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House 130 м² in Palmela, Portugal

202 666 $

1 558 $ /м²

4Obhs
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Area

130 м2

Bedrooms

4

Building in the historical area of the city of Palmela with an approved project.

Building from 1937. Building fully owned with 2 floors. Original building has 2 independent entrances. Both floors are Type 2. Has approved project for Type 3 with 2 balconies and terrace. Floor 0: Kitchen and living room (30 sqm), SuiteBathroom, StorageWith internal staircase to 1st floor: 2 bedrooms, both with balcony, 1 wardrobe, bathroom Roof (new), with skylight and terrace overlooking the mountains. Currently, the first floor is rented to a tenant aged 88. There is also the possibility of selling only the upper floor, which has already been demolished and is ready for work to begin (in this case, if no external changes are made, a permit is not required). Ideal for local living.

Additional details

Property type

Residential Properties

Object type

House

Price

202 666 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Palmela; 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 Palmela 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 (202 666 $) 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 Palmela: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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