Vale do Lobo Property News AUTUMN/WINTER 2019/2020

GOLF, BEACH AND FAMILY RESORT

Apartments · Villas · Plots

Seeking new listings

Thanks to the buoyant real estate market in Portugal and the Algarve, the Official Vale do Lobo Real Estate Team is actively seeking new listings – from apartments and linked villas, to detached properties of all sizes and values to meet the growing demand from prospective buyers all keen to invest within Vale do Lobo.

Recently the team has seen a marked increase in interest from prospective buyers looking to purchase plots within the resort to build a property, allowing buyers to be able to build the home of their dreams in one of the most sought after areas of the region. Buying a plot is seen by many as the best way to create a bespoke home as unique as every individual buyer and the Official Team are able to guide buyers every step of the way.

While plots continue to be in high demand, so too do all other properties in Vale do Lobo and the Official Team require new listings to add to their current portfolio of properties for sale in the resort.

With offices located in the heart of the resort in the Parque do Golfe next to the main Resort Reception, the Official Vale do Lobo Real Estate Team is ideally placed to bring buyers and sellers together and also uses a dynamic range of online and offline marketing tools to further promote properties.

Visit the Vale do Lobo Real Estate Team to find out more about the benefits of listing a property or to discover how to become a home owner within the resort today.

THE OFFICIAL REAL ESTATE TEAM

The multilingual Official Real Estate Team are specialised in understanding the unique needs of clients within the resort. Using their considerable knowledge and years of experience, they are able to find an ideal property solution for every client and are able to showcase a wide range of exclusive listings within Vale do Lobo.

We are able to introduce you to the unique and welcoming Vale do Lobo community

You will have access to our portfolio of Vale do Lobo properties and plots

We are able to share our unrivalled knowledge of Vale do Lobo with you

You will benefit from us always going the extra mile to ensure the very best deal and conditions

You can relax knowing that we will be with you every step of the way, even if later you decide to upgrade or sell your property

Our team is able to work closely with the other departments of Vale do Lobo to get the best possible conditions across the resort

You gain access to exclusive advantages only the Official Team can offer!

Call us today or visit us at the Parque do Golfe Sales Office. Tel.: +351 289 353 101 · E-mail: realestate@vdl.pt · www.valedolobo.com

VALE DO LOBO IN BRIEF

Founded in 1962, Vale do Lobo is today the largest luxury resort in Portugal with 450 hectares, and 1500 properties in a unique location by the sea.

Beach

2km golden beach

Golf

Two 18 hole golf courses, the Royal and the Ocean Tennis

One of the largest tennis facilities in Portugal: 14 courts, 2 padel courts, gym and swimming pool

Shopping

Boutique stores, supermarket, newsagents, golf shop, wine shop, hairdresser

Restaurants and bars

15 restaurants and bars

Wellness

Royal Spa, Fitness Centre, Medical Centre

Beach complex (Praça)

Communal pools (adult & children), Live music during the summer, children’s entertainment

Other facilities

Conference facilities, car rental, bank, post office, car valet, art gallery

Other services

24 hour reception 24 hour security vigilance and medical assistance, internal resort bus, property management, property maintenance

Who OWNS A PROPERTY in the resort? OWNER PROFILE

Around 10% of property owners are permanent residents (150 families) helping to create the strong community feeling in the resort and supporting the continuous activities and events.

AREAS OF BUSINESS

REAL ESTATE PLOTS OF LAND

with golf and sea views

Choose from exclusive beachfront and golf-front locations within the resort, and build your own dream home.

OCEANO CLUBE

A SELECTION OF PROPERTIES

Apartments and villas

There is a wide choice of property within the resort from the Official Real Estate Team either for a permanent or holiday home.

VALE REAL

PROPERTY MANAGEMENT

A full property management service for owners and an exclusive guaranteed investment return package on selected properties.

An exclusive beachfront location with plots for custom-built villas.

