Main Countries Buy Rent

House 249 м² in Portiman, Portugal

1 331 229 $

5 346 $ /м²

4OVcx
Share:

Area

249 м2

Bedrooms

4

Bathrooms

3

House for sale in Portimão, Portugal

This elegant two storey four bedroom home is situated on a 1,490sqm plot in the most sought after area of Alvor. Built in 2006, this detached house has a unique U-shaped layout. Entering through the impressive front door, you will find yourself in a light-filled entrance hall, which overlooks a terrace-like atrium, sheltered from the wind by two wings of the house. The loft feel of the house is created by the huge picture windows and the open structure that connects the entrance hall on the left to the spacious kitchen-dining room and on the right to the living room. Comfortable dinners with friends in the dining room, by the open fireplace and overlooking the garden, invite you to relax. On the same level, two bedrooms share a modern bathroom with tub and shower. A large frosted glass bay window overlooking the hallway provides the necessary daylight while maintaining privacy. High quality materials such as porcelain tiles and travertine stone flooring were used not only for the bathroom but also for all the common living areas. Another room is currently used as a reading or TV room. A designer guest toilet and an exceptionally large laundry and storage room complete this floor.A timeless elegant wooden staircase leads to the second floor, well deserving of its name MASTERHOUSE! Consisting of a pleasant reception room opening to a bedroom with balcony, a walk-in closet

Additional details

Property type

Residential Properties

Object type

House

Price

1 331 229 $

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 (1 331 229 $) 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).

Related sections