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House 97 м² in Silves, Portugal

2 962 $

30 $ /м²

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Area

97 м2

Bedrooms

2

Bathrooms

3

Rent of a 2-bedroom luxury house in Silves, Faro District

Make a profitable deal with us! Excellent new 2 bedroom villa in Alcantarilha, located in Vale Margem, near Armacao de Pera, in the municipality of Silves. This two-story villa consists of 2 bedrooms with en-suite bathrooms, each with an individual terrace, 1 guest bathroom, open plan kitchen, dining area, and living room. The kitchen is fully equipped with all appliances and utensils needed for cooking. The living room-kitchen terrace features a barbecue and sink for food preparation. The large terrace allows you to dine outdoors and enjoy the peaceful and relaxing atmosphere of this condominium surrounded by countryside. There is a swimming pool on the premises where you can enjoy the wonderful warm days in the Algarve, as well as a garden with lawn. The floors are tiled on the first floor and wooden in the bedrooms on the second floor. All rooms have air conditioning and central vacuum. The corner villa is only attached to one other, adding extra privacy. The villa has two parking spaces in the garage with direct access to the house. The gated community provides security and well-being. The villa is centrally located, just a few kilometers from the towns of Armacao de Pera, Lagoa, Albufeira, and Silves, as well as their beaches such as Praia Grande, Praia da Marinha, Carvoeiro, Benagil, and others. The nearest town is Alcantarilha, where you will find all necessary amenities such as cafes, typical restaurants, supermarkets, gas stations, and quick access to the A22 highway. You can also find re

Services and facilities

Garage/parking
Pool
Garden

Additional details

Property type

Residential Properties

Object type

House

Price

2 962 $

Characteristics

Garage/parking
Pool
Garden

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Silves; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Portugal finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Portugal takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Silves short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (2 962 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Silves: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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