Stunning 4-Bedroom Penthouse with Panoramic Views, Lagos

Lagos, Faro, Portugal, 8600-607

For Sale

€845,000

REF: 905113 €845,000


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Description

Stunning 4-bed, 5-bath penthouse in central Lagos offers breathtaking views, elegant design, and modern comforts. Features include terraces, private garage, updated kitchen, and exclusive direct elevator access. Discover this extraordinary two-story, 4-bedroom, 5-bathroom penthouse in central Lagos, offering sweeping views over Meia Praia beach and the historic town below.

Nestled within a well-kept, 10-unit building from the 1970s, this rare property blends vintage charm with the latest conveniences, creating an ideal retreat that combines spacious comfort, timeless character, and modern elegance. The layout is thoughtfully divided across two levels, maximizing space and privacy.

The upper floor houses an expansive lounge, featuring a distinctive fireplace and two large windows framing breathtaking views of the Lagos coastline. Step out onto the south-facing terrace to bask in the Algarve sun and enjoy the stunning scenery. Adjacent to the lounge is an elegant dining room and a contemporary kitchen, fully equipped with modern appliances.

A separate laundry room and a guest WC nearby add practical convenience. On the lower level, you ll find four generously sized bedrooms, designed with privacy and relaxation in mind. The two front bedrooms open to picturesque views of Meia Praia beach, creating bright, tranquil spaces. Meanwhile, the rear bedrooms each lead to private balconies with charming town views, offering a more secluded outdoor retreat. Recently upgraded in 2023-24, the penthouse features new A+ double-glazed windows, a high-efficiency Daikin heating and cooling system in each room, and an upgraded high-end kitchen.

These updates thoughtfully enhance the home s unique style while delivering modern comfort. Outstanding Features: Private Double Garage with Workshop: A rare double-length garage includes a dedicated workshop space, fully equipped with water and electricity ideal for storage or creative projects. Dedicated Laundry Room: A spacious laundry room with a high-capacity 11 kg stacked washer and dryer offers convenience for larger households. Elegant Marble Staircase: A striking marble staircase within a turreted alcove adds architectural charm and sophistication. Terrace Access from Every Room: Each bedroom and main living area opens to a private terrace, creating multiple outdoor spaces and filling the home with natural light. Direct Elevator Access: Enjoy easy access with a direct elevator to both the third and fourth floors. Originally owned by a prominent Lisbon family as a holiday retreat, this penthouse has been meticulously preserved and tastefully furnished with a blend of vintage and contemporary pieces (available for negotiation), giving it a timelessly chic aesthetic. If you seek a unique residence with remarkable views, abundant space, and timeless charm, this penthouse in central Lagos is an exceptional find. Contact us today to arrange a viewing of this remarkable property.
Stunning 4-bed, 5-bath penthouse in central Lagos offers breathtaking views, elegant design, and modern comforts. Features include terraces, private garage, updated kitchen, and exclusive direct elevator access. Discover this extraordinary two-story, 4-bedroom, 5-bathroom penthouse in central Lagos, offering sweeping views over Meia Praia beach and the historic town below.

Nestled within a well-kept, 10-unit building from the 1970s, this rare property blends vintage charm with the latest conveniences, creating an ideal retreat that combines spacious comfort, timeless character, and modern elegance. The layout is thoughtfully divided across two levels, maximizing space and privacy.

The upper floor houses an expansive lounge, featuring a distinctive fireplace and two large windows framing breathtaking views of the Lagos coastline. Step out onto the south-facing terrace to bask in the Algarve sun and enjoy the stunning scenery. Adjacent to the lounge is an elegant dining room and a contemporary kitchen, fully equipped with modern appliances.

A separate laundry room and a guest WC nearby add practical convenience. On the lower level, you ll find four generously sized bedrooms, designed with privacy and relaxation in mind. The two front bedrooms open to picturesque views of Meia Praia beach, creating bright, tranquil spaces. Meanwhile, the rear bedrooms each lead to private balconies with charming town views, offering a more secluded outdoor retreat. Recently upgraded in 2023-24, the penthouse features new A+ double-glazed windows, a high-efficiency Daikin heating and cooling system in each room, and an upgraded high-end kitchen.

These updates thoughtfully enhance the home s unique style while delivering modern comfort. Outstanding Features: Private Double Garage with Workshop: A rare double-length garage includes a dedicated workshop space, fully equipped with water and electricity ideal for storage or creative projects. Dedicated Laundry Room: A spacious laundry room with a high-capacity 11 kg stacked washer and dryer offers convenience for larger households. Elegant Marble Staircase: A striking marble staircase within a turreted alcove adds architectural charm and sophistication. Terrace Access from Every Room: Each bedroom and main living area opens to a private terrace, creating multiple outdoor spaces and filling the home with natural light. Direct Elevator Access: Enjoy easy access with a direct elevator to both the third and fourth floors. Originally owned by a prominent Lisbon family as a holiday retreat, this penthouse has been meticulously preserved and tastefully furnished with a blend of vintage and contemporary pieces (available for negotiation), giving it a timelessly chic aesthetic. If you seek a unique residence with remarkable views, abundant space, and timeless charm, this penthouse in central Lagos is an exceptional find. Contact us today to arrange a viewing of this remarkable property.
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Property on Map

#A1202

Currency Exchange

Lagos, Faro, Portugal, 8600-607

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 €845,000 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
€845,000 £699,922 £726,235 £26,313
Property Price € €845,000
Minimum cost in the last six months £699,922
Maximum cost in the last six months £726,235
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,313

Lagos, Faro, Portugal, 8600-607

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 €845,000 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
€845,000 £699,922 £726,235 £26,313
Property Price € €845,000
Minimum cost in the last six months £699,922
Maximum cost in the last six months £726,235
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,313

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 £26,313 more.

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