Wind 10 mph
Visibility 6.2 mi
Sunrise 7:39 AM
Sunset 5:56 PM
5-Day Forecast
Fri 30 Jan
Rain
High 60°
Low 58°
Sat 31 Jan
Clouds
High 59°
Low 52°
Sun 1 Feb
Rain
High 61°
Low 57°
Mon 2 Feb
Rain
High 59°
Low 51°
Tue 3 Feb
Rain
High 57°
Low 51°
Annual Climate Based on last 12 months
58° Avg Low
Jan
73° Avg High
Jul
127 Rainy Days
per year
Arid
Semi-Arid
Moderate
Wet
31.7" Annual Rainfall
Semi-Arid climate
Monthly Temperatures
Jan
60°
50°
Feb
63°
52°
Mar
66°
53°
Apr
70°
55°
May
73°
58°
Jun
82°
64°
Jul
86°
67°
Aug
84°
66°
Sep
85°
68°
Oct
77°
63°
Nov
67°
54°
Dec
61°
50°
Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Sao Goncalo de Lagos?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Portugal)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Sao Goncalo de Lagos. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $106,500,000 20% down ($21,300,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$9,152
$9,152/day
Your home may appreciate while you sleep
$64,237/week $278,359/mo $3,340,305/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$58.6M
vs
OWN 📈 +$83.1M
$83.1M Potential Equity
vs $58.6M lost to rent over 10 years
$21.3M Down Payment Growth
3.9x
10yr
$83.1M
8.1x
20yr
$172.1M
12.6x
30yr
$269.0M
Wealth Comparison
×640
Equivalent to 640 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $269.0M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $125.4M +18%
Market $145.0M +36%
Optimistic $167.4M +57%
$83.1M est. equity
20 Years
Conservative $147.7M +39%
Market $197.5M +85%
Optimistic $263.0M +147%
$172.1M est. equity
30 Years
Conservative $174.0M +63%
Market $269.0M +153%
Optimistic $413.3M +288%
$269.0M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Lagos (São Sebastião e Santa Maria), Faro, Sao Goncalo de Lagos, Algarve, Portugal features 3 bedrooms with 5,318 square feet of living space.
This property offers 5,318 square feet of living space.
This property is listed at $106,500,000, which equals $20026 per square foot.
Based on current market indicators, Sao Goncalo de Lagos shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
Sao Goncalo de Lagos features a pleasant climate. Average temperatures range from 58°F in winter to 73°F in summer. The area receives approximately 31.7 inches of precipitation annually. There are about 127 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.
Sao Goncalo de Lagos tends to be warmest in Jul and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.
This is a apartment located in Sao Goncalo de Lagos, Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.
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Mimosaproperties - Real Estate

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