Plot sizes from 650m2 to 4,500m2 Plot prices from €1.300.000

RENTALS

Choose from a wide range of accommodation options for the perfect Vale do Lobo holiday, from exclusive luxury villas to family friendly apartments.

TOURISM

24 HOUR RECEPTION

Help and assistance 24 hours a day for everyone. The Vale do Lobo reception helps with all needs, from arranging transport to organising babysitting services.

GOLF CLUB

GOLF

LEISURE

The Vale do Lobo Golf Club is one of the most active in Portugal, with competitions being held on the resort courses every single day. Open days, club competitions, tournaments and events help to build the strong community spirit within the club.

BEACH FRONT COMPLEX

Relax by the swimming pool or on the beach before enjoying the restaurants, bars, shops and entertainment in the beach front complex – the Praça – throughout the year.

Prime real estate in a golf front location with detached plots for custom-built villas.

Plot sizes from 840m2 to 1,600m2

Plot prices from €1.150.000

HOLIDAY PACKAGES

Combine a holiday in Vale do Lobo with golf, tennis, spa treatments or special promotions with one of the resort holiday packages.

CORPORATE EVENTS

The Vale do Lobo Auditorium offers a dynamic and modern space for corporate events including meetings and conferences.

OCEAN GOLF COURSE

18 Holes · Par 73 · 6,137m ROYAL GOLF COURSE 18 Holes · Par 72 · 6,059m

EVENTS

Year round events including live musical performances, art exhibitions, children’s entertainment, concerts, charity events and cultural activities.

WELLNESS

A state of the art gym, calming wellness centre, health and beauty treatments, medical centre and dental clinic for total wellness.

BUYING A PROPERTY IN PORTUGAL

Non Habitual Residents (NHR)

This regime allows for tax exemption on almost all income from foreign sources and a flat income tax rate of 20% on the majority of revenue sources, such as salaries. Some other advantages of this special tax regime include:

• Tax exemption on pensions

• Tax exemption on inheritance

• Tax exemption on capital income

• Tax exemption on dividends and interests

Investment advantages Property Taxes & Costs

There are a number of costs related to buying property in Portugal that you need to budget for. In order to help you make your decision, we have collated some important information which you should be aware of when buying and owning properties in Portugal.

Property Purchase Tax (IMT)

Purchase Transfer Tax is a property purchase tax which is to be paid by the buyer before completion. It is calculated by the higher value of either the value of the deeds (sales price) or on the VPT (Valor Patrimonial Tributário - rateable value of property attributed by the tax authorities to calculate property taxes). IMT rate is variable and depends on the type of property and the value of the property -according to a sliding scale, varying between 1% and 6%. For urban plots for construction, the tax rate is fixed at 6,5%.

Stamp Duty, Notarial, registration fees and Legal fees

The stamp duty is calculate at 0,8% of the declared value of the deal. In the event that the sales price is lower than the VPT, the tax is calculated based on the highest amount.

Notarial and registration fees are generally circa €1.500.

Portuguese Residency Visa Permit –– The Golden Visa

This special residency card is aimed at any non EU nationals who are looking to gain a visa to allow free travel in the European Union and Schengen Countries. The Golden Visa is granted to individuals who:

• Buy a property in Portugal of a value equal to or greater than €500.000.

• Complete a minimum period of stay in Portugal of 7 days per year

• After the 5 years investors may apply for permanent residency or citizenship

Annual council tax on real estate property (IMI)

The IMI tax is payable annually. The tax is calculated upon the taxable value (VPT) of the real estate property. The IMI rate is determined by the competent Municipality Assembly for the next year. The applicable rate ranges between 0,3% and 0,45% for urban property and 0,8% for non-urban properties.

Additional Municipal Property Tax (AIMI)

The AIMI is applicable to apartments, houses and plots for construction, excluding non-urban properties and properties of commercial/ service nature.

