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House 200 м² in Portiman, Portugal

1 527 206 $

7 636 $ /м²

4OWK0
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Area

200 м2

Bedrooms

5

Bathrooms

5

Luxury detached 5 bedroom house in Portimão, Distrito de Faro

This charming rustic guest house is situated on a beautiful 5,800 sqm plot of land painted in shades of greenery and colorful flowers. It functions as a typical local accommodation for rural tourism. It consists of a main villa reminiscent of the solidity of old houses, with high ceilings decorated with wooden beams, an open fireplace and natural stone in its composition. The villa has three bedrooms, two of which are suites, and three bathrooms. There is a mezzanine adding a cozy aura to the imposing main house. The open plan kitchen, connected to the living room, has a wooden counter reminiscent of old cozy restaurants. It gives the entire living room a warmth that lends itself to long conversations and dinners by the fireplace. In summer, the solid wall construction ensures a cool and pleasant atmosphere throughout the interior. The villa also has two independent duplex-mezzanine style suites, with bathroom and kitchenette, completely charming, with direct and autonomous access from the main villa, each decorated in an elegant and distinctive way. Both have terraces ideal for sunbathing, reading or simply relaxing. The villa has a swimming pool with a small ancillary annex, a pond, barbecue area, laundry facilities and plenty of surroundings to explore on foot or by bike. Located a few minutes from the highway, it still conveys a complete sense of tranquility and unity with nature. The beaches of Lagos, Portimão and Alvor are a short drive from the house.

Additional details

Property type

Residential Properties

Object type

House

Price

1 527 206 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Portiman; 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 Portiman 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 (1 527 206 $) 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 Portiman: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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