Luxury VillasPlots | Turnkey Projects

Alma Do Mar is one of the Algarve’s most exclusive developments of contemporary,

luxury villas. Located a ten-minute drive from the vibrant cultural town of Lagos, the

predominant sound that will greet our clients is that of the sea washing against the

golden sands of Meia Praia beach. The award-winning Lagos marina is a healthy walk or

cycle away, and the Europe-renowned Palmares golf course is next door.

The views from every plot are uninterrupted and outstanding, with the beach and the

ocean in the foreground and the city of Lagos and Ponta da Piedade providing a stunning

backdrop, especially at sunset.

Alma do Mar Luxury Villas is the prestige property brand of New Paradigm, which is a

Portuguese company co-owned by British property developer Medcentres Plc. Together

we have over two decades’ experience in providing luxury homes and are perfectly

equipped to deliver high quality developments such as this. Each villa will enjoy a full

residential planning permission, which means there will be no service charge. Owners will

be able to contract directly with service providers and the roads and infrastructure will be

adopted. In this respect our villas are a much better proposition than ostensibly similar

villas on “Touristic” resorts.

We are determined to maintain the highest possible standards of contemporary

architectural design at Meia Praia. As such, we are committed to preserving the

relationship between the individual villas to both protect the uninterrupted views from

each plot and ensure a homogeneous and fluent architectural language. For this reason,

Mário Martins, one of Europe’s leading contemporary architects, will design each villa and

take full design responsibility for the entire development. Additionally, we will nominate

preferred builders whose construction quality and experience have been proven

elsewhere.

For the benefit of our clients, it is important to us that the development is completed

within a reasonable timescale and this forms a core part of our development philosophy.

Our philosophy is to provide our clients with a complete package through which to

procure their perfect villa. We include within the plot price a complete architectural

project by Mario Martins, a complete structural engineering project by Raiz Engenharia,

and a full bilingual project management service, provided by ourselves. The procurement

process is as follows:

We estimate that the process will take approximately 18 months. Throughout, New

Paradigm will act as our clients’ de facto agent and provide advice and assistance during

all stages, including construction. Our sole aim is to provide our clients with an enjoyable

experience and one in which they feel they have been fully in control, whilst retaining

complete peace of mind.

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Month 1Plot Reservation & Preliminary Design

Month 3-5Design Refined & Engineered

Month 2Plot Purchased With

Concept Design

Month 6Design & Specification

Finalised

Month 18Villa Handover

Month 7-17Construction Period

Luxury Villas by Alma Do Mar

The Alma Do Mar development overlooks Meia Praia beach. It is

next door to the Palmares Golf & Beach Resort, with the marina

and city of Lagos some three kilometres to the West.

The compact but vibrant city of Lagos has a rich architectural

and cultural heritage. It also benefits from many excellent bars

and restaurants.

The development site plan is shown overleaf. The land

gradually rises from thirty to sixty metres above sea level, and is

less than five hundred metres from the beach.

The spectacular topography has allowed us to create a

development which affords privacy to the individual villas and

also allows each villa to enjoy spectacular views across the bay

to Lagos.

Location

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The Plots

430 m2

440 m2

430 m2

400 m2

400 m2

460 m2

430 m2

480 m2

510 m2

479 m2

420 m2

560 m2

420 m2

3517 m2

3332 m2

3292 m2

3286 m2

3060 m2

3485 m2

3298 m2

3634 m2

3644 m2

3921 m2

3032 m2

7910 m2

3580 m2

3

4

11

12

13

14

15

16

17

18

19

20

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Plot Plot Area Internal Area

Plot PackagesThe package prices above include not only the plots, but also all of the architectural, engineering and

project management services you require to turn your dream into a reality.

The architectural services will be provided by Mário Martins, one of Portugal’s most renowned

architects, who will work closely with you to provide a personalised design for your home.

Plots still available range in area between 3,000m2 and 4,000m2. The construction rights range between

400m2 and 560m2. The construction rights relate to the internal enclosed areas of the villa but exclude

both basements and external covered areas.

Basement, storage and garaging areas can be built in addition to the core construction areas.

POA

POA

€875,000

€915,000

€935,000

€1,075,000

€975,000

€1,075,000

€1,245,000

SOLD

Reserved

SOLD

SOLD

Plot Only Price

0403

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The design of the individual villas will be entrusted to Mario Martins. Mario

is not only extremely talented, but incredibly engaging and flexible. He is

therefore more than happy to customise his design concepts to suit the

individual needs of each client. However, Mario will respect the urban

design parameters which are in place to ensure the highest quality of

exclusive development with as much privacy as possible. These

parameters are for single-storey contemporary villas with plot sizes of no

less than 3000m2. Roof terraces are allowed, to take advantage of the

spectacular views. We welcome the fact that the planning conditions

require us to pay very special attention to the landscaping.

This gives our clients the best of both worlds: the possibility of a unique

design, but one that shares the same modern architectural language as

the immediate neighbours. This will not only provide an aesthetically

pleasing development but also enhance future values. Mario was born

locally and, as such, has a particular affinity with the site and Lagos.

