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House 203 м² in Lagoa, Portugal

997 037 $

4 911 $ /м²

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Area

203 м2

Bedrooms

3

Bathrooms

4

Luxury 3 bedroom house in Lagoa e Carvoeiro, Lagoa, Distrito de Faro

A 3 bedroom villa with heated swimming pool, garden and garage, set on a 702m2 plot, fully fenced. The villa is in very good condition and is located in a quiet area of Mato Serran, about 15 minutes walk from the center of Carvoeiro. There are sea views from the second floor and from the roof terrace. The villa has an entrance hall which clearly separates the common and private areas. There is a bright living room with wood burning stove and an equipped kitchen with pantry and laundry room. It has access to the outside where several terraces are located. There are also two suites and a guest toilet on the first floor. The master suite is on the second floor, which also has a study with open space. There is access to the balcony from both the master bedroom and the study. The upper floor has a large terrace with solar heating. The swimming pool is salt treated and heated. All rooms have air conditioning and mosquito nets and the bathrooms have electric underfloor heating. The whole property is spacious and well maintained. Annual IMI: €880.

Additional details

Property type

Residential Properties

Object type

House

Price

997 037 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lagoa; 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 Lagoa 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 (997 037 $) 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 Lagoa: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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