
Investment Criteria & Mandates
We apply a clear investment framework designed to match each investor’s mandate, risk tolerance, and return objectives.
Our role is to curate high-quality, defensible opportunities — not high-volume deal flow. Every project undergoes initial underwriting, feasibility analysis, and risk screening before being presented.
Our Target Asset Types
We focus on segments with strong fundamentals, identifiable value creation opportunities, and resilient demand:

Hotels & Hospitality Assets
Branded or independent hotels with stable income profiles, repositioning potential, or operational upside.

Multifamily Buildings
Rental-ready blocks, conversion opportunities, or assets suitable for long-term institutional ownership.

Development Land
Plots with clear zoning pathways and strong micro-location demand, including residential, hospitality, and mixed-use.

Commercial Assets with Value-Add Potential
Retail parks, offices, logistics, and leisure assets where yield enhancement or operational optimisation is achievable.

Distressed or Underperforming Properties
Assets with technical, management, or market inefficiencies that can be corrected through targeted capital deployment.

Tourism-Driven Assets (Golf, Resorts, Island Markets)
High-demand niches with strong seasonality management and repeat-visitor fundamentals.
Geographic Focus
We focus on segments with strong fundamentals, identifiable value creation opportunities, and resilient demand:
Algarve (Primary Market)
Europe’s strongest year-round tourism region, with significant supply constraints and premium micro-locations.
Porto
A growing tourism, innovation, and cultural hub with strong yield and repositioning potential.
Lisbon, Cascais & Comporta
Prime urban and coastal markets driven by international demand, corporate relocations, and hospitality fundamentals.
Madeira & Azores (Selectively)
Resilient island economies with rising hospitality demand and favourable acquisition dynamics.
The Lagos Homes Investment Model
Investment Parameters
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(Flexible for exceptional opportunities or club deals)€1M – €30M Ticket Size
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Target Returns: Yield: 6–10%+ // IRR: 12–20%+
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Hold Period: 3–7 years
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Returns vary by strategy: core-plus, value-add, or opportunistic.
Our Mandate-Driven Sourcing Framework
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Asset Type & Strategy
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Capital Allocation & Ticket Size
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Target Yield / IRR Profile
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Risk Tolerance & Value-Add Appetite
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Geographic Preferences
Once aligned, we proactively source and evaluate opportunities through our off-market network and institutional screening process.
How We Work With Investors
1. Mandate Alignment
A structured onboarding call defines your investment profile, constraints, and objectives.
2. Curated Deal Sourcing
Only opportunities that pass our internal feasibility screening are shared.
We prioritise clarity, quality, and confidentiality.
3. Due Diligence Coordination
We coordinate legal, zoning, architectural, and technical verifications through vetted independent experts to ensure a complete understanding of risks and opportunities.
4. Transparent Fee Structure
Our compensation model is direct, aligned, and without hidden incentives.
Fees depend on scope—advisory, sourcing, negotiation, or full DD coordination.
Outcome
Our disciplined, mandate-first approach ensures you receive:
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Quality over quantity
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Institutional-level screening
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Clear investment logic and value creation pathways
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Risk transparency and downside protection
This framework allows family offices, private investors, and international buyers to deploy capital in Portugal with confidence and clarity.