Flat 97 м² in Lagos, Portugal

57 402 $

591 $ /м²

4OXRX

Flat 97m² in Portugal, Lagos. Priced at 49600€ rent photo-

Area

97 м²

Bedrooms

Renaissance

New apartment in a five-story complex "Revival" in Burgas. It consists of three separate rooms, a bathroom, two terraces, and a spacious living room.
The city of Burgas is one of the largest cities in Bulgaria and is located on the western coast of the Black Sea.
One of the interesting sights is the Sea Garden, which features modern sculptural works.
Agency commission - 3%.

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

57 402 $

Location

By the Sea

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lagos; 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 Lagos 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 (57 402 $) 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 Lagos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).