House 147 м² in Eriseira, Portugal

1 734 119 $

11 796 $ /м²

4OVhN

House 147m² in Portugal, Eriseira. Priced at 1285962£ rent photo- #1

House 147m² in Portugal, Eriseira. Priced at 1285962£ rent photo- #2

House 147m² in Portugal, Eriseira. Priced at 1285962£ rent photo- #3

House 147m² in Portugal, Eriseira. Priced at 1285962£ rent photo- #4

House 147m² in Portugal, Eriseira. Priced at 1285962£ rent photo- #5

House 147m² in Portugal, Eriseira. Priced at 1285962£ rent photo- #6

Area

147 м²

Bedrooms

Commercial real estate for sale in Erieseira, Portugal

A fantastic investment in a prestigious location in Erieira, next to the Hotel Vila Galé, opposite the Navegantes parking lot and just 50 meters from the sea, in the luxurious and very popular village of Erieira, known for its natural beauty and historical charm. This unique property with a modern design and sophisticated decoration is fully equipped with high quality technology and equipment. Ready to open its doors to clients from day one, it is right next to the south beach, where all the life of the village takes place and is visited all year round. Inside you can enjoy the terrace, which can be closed or open, turning into a winter garden, with a fireplace, the whole space is cozy and designed to provide an unforgettable social and gastronomic experience. A traditional fishing village, Erieira has developed tremendously in the XVI. XX due to the growing demand as a summer vacation destination, while maintaining its original features and a completely unique atmosphere. Erieira is Europe's first (and so far only) world surfing sanctuary. Surfers from all over the world come to the golden sand beach of Ribeira d'\''Ilhas all year round, where one of the stages of the World Surfing Championships is held every year. Erieseira's beaches are considered some of the best in Europe for surfing. This restaurant is an excellent investment for those looking for commercial space in a privileged location and has incredible potential to become one of the benchmarks in Erieira.

Additional details

Property type

All Types

Object type

House

Price

1 734 119 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Eriseira; 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 Eriseira 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 (1 734 119 $) 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 Eriseira: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).