Main Countries Buy Rent

House 955 м² in Tavira, Portugal

2 287 321 $

2 395 $ /м²

4OWyK
Share:

Area

955 м2

Bedrooms

12

Bathrooms

11

Luxury house for sale in Tavira, Distrito de Faro

PROPERTY WITH LICENSE This beautiful property located just a few minutes from the center of Tavira, is a unique property with great potential to establish itself in the region and dedicate itself to the local rental business (already realized). The plot is 5200 m2 with a total built area of 858.90 m2 for the main house with 3 studios and 6 1-bedroom apartments and 97 m2 for the 2-bedroom cottage which is the owners' residence. The whole plot is fenced and very well used: At the entrance, after opening the electric gate, there is a driveway on the "calçada" to the 10 parking spaces and gives access to the main house, as well as several paths to the property and other areas of the garden. The recreation area has a nice area with lawn and pool, deck with pergola and shower that faces south. The salt water pool is 6x12m and there is also a 3x3m children's pool next to it. There is plenty of greenery, palm trees and shrubs throughout the property, as well as a terrace with barbecue and sink. The garden, which extends to the east side of the plot, is easy to maintain with gravel and different types of trees and plants. At the back of the house, the plot has various fruit trees such as lemons, oranges, pomegranates, apricots and figs. Crossing the cobbled entrance and heading towards the main house, we enter through a massive carved wooden door that gives access to the villa's lobby, from which we enter the ro

Additional details

Property type

Residential Properties

Object type

House

Price

2 287 321 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Tavira; 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 Tavira 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 (2 287 321 $) 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 Tavira: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

Related sections