Each luxury villa will be of single-storey construction, with a roof terrace.

They will all have a primary south to south-westerly aspect and enjoy

ocean views. The modern external design ethos will be clean and

minimalistic with the use of floor to ceiling glazing to make the most of

natural light. The terraces will be created using natural stone and feature

infinity pools heated using low carbon technology. Energy efficiency is

one of our core values and every design will adopt green technology

such as heat recovery and LED lighting.

Our architects and internal designers will be on hand throughout the

project to help and advise on all the aspects of design.

Design

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Ownership PathwayWe have consulted extensively with Portuguese lawyers and accountants and consequently, offer the following principal route for

our clients, which our dedicated project management team will guide and advise you through:

Stage 1: Our clients choose their preferred plot and pay a refundable reservation fee of £2,500 (GBP).

Stage 2: Our clients enter into preliminary discussions with Mário Martins and one of our preferred builders.

Stage 3: We will provide budget cost estimates based on the outcome of the preliminary discussions.

Stage 4: The client purchases their chosen plot with a concept architectural project. This gives them security as the registered title

is vested solely in their name.

Stage 5: The individual villa design is refined with Mário Martins. Once our clients are satisfied, Mário will submit the design to the

local Municipality for approval.

Stage 6: Whilst the design is being approved by the Municipality, Mário will produce a more detailed project design which will be

engineered by Raiz Engenharia.

Stage 7: The architectural project is then sent to our preferred builder for detailed costing. Our project team will take this opportunity

to value engineer the project and draw your attention to any cost saving opportunities that may arise from this process.

Stage 8: Once our clients are happy with the detailed specification, a building contract will be negotiated with our preferred builder.

We will of course use our best endeavours to ensure that the final price is reasonable in the context of the final specification.

Stage 9: Our clients enter into a building contract and construction begins. The contract will be between the builder and the client

and monthly payments in arrears will be required. In this way our clients will always keep ahead of the risk curve as they will have

freehold ownership of the building plot and only make stage payments once additional value has been added.

Stage 10: Construction is complete and we assist with the handover process. Our clients move in to their new home.

07 08

The Portuguese government has developed a number of incentives for

EU and non-EU residents that make both investing and residing in

Portugal incredibly attractive. This, alongside the wonderful year-round

climate and excellent healthcare, makes the Algarve the ideal place to

buy your new home.

Living in the Algarve is not only a fine financial investment, but more

importantly a wise investment in your wellbeing.

Investing in Portugal

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Portuguese Golden Residency Permit

Residency permits are granted to non-EU nationals who make qualifying

investments into Portugal either directly or through a Portuguese

registered company, thus granting the holder the ability to work in

Portugal and travel within the Schengen area.

The permit is renewed on three occasions over a five-year period, after

which the applicant is eligible to apply for permanent residency.

The investment can take place in a variety of forms, the simplest of which

is a minimum €500,000 investment into Portuguese real estate. The

investment can be financed, the property may be charged and it may be

leased for tourism purposes.

Security & Healthcare

In its most recent report the World Health Organisation (WHO) ranked

the Portuguese health system in 12th place globally. Health in Portugal is

typically organised through the National Health Service, however there

is also a wide network of private health institutions. The state hospital

network also has long-standing links with major insurance companies.

Portuguese hospitals have begun to implement personalised patient

care and monitoring services, designed entirely to make overseas

patients more comfortable by using English as the language of

communication. Lagos itself has a national and private hospital, both of

which have English-speaking staff.

The Algarve, and in particular Lagos enjoys relatively low levels of crime

and the city and surrounding areas provide a safe environment at all

hours, for individuals and groups alike.

Tax Incentives On Pension Income

The non-habitual tax regime makes it possible for UK residents to

withdraw their entire pension and pay no additional tax on it in Portugal.

To qualify, participants must register as a non-habitual resident with the

Portuguese tax authorities, and enjoy all foreign sources of income (such

as pensions tax) tax free for the first ten years.

Comparatively, in France, regular or annual pension payments are

taxable at the normal marginal rates locally, minus an annual deduction

of approximately €3,500 per household. Lump sump payments from

pension funds are subject to a 7.5% income tax. In Spain, the grey areas

in Spanish tax law make financial planning for investment and retirement

with any certainty a difficult task. In the best case scenario, your annuity

income could be taxed at 5%, but as a worst case, this could also be

taxed as savings income at a rate of up to 27%.

Please consult your accountant or financial adviser for more information.

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Portuguese Head Office

Avenida dos Descobrimentos

Cobertura Parque de estacionamento

Frente Ribeirinha

Lagos, Portugal

Contacts

Francisco Morais

+351 962 323 724

James Arnold

+351 914 447 722

Online

mail@almadomar.pt

www.luxuryvillas.pt

UK Head Office

First floor, Highfield HouseBartons RoadFordingbridgeSP6 1JD, UK

+44 1425 650 080