The construction team has been making excellent progress.
The structural and masonry work is almost finished. As you can see in the image below, the concrete slabs, block walls, and infill that make up the building’s core are almost done—a significant milestone.
Construction is progressing well at Porto de Mos Residences (shown here in the center). The first deliveries are expected to begin, on schedule schedule in December 2026.
Next up, the team will move on to the facade finishes, bringing the exterior of the building to life. This is the stage I love to see. I will send you photos as soon as I have them, and of course, I’ll keep you updated as we move toward completion.
Below you’ll find a brief video showing the location of Porto de Mos and how close your community is to the beach. Click to view…
The Porto de Mos Residences deal saw huge demand from RETA members. The number of condos was also extremely limited, so a big congratulations on getting in.
Your community sits right in the heart of Porto de Mos, the most coveted residential neighborhood in Lagos and one of the most prestigious addresses in the Algarve.
Walk the streets of Porto de Mos and you’ll pass villas that list for €2 million, €3 million, €4 million, and more.
This pricing reflects the very limited space for new development within Porto de Mos.
Your community sits on one of the last premium plots in the neighborhood. And most of the land surrounding Porto de Mos is protected, meaning there’s simply nowhere for the neighborhood to grow. This is an incredible advantage as Lagos joins Europe’s elite coastal towns.
The stunning Porto de Mos beach will be just seven minutes from your condo.
Your condo is in a prime location in Lagos. You’ll be just a seven-minute walk from Porto de Mos beach with its wide, golden sands framed by iconic sandstone cliffs. The locals here say that it’s the best beach in Lagos.
Lagos’ old town with its cobbled lanes, whitewashed buildings, al fresco cafés, and glistening marina is just a five-minute drive or a pleasant 25-minute stroll.
Seville and Lisbon are both under three hours by car.
And Faro International Airport—less than an hour’s drive away—puts the whole of Europe on your doorstep, with direct flights to London, Dublin, Berlin, Paris, Zurich, and beyond.
Mornings at the beach, afternoons by the pool, evenings in the rooftop jacuzzi watching the sun go down over the Algarve.
Your community too is going to be truly special…
On the first level, the pool is there for lazy afternoons after the beach. Head up to the rooftop and you’ll find the jacuzzi and lounge area.
Inside, your condos are being built to the highest standard: hydronic underfloor heating, heat pumps, centralized air conditioning, a central hi-fi system, thermal and acoustic insulation, and top-quality Bosch/Siemens appliances throughout.
You’re going to own truly best-in-class real estate.
The morning coffee spot for you and your guests. With a premium location and high-end amenities, your condo will be a big hit on the rental market.
Tourism is breaking records
As I say, tourism in Algarve continues to go from strength to strength.
The Algarve closed 2025 with its highest-ever tourism revenue, generating roughly €1.8 billion from tourist accommodation. That’s a 6.5% jump on the previous year.
This reflect the region’s transition from a 14-week rental season to a year-round destination. There’s basically no off-season here anymore.
The Algarve recorded its lowest-ever reliance on the summer peak in 2025, with just over 40% of overnight stays falling in the traditional high season.
This is a now place where people come year-round, to vacation and to stay long term.
With this soaring demand, your condo in the prestigious Porto de Mos neighborhood will be in huge demand among short- and long-term renters.
The Algarve just posted its best tourism numbers ever and there’s no sign it’s slowing down. Image Source: iStock
The luxury brands are arriving in Lagos
Lagos has long been popular. Demand is deep, international, and accelerating. What’s changing fast is supply and global recognition.
The town is now firmly taking its place on a shortlist of top-tier luxury coastal destinations in Europe.
The marina is expanding to take more and bigger yachts while the last meaningful parcels of prime land around the marina and Meia beach are being spoken for.
Two Hilton-branded hotels are under construction right on the Lagos marina—the five-star Curio Collection and the four-star Hilton Garden Inn—representing a combined investment of over €107 million. Both are expected to open in 2026.
A third Hilton brand, Conrad, follows in spring 2027 with a beachfront resort above Meia Praia. And in 2028, JW Marriott opens its first-ever hotel in Portugal, set within the Palmares resort just along the coast.
This is an incredible level of investment. And it demonstrates international recognition of Lagos’ status as top-tier coastal destination.
Lagos has joined Europe’s elite coastal destinations. It’s seeing incredible new investment from world-leading resort brands. Image Source: iStock
Lagos is reaching a new level. And you’re going to own in its most prestigious residential neighborhood.
If you have any questions at all, please reach out out at info@smartmoneyhomes.com.
