Designed by Pritzker winners RCR Arquitectes, the Palmares Signature Apartments are grouped in stylish clusters to allow each the opportunity to take in the sweeping ocean views.
Modern finishes, stylish design and practical living spaces make the apartments ideal for holiday stays or for longer visits and all take advantage of the stunning natural beauty of the area with outdoor terraces.
Over 80% has now been reserved
→ Palmares enjoys a fantastic location and is a unique destination for those looking to reside or spend their holidays.
→ Location just 10 minutes away by car from the city of Lagos, considered several times by TripAdvisor as the best holiday destination in the world.
→ The terrain’s topography, whose shape is similar to a natural amphitheatre, provides a magnificent setting with views of the sea and the Alvor estuary.
→ The Resort is surrounded by the award-winning 27-hole golf course, signed by the famous architect Robert Trent Jones Jr.
→ The 5-star Boutique Hotel – Palmares Beach House (opened in 2017) offers breath-taking views of the sea from every room.
→ The property extends to the tranquil sandy beach of Meia Praia, and you can easily walk to the seafront from the centre of the Resort.
→ The new Clubhouse, designed by RCR Arquitectes, winners of the Pritzker Architecture Prize, is already an icon in Portugal, integrating a Michelin-starred restaurant, Al Sud.
The city of Lagos
The main town of Lagos has a population of approximately 22,000 residents, while the municipality supports a resident population of 31,000 inhabitants.
Lagos is one of the most visited cities in the Algarve and Portugal, due to its variety of tourist-friendly beaches, bars, restaurants, and hotels, renowned for its summer nightlife and parties. Yet, Lagos is also a historic centre of the Portuguese Age of Discovery, frequent home of Henry the Navigator, historical shipyard and, at one time, centre of the European slave trade.
In 2012, travel website TripAdvisor, classified Lagos as the number 1 travel destination, on a list of “15 destinations on the rise” worldwide.
Lagos also holds a “Quality Coast Gold Award” for environmental quality, cultural heritage and local identity. One of the highlights is Ria de Alvor estuary which is internationally recognised for ecological uniqueness.
Another accolade was gained by the Lagos Marina which was the first 5-star Marina in the Iberian Peninsula.
1) Increasingly rare opportunity to invest / reside in a Resort with sea views, and within walking distance of the beach.
2) Low building density indexes (5.7%), where the architecture is combined with the natural landscape.
3) The Palmares Golf course is considered one of the best in Europe, having been awarded multiple times.
4) Great strength and proven experience of the Shareholders.
5) Significant capital appreciation, driven by current investments and continued resort development.
Prices & Payment conditions
1 bedroom Apartment: €600.000 (facing East)
1 bedroom Apartment: € 690.000 (facing South)
3-bedroom duplex Apartment: €1.600.000
Reservation Deposit: €15.000
Promissory Contract (SPA): 10% minus the deposit
4 months later: 10%
8 months from SPA: 10%
12 months from SPA: 10%
Final deed: 60%
TIME FRAME for construction and conclusion of works
Start of works: Last quarter of 2022
Conclusion: Third quarter of 2024