One bedroom duplex apartment near the sea in the center of Lisbon, Portugal
This duplex apartment of 35 m2 is located in the heart of the historic district of Alfama. Cute and cozy, this apartment is divided into 2 levels: - On the first floor there is a kitchen, dining room and bathroom. - On the second floor there is a spacious bedroom with fitted closets and a small living room. Ideal for a couple who want to experience life in the oldest central area of the city, while enjoying quick and easy access to the rest of the capital. Santa Apolonia metro station and train station are only a 6 minute walk away (and the university is only a 4 minute walk away). This property is ideal for the medium to long term rental market and will enjoy high occupancy throughout the year with competitive yields. Situated between St. Jorge Castle and the Tagus River, Alfama is a maze of narrow cobbled streets with terraced cafes at every turn. This diverse and charismatic neighborhood is home to many of Lisbon's most important historical landmarks, including the Sé Cathedral, the National Pantheon and the Igreja da Santo Antonio. Tourists flock to Alfama for its huge selection of Portuguese restaurants and fado cafes. Don't be surprised if dinner turns into a concert without warning. Alfama is the birthplace of fado, and the best shows are often held in hard-to-reach places. Distances to local attractions: - Santa Apolonia Metro and train station are just 350 meters or a 6 minute walk. - The National Pantheon is just 300 meters or a 5-minute walk away. - The banks of the Tagus River are just 300 meters or a 5-minute walk away. - ISPA University of Psychology and Biological Sciences is just 260 meters or a 4-minute walk away. - Bars, restaurants, stores and cafes are a 1 minute walk from the front door.
In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lisbon; 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 Lisbon 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 (219 957 $) 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 Lisbon: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
284 864 $
Fara, Portugal
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