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House 80 м² in Fara, Portugal

498 518 $

6 231 $ /м²

4OUM6
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Area

80 м2

Bedrooms

2

A 2 bedroom villa in Lagoa!

A 2 bedroom villa located in Lagoa, one of the main centers of orange culture and export in Europe, with a design of unique origin, decorated in turquoise blue, it is an incredible resort that fully embraces the culture and beauty of the place.With beautiful views of the Monchique mountain range and the Vila Fria valley. The property consists of 2 bedrooms, one of which is en-suite, a guest room, living room and a fully equipped kitchen with luxury finishes.The kitchen has the following equipment:-Oven oven;-Kitchen hood;-Microwave oven;-Fridge;-Glass ceramic hob;-Dishwasher. The villa is located in a gated condominium which provides an atmosphere of tranquility and privacy, has a security system 24 hours a day.Convenient location:-2.5 km from the train station;-3 km from the service area;-7.5 km from the supermarket;-10 km from the beach;-14.4 km from the highway;-63 km from Faro airport.All apartments will have parking spaces and are within walking distance to the golf club, restaurant and store.

Services and facilities

Air conditioner
Household appliances
Garage/parking

Additional details

Property type

All Types

Object type

House

Price

498 518 $

Characteristics

Air conditioner
Household appliances
Garage/parking
Mountain View
Park View

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Fara; 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 Fara 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 (498 518 $) 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 Fara: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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