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Friday 2 July 2010

Quinta da Lago properties

Quinta da Lago properties and surroundings

Quinta da Lago is an exclusive residential and recreational estate, with an area of 645ha, that is situated partly in Ria Formosa Natural Park. It has been regulated by a General Plan of Urbanization and when it comes to its population density, it is low as 8%. All the surroundings of Quinta da Lago properties are very beautiful. It is surrounded by green areas or golf courses. It offers a wide range of activities that include North and South golf courses, horse riding, tennis, hotels, restaurants and a lot more.

Sophisticated Lifestyle

You will find that the individual villas and apartments are all situated along golf courses and lakes. You can enjoy a sophisticated lifestyle in the tranquil surroundings of the nature in Quinta da Lago. When it comes to its location, it is not very far from the airport. It is just at 15 minutes drive from Faro airport. What’s more, you can enjoy water sports as well as exciting fish restaurants. You can relax with your family in the golden sandy beach at the Atlantic Ocean. There are two natural trails that have been designed in order to enhance the environmental awareness in the area. So, Quinta da Lago has become the most sought after holiday home destination in the world.

Get hold of a good lawyer

If you wish to purchase a property in the Quinta da Lago, then it is very important that you get hold of a good lawyer. This is important because he or she would be able to guide you better. They will take care of all the documentation that is needed to purchase the property. They would also be able to check whether there are any outstanding debts on the property that you wish to purchase. You will need to pay a fee which is usually around 1-2% of the value of the property. However, it also depends on the complications and history of the property.

Get to know the restrictions

You should know that all new buildings are mostly accompanied by a five year builder guarantee. So it is always important that you do a good research of the property before you decide to purchase it. There are many restrictions to minimize the impact on the environment of the Quinta da Lago. One such restriction is that the constructed area of the plot should not exceed more than 20% of the total area. Other restrictions are that there cannot be more than two levels (ground and first floor). Also the total area of the first floor should not exceed 50% in the ground floor. So, it is very important to check all these restrictions before purchasing the property.

There are many people who visit Portugal and think that Quinta da Lago in the Algarve is a condominium but it is not. However, there are some private resorts within Quinta do Lago. If you are thinking of investing your money in a Quinta da Lago property, remember to do a good research and get a good lawyer before you take the step.

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