Hyper luxury properties like the Lorenzo Villa in Quinta do Lago don’t come around often. It is the vacation home and investment property that most Londoners could only dream of purchasing.
But, right now, international buyers are snapping up some of the 26 plots of land located around the stunning Quinta do Lago development on the Algarve coast of Portugal.
It is one of the most sought-after areas in the country thanks to its proximity to famous beaches and the town of Faro – which is only a 15-minute drive away. It’s made for quick seaside getaways, longer trips, and as a pure investment opportunity.
The properties here have seen an astounding 7% growth per annum over the last three years, despite Brexit uncertainties. Now seems like the perfect time to buy into the Quinta lifestyle.
What is it?
This brand new luxury show villa is situated in the most exclusive region of the Algarve – the San Lorenzo North development – which is Quinta’s latest release of 26 untouched virgin plots. The new development uniquely faces no architectural restrictions and benefits from stunning lake-front, golf-front and pine grove views. It has also been designed by renowned local architect João Cabrita.
Cabrita note: “The intention behind the Lorenzo Villa was to showcase the architectural potential of the San Lorenzo North development. As a local architect, I have seen the transformation of the styles in Quinta do Lago over the years.
“I therefore wanted to create a fusion of contemporary architecture combined with a classical and everyday family home. The careful layout and attention to detail lends itself both to the day-to-day lifestyle as well as entertaining.”
And it takes full advantage of the stunning landscape too, thanks to the roof terrace elevation which offers 360-degree views of the golf courses, ocean, and nearby nature reserve. Sized at 679metres squared in total, the property features light and spacious living areas and is spread across three floors, including a double-height atrium, a lift, and basement.
With under-floor heating, air conditioning and an intelligent home system, ultimate tech amenities keep the high-end property ticking over with the click of a button, meaning residents can relax in the master bedroom suite, fully-fitted kitchen, or open plan living room.
There’s also a gym, home spa, games room, bar, cinema, office, double garage and a large heated pool. Basically, everything is done to the highest specifications, with no detail being overlooked. And, if the show villa isn’t exactly what you’re after, then the team at Quinta do Lago Real Estate are offering buyers the opportunity to buy an empty plot nearby on which they can build their very own dream home.
Where is it?
The Lorenzo Villa and surrounding plots within the San Lorenzo North development are located right in the heart of the Algarve. Here, epic beaches are aplenty, nature reserves are abounding with vibrant flora and fauna, and the town of Faro (with its own airport) is just around the corner. It couldn’t be better located.
And, residing within the Quinta do Lago resort comes with its own perks. It is best known for the world-class golf course, but there’s so much more going on here – with a big focus on family events.
For example, this summer expect to see full moon parties, decadent picnics and movie nights in the park, BBQ pool parties at the Magnolia Hotel, and a whole host of sporting camps for kids – including rugby, karate, soccer, tennis and dance. The live music nights by the grand lake are nothing to turn your nose up at either.
But, more specifically, the new plots of land fit right in with the original Quinta do Lago master plan established 45 years ago.
Quinta remains a low-rise, low density and ecologically driven region. This is preserved through careful building restrictions which are limited to just 9% amongst 2,000 acres of superb terrain and three renowned golf courses all situated in the protected nature reserve of Ria Formosa.
Sean Moriarty, CEO for Quinta do Lago, said: “Our real estate portfolio is extremely unique for the Algarve. As our resort has grown over the past 45 years, we have continued to respect the natural surroundings while still developing our impressive property offering.
“Through careful and considerate expansion, we are proud to be able to offer buyers from across the globe a very rare opportunity to still purchase land in this region facing significant building restrictions.”
The Lorenzo Villa is available through Quinta do Lago Real Estate and is on the market for EUR7,200,000. Other plots available at San Lorenzo North start from EUR2,800,000.