The taxable value to which the AIMI relates is the sum of the Taxable Patrimonial Value (VPT) of the properties held by each taxpayer, as of January 1st of each year.

The AIMI is applicable when the sum of the VPTs is over €600.000 for privately owned properties as follows:

• Sum of VPTs from €600.000 to €1.000.000: rate of 0,7% applies on the difference.

• Sum of VPTs above €1.000.000: rate of 0,7% on €400.000 + 1% on the value in excess of €1.000.000.

• Company owned properties: rate of 0,4% on the total value

Capital Gains Tax

All acquisition costs can be offset against future capital gains tax liabilities (currently 28% for non-residents and 25% for companies (non-resident) as so are some refurbishments and improvements made to the property, providing they are properly documented, so it is important to keep and file records carefully.

Inheritance Tax

There is no inheritance tax in Portugal for non-residents and for immediate family. On gifts a 0,8% stamp duty is calculated on the VPT. In other cases, a 10% stamp duty will be applied

Mortgages in Portugal

Mortgages for property in Portugal are normally available for up to 75 percent of the value of the bank valuation (loan to value LTV). This generally means you’ll need to find at least a 25 percent deposit and be able to prove your income. Mortgages in Portugal are available over periods of between 5-30 years. Lending criteria & rates vary between mortgage companies.

Note: The above information is general. For specific advice you should contact a lawyer or tax advisor.

PEACE OF MIND

Property Owners

As a property owner in Vale do Lobo you are able to benefit from complete property management and maintenance services offered directly from the resort, allowing for complete peace of mind and the chance to enjoy many discounts and privileges.

Contact the Official Vale do Lobo Real Estate team to find out more about becoming a property owner and a Resort Member – your first step to becoming part of the Vale do Lobo community.

• Security every day of the year and 24 hours a day

• 24-hour front desk services for Owners, family and guests

• Free use of Internal Resort Bus

• Exclusive access to the Club of Clubs members’ lounge Dedicated Reception desk · Business Centre

• Exclusive discounted golf prices

• Discounts and privileges Wellness Centre, Tennis Academy, Kids Club, restaurants, bars and shops

• Free use of Swimming pools at the Praça and Tennis Academy

• Access to a wide range of Property

PORTUGAL'S REVIVAL

REACHES TURNING POINT

Recent figures

70% OF ALL GOLF ROUNDS ARE PLAYED IN THE ALGARVE ATA

MICHELIN STAR RESTAURANTS IN 2019 20 | 6 TODAY’S GOLFER AWARDS 2019

ALGARVE: BEST GOLF DESTINATION (EUROPE)

