PRAIA DA LUZ

Praia da Luz | Algarve

The Character of

Villa Living

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Exclusive Algarve Villas

Presented At

€2,450,000

Bedrooms

Bathrooms

Living

3,090

SQM

Fireplace

Stone Countertops

Air Conditioning

Bar

Kitchen island

Laundry Room

Jacuzzi

Game Room

Gas Stovetop

Terrace

Garage

Outdoor Living Space

Garden

Balcony

Pool

Water View

Sea View

Waterfront

Oceanfront

Seafront

Privacy

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PRAIA DA LUZ

Praia da Luz | Algarve

PRAIA DA LUZ, Faro, Praia da Luz, Algarve, Portugal. , Praia da Luz , Algarve

For sale Luxury Sea View Villa in Praia da Luz, Western Algarve

Reserva da Luz remains one of the most established and desirable residential areas in the Western Algarve. Located seafront and within a pleasant 15–20 minute walk of Luz beach and village centre, with all its amenities, it offers beautiful sea views, peace, tranquillity, and a high level of privacy. Villa Nirvana perfectly embodies all of these qualities.

The highly sought-after “Chaves” design is widely regarded as one of the best villa layouts on the market, and the Extended Chaves version of Villa Nirvana enhances it even further.

Entrance is at ground-floor level into a spacious and bright hallway, leading to a large open-plan living and dining area that opens onto a south-facing balcony. The open-plan kitchen is fitted with a high-quality designer kitchen, complemented by a separate utility/laundry room and direct access to a glazed, covered terrace—bathed in morning sun and enjoying beautiful sea views. Still on this level, there is a bedroom suite, a guest WC, and a spacious double garage.

On the garden level below, the villa offers a further suite, two generous double bedrooms, a large family bathroom, and additional space currently used for accommodation.

Built to a very high specification, the property features underfloor heating, air conditioning, electric shutters and awnings, solar panels for domestic hot water, and six photovoltaic panels for electricity production.

The south-facing garden and pool area are exceptionally private and ideal for enjoying the best of Algarve living. The heated swimming pool (10 x 5 metres) is complemented by a Jacuzzi hot tub.

Viewing is highly recommended to fully appreciate this exceptional property.

Exterior

Property

Gallery

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Property Location

PRAIA DA LUZ, Faro, Praia da Luz, Algarve, Portugal., Praia da Luz Algarve

Local Weather & Climate

Praia da Luz, Algarve

Current Conditions Updated recently

55 °F

Broken clouds

Feels Like 55°F

Humidity 89%

Wind 15 mph

Visibility 6.2 mi

Sunrise 6:46 AM

Sunset 6:41 PM

5-Day Forecast

Sun 15 Mar

Clouds

High 66°

Low 56°

Mon 16 Mar

Clear

High 64°

Low 55°

Tue 17 Mar

Clear

High 61°

Low 56°

Wed 18 Mar

Rain

High 61°

Low 58°

Thu 19 Mar

Clouds

High 61°

Low 58°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Praia da Luz?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (Portugal)

€0 Est. First Year Interest Deduction

€0 Est. Annual Tax Savings

*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$245,000,000

PRAIA DA LUZ, Faro, Praia da Luz, Algarve, Portugal.

Praia da Luz, Algarve

4 Beds

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Market Opinion

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Our perspective on current market conditions in Praia da Luz. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $245,000,000 20% down ($49,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$21,053/day

Your home may appreciate while you sleep

$147,774/week $640,356/mo $7,684,270/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$134.8M

+$191.2M

$191.2M Potential Equity

vs $134.8M lost to rent over 10 years

$49.0M Down Payment Growth

3.9x

10yr

$191.2M

8.1x

20yr

$395.9M

12.6x

30yr

$618.8M

Wealth Comparison

×1,473

Equivalent to 1,473 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $618.8M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $288.5M +18%

Market $333.6M +36%

Optimistic $385.0M +57%

$191.2M est. equity

20 Years

Conservative $339.8M +39%

Market $454.4M +85%

Optimistic $605.0M +147%

$395.9M est. equity

30 Years

Conservative $400.2M +63%

Market $618.8M +153%

Optimistic $950.8M +288%

$618.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does PRAIA DA LUZ, Faro, Praia da Luz, Algarve, Portugal have?

This house at PRAIA DA LUZ, Faro, Praia da Luz, Algarve, Portugal features 4 bedrooms with 3,090 square feet of living space.

What is the size of PRAIA DA LUZ, Faro, Praia da Luz, Algarve, Portugal?

This property offers 3,090 square feet of living space.

What is the listing price for PRAIA DA LUZ, Faro, Praia da Luz, Algarve, Portugal?

This property is listed at $245,000,000, which equals $79288 per square foot.

Is now a good time to buy a home in Praia da Luz?

Based on current market indicators, Praia da Luz shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is PRAIA DA LUZ, Faro, Praia da Luz, Algarve, Portugal?

This is a house located in Praia da Luz, Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: