While leisure-focused properties near golf courses and beaches were once the magnet for second-home buyers, a growing number of families are now seeking homes that offer easy access to essential amenities and vibrant, year-round communities. This shift reflects a broader change in lifestyle preferences, driven by a desire for practicality and an improved quality of life in a post-COVID world.

Recent Portuguese Chamber of Commerce research highlights this evolving trend, revealing that 43% of potential buyers now prioritise being within a five-minute drive of key facilities like supermarkets, restaurants, and healthcare centers. Over 80% of respondents also agree that living in areas with a year-round population is important, signalling a move toward more integrated, sustainable living environments.

Credits: Supplied Image; Author: Client;

Algarve Set for Continued Growth

As families flock to Portugal searching for this new lifestyle, cities in the Algarve—such as Faro, Tavira, and Lagos—are poised for continued growth. With their combination of urban convenience, historical charm, and Portugal’s great weather, these cities offer an ideal setting for families who want the best of both worlds.

"Unlike traditional city living in the UK, places like Lagos offer the best of both worlds," says Gerry Fagan, Chairman and CEO of DDM, a leading property development company in Portugal. "Here, families can enjoy all the conveniences of urban living—restaurants, supermarkets, health clinics—right at their doorstep. But they can also be at the beach or golf course in less than 10 minutes. It’s the perfect blend of city convenience and coastal tranquility."

Credits: Supplied Image; Author: Client;

Nova Terraces in Lagos: A New Standard for Family Living

In response to this growing demand, DDM has expanded its property portfolio with developments catering to today’s families changing needs. Their latest project, Nova Terraces in Lagos, embodies this new approach. The development offers two-bedroom apartments and a stunning three-bedroom penthouse, each thoughtfully designed to provide social and private spaces that suit modern family life.

The apartments emphasize flexibility, with communal areas for socializing and dedicated workspaces for those who work from home. The ground-floor apartment features a private pool, while the first floor and penthouse apartments ensure residents enjoy a high quality of life in shared and personal spaces.

"Nova Terraces reflects the shift we’re seeing in the market," says Fagan. "Families want a place where they can live comfortably, with easy access to everything they need—whether it's for work, leisure, or socializing. Lagos offers the convenience of city living while still providing access to the beach and nature, making it a highly desirable location for long-term living."

Credits: Supplied Image; Author: Client;

Nova Terraces strongly emphasises sustainability, with features like electric car charging stations and high-quality materials throughout. The lobby includes a beautifully designed mosaic, paying homage to the city’s rich cultural heritage, while panoramic views from the apartments offer sweeping vistas of Lagos.

As we look ahead to 2025, it is clear that developments like Nova Terraces, which seamlessly blend practicality, social engagement, and relaxation, will cater to the growing trend in the Algarve property market.

For more information contact DDM at:

Web: https://ddm.pt/en/projects/nova-terraces

Email: info@ddm.pt

Tel: (+351) 967 336 914