TODAY’S GOLFER AWARDS 2019

TOURISTS IN PORTUGAL INE

VALE DO LOBO VOTED BEST RESORT IN PORTUGAL

TODAY’S GOLFER AWARDS 2019

PORTUGAL RANKED NUMBER 5 IN THE WORLD AS THE BEST PLACES TO BUY REAL ESTATE IN 2018 LIVE AND INVEST OVERSEAS

WORLD & EUROPE’S BEST GOLF DESTINATION

WORLD GOLF AWARDS

8.9% INCREASE IN TOURISTS STAYING IN PORTUGAL IN 2017 INE

6 OUT OF 10 TOP BEACHES IN PORTUGAL ARE IN THE ALGARVE 2019 TRIP ADVISOR TRAVELLER’S AWARDS

EUROPE’S LEADING BEACH DESTINATION: ALGARVE

WORLD TRAVEL AWARDS WINNER 2017

21.000.000 OVERNIGHT STAYS IN PORTUGAL IN 2017 INE

WORLD'S LEADING DESTINATION: PORTUGAL

WORLD TRAVEL AWARDS WINNER 2018

ALGARVE VOTED WORLD’S BEST PLACE TO RETIRE 2015, 2016, 2017, 2018 & 2019 LIVE AND INVEST OVERSEAS

FOURTH SAFEST COUNTRY IN THE WORLD IN 2018

GLOBAL PEACE INDEX

A SELECTION OF PROPERTIES

Plots, apartments, linked and detached villas

Plot With Sea View

Some of the last true beachfront land available in Portugal; Oceano Clube at Vale do Lobo directly overlooks the Atlantic waves and is flanked by a stunning nature reserve. You can design your own home to take advantage of this privileged location with accommodation spread over three floors and plenty of terraces plus a pool for enjoying the al fresco lifestyle within the resort. Being just a short walk from the beach, yet within easy reach of all the resort has to offer, this is a great opportunity to build the home of your dreams in an enviable location. €1.600.000

Some of the last true beachfront land available in Portugal; Oceano Clube at Vale do Lobo directly overlooks the Atlantic waves and is flanked by a stunning nature reserve. You can design your own home to take advantage of this privileged location with accommodation spread over three floors and plenty of terraces plus a pool for enjoying the al fresco lifestyle within the resort. Being just a short walk from the beach, yet within easy reach of all the resort has to offer, this is a great opportunity to build the home of your dreams in an enviable location.

Walking Distance to the Beach

Some of the last true beachfront land available in Portugal; Oceano Clube at Vale do Lobo directly overlooks the Atlantic waves and is flanked by a stunning nature reserve. You can design your own home to take advantage of this privileged location with accommodation spread over three floors and plenty of terraces plus a pool for enjoying the al fresco lifestyle within the resort. Being just a short walk from the beach, yet within easy reach of all the resort has to offer, this is a great opportunity to build the home of your dreams in an enviable location.

the Beach

Some of the last true beachfront land available in Portugal; Oceano Clube at Vale do Lobo directly overlooks the Atlantic waves and is flanked by a stunning nature reserve. You can design your own home to take advantage of this privileged location with accommodation spread over three floors and plenty of terraces plus a pool for enjoying the al fresco lifestyle within the resort. Being just a short walk from the beach, yet within easy reach of all the resort has to offer, this is a great opportunity to build the home of your dreams in an enviable location.

Prime Beachfront Location

Some of the last true beachfront land available in Portugal; Oceano Clube at Vale do Lobo directly overlooks the Atlantic waves and is flanked by a stunning nature reserve.

One of the most exclusive and impressive plots available from Vale do Lobo, this large site is ideal for clients looking to build an equally impressive property to reflect the prime position and beach front location.

A chance to build a property in one of the most sought after locations, not only within the resort but in Portugal as a whole, this large plot is one that promises to leave a lasting impression.

The

A magnificent five bedroom beachfront property with spectacular views and direct access to the beach. You enter the property on the first floor into a light infused lobby with sea and pool views which then leads towards the master suite with a terraced area. The kitchen, dining and living areas are all also on the first floor, allowing for optimum views of the ocean and easy access between the exterior and interior and to the south facing infinity pool area complete with two tier landscaped gardens.

On the ground level there are three bedrooms flanked by patio areas, while in the basement there are two levels allowing for a cinema area/lounge, wine cellar and access to the fifth bedroom adjacent to the spa. The property is sold fully furnished and equipped. It also includes a 5 year Golf Membership and a 5 year Wellness Membership for two.

Charming Villa in Spacious Plot

Located in the heart of Vale do Lobo this four bedroom villa is set in a cul-de-sac and offers privacy from its location. Although ready to live in, this property would also be a fantastic project for those wishing to create a home away from home.

Entered via main gate onto a paved driveway, the villa sits within mature gardens offering both good sun exposure and seclusion. Accommodation includes a fully fitted and equipped kitchen, a large living room with fireplace and a dining area that opens up to an extensive covered terrace. There are two en suite bedrooms and two other bedrooms with adjoining bathroom.

From its elevated position these 3 bedroom properties are just a short stroll from the beach. Set within a quiet area of the resort the properties offer privacy and seclusion yet are within easy reach of all resort facilities. The careful refurbishment project maintains their picturesque nature and original charm whilst offering comfortable modern interiors.

Fantastic Golf Front Location

€400.000 • CODE SP3 • LINKED VILLA

This charming classically designed one bedroom villa is located alongside the Ocean Golf Course and benefits from lovely views over the golf course.

Two Bedroom Royal Golf Villa

€1.090.000

This two bedroom Royal Golf Villa is an ideal lock-up-and-leave home, intertwining traditional architecture with contemporary lines.

€250.000 • CODE SP10 • APARTMENT

This light and airy studio apartment is conveniently located within walking distance of the Tennis Academy and beach.

Well Located Studio Apartment Spacious Three Bedroom Violeta Apartment

€750.000 • CODE SP11 • APARTMENT

This three bedroom duplex apartment is located within easy walking distance of the Tennis Academy and centrally located to access all resort facilities.

Margarida Apartment with Golf Views

€830.000 • CODE SP13 • APARTMENT

This two bedroom margarida apartment is a luxury property offering the highest standards of accommodation. Situated adjacent to the 12th hole of the Royal Golf Course, the apartment is conveniently located for all resort facilities.

Margarida Apartment with Pool

€950.000

This two bedroom Margarida Apartment is a luxury property offering the highest standards of accommodation, with the interior favouring natural stone, wood and ceramic tiling.

€795.000 • CODE 354 • APARTMENT

This stunning three bedroom duplex apartment is well located close to the Tennis Academy and within walking distance of the beach. The property offers spacious accommodation that has been decorated and furnished to a very high standard, creating a real wow factor throughout.

This magnificent five bedroom villa enjoys breath-taking views of the Atlantic from its privileged elevated position. This fantastic luxury villa with its natural light, open spaces inside and amazing landscaped gardens and infinity pool area spread over an extensive plot of land offering an enviable lifestyle by the beach. Neighbouring this amazing property is a separate plot of land with an additional 2.630m2, also available for sale.

Fantastic Contemporary Villa

€2.495.000 • CODE 157 • DETACHED VILLA

Set within a prime location this contemporary villa is within easy walking distance of the clubhouse and beach.

The roof terrace offers many possibilities for entertaining, relaxing or merely enjoying the views over the golf course to the ocean beyond.

Ideally located for a holiday home within close proximity of all resort facilities yet benefitting from privacy and seclusion.

Contemporary Five Bedroom

€4.950.000 • CODE 159 • DETACHED VILLA

The villa is located in an exclusive area of the resort and has breath-taking golf views over the famous Royal Course, accentuated by the sweeping windows throughout the property. Every element of the property, from the use of natural stone and slate, to the inclusion of high tech home solutions, has been considered carefully and the strong contemporary design of the property creates a stunning impression while remaining highly practical.

€3.400.000 • CODE 161 • DETACHED VILLA

This four bedroom villa located in the prestigious Oceano Clube offers not only a breathtaking sea view from its previleged position but is also within a short walk of the beach. Spacious, bright and modern, this contemporary villa is an ideal choice for year round usage as a holiday home, permanent residence or as an investment within this exclusive part of the resort.

Townhouse with Sea View

This three bedroom linked villa offers stunning ocean views from all floors. Being within a short stroll of the Praça, it offers easy access to the beach, main resort pool complex and a good selection of restaurants. This lovely two bedroom apartment is located in the quiet and peaceful area of Tennis Valley. Set within a tranquil area it is ideally

Two Bedroom Tulipa Apartment with Jacuzzi

Townhouse with Sea Views

€590.000 • CODE 243 • LINKED VILLA

This charming two bedroom house has been completely refurbished to a very high standard in a modern style to offer light, bright accommodation.

Townhouse near the Beach

€690.000 • CODE 242 • LINKED VILLA

This charming three bedroom house has been completely refurbished and is located within a 5 minute walk to Vale do Lobo beach.