Rare Old Town Penthouse with Panoramic Ocean Views | Steps from Beach

The space

Occupying the top two floors of a traditional building, the residence pairs central convenience with a rare sense of openness. From this optimal location, guests can move easily between Lagos’ lively cafés, restaurants, shops, and squares, then return to your private elevated retreat.

This spacious penthouse comfortably accommodates up to 8 guests with its approximately 220 sqm of tastefully decorated space. You’ll have the entire residence to yourselves — offering exceptional privacy, comfort, and room to spread out in one of Lagos’ most sought-after elevated positions.

This light-filled penthouse features an open-plan living and dining area that opens onto a generous private balcony — the perfect spot for al fresco meals, relaxed evenings, or simply soaking in the sea breeze from above. Its prime top-floor location creates a wonderful sense of openness that is rare to find in such a central location.

The top floor has the living area, kitchen and dining room. An internal circular marble staircase leads downstairs to the bedrooms.

Whether you’re seeking sun-drenched beach days, coastal adventures, or a peaceful escape with spectacular views, this rare penthouse offers an unforgettable Algarve experience.

We can’t wait to welcome you!

Guest access

The entire residence is yours during your stay for complete privacy and space.

★ Bedroom 1: two singles that can be configured separately or joined as a 180 cm king, en-suite with shower and WC
★ Bedroom 2: Cozy trundle bed (80×200 cm pull-out) plus a small desk
★ Bedroom 3 (Master): Luxurious 160 cm queen-size bed with en-suite bathroom featuring bathtub, shower, and two sinks. Smart TV. Spectacular sunrise views from the balcony (or use the blackout blinds if you’d prefer to sleep in)
★ Bedroom 4: Peaceful 160 cm queen-size bed. Ocean view balcony.
★ Private balconies in each room – plus one off of kitchen, and one off of living room
★ Fully equipped kitchen (remodeled in 2023) fully equipped with modern appliances
★ Air conditioning, fans, and heating in all rooms
★ Smart TV in the living room
★ Living room speakers
★ Washing machine and dryer
★ High-speed WiFi throughout the apartment
★ Washing machine and dryer
★ Linen and towels provided

Private covered parking spot in front of the building (convenient and rare).

➤ The apartment has an internal staircase between the two levels. The building has a lift with entries on both floors, but the stairs are part of daily use inside the apartment. A travel cot and highchair are available on request — please note this property is not ideal for very young children due to the internal staircase.
➤ We usually welcome families or responsible adults, as this is a residential neighbourhood. Parties and other disturbances are not accepted.

Guest interaction

This home is in the hands of Rental Valley, a property management team who work hard to make sure your stay is smooth and comfortable. We are available should you have any questions or requests during your stay. From one week before arrival, we'll send you our rental guide — all the information you need to arrive safely and make the most of your stay. Please read it carefully before arrival and let us know if you need anything.

The neighborhood

Lagos is one of the Algarve's most complete towns — a working city with a proper old town, a castle wall, a marina, and beaches within walking distance. Casa Elysium sits in the historic centre, a few minutes on foot from the main square, the covered market, the beaches, and the waterfront promenade along the canal

Proximities:
Main square – 3 min walk
Cultural centre – 2 min walk
Fish/Farmers Market – 8 min walk
Batata and adjoining beaches – 10 min walk
Marina – 15 min walk
Meia Praia – 25 min walk (10 min by car) or 10 min walk with ferry shuttle
Ponta da Piedade – 30 min walk (8 min by car
Bus Station – 15 min walk (6 min by car)
Train Station – 18 min walk (10 min car)
Faro Airport – 1 hr by car

Getting around

Faro Airport is approximately 1 hour by car. Lagos old town is entirely walkable from the apartment. The train station is around 18 minutes on foot and connects to Faro with several departures daily. The bus station is 15 minutes on foot, with regional connections to Sagres and other villages along the west coast.

One covered private parking spot is included with the apartment.

Other things to note

➤ Check-in time: 16:00–21:00 (late arrival possible in consultation)
➤ Check-out time: before 10:00

➤ Smoking is not permitted inside the apartment or on the balconies.
➤ The fireplace in the living room is decorative and not available for use.

ℹ SEF REQUIREMENTS. All property owners in Portugal have a legal requirement to report tourists' and guests' information to Serviço de Estrangeiros e Fronteiras (SEF). To comply with legal requirements, from a week before arrival, we shall send you a link to our SEF form to complete and send back to us before your arrival. It is a mandatory requirement.