House 213 м² in Lagoa, Portugal

350 722 $

1 646 $ /м²

4OTiP

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #1

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #2

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #3

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #4

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #5

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #6

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #7

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #8

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #9

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #10

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #11

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #12

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #13

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #14

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #15

House 213m² in Portugal, Lagoa. Priced at 299000€ rent photo- #16

Area

213 м²

Land for sale Lagoa, Algarve, Portugal

This attractive farm restoration project is situated in a peaceful rural location, yet is less than 5km from the nearest beach. This is an ideal project for those with an eye for the potential of this sought after location. Practically 1.5 hectares of land here has an abundance of trees including olive and almond trees. This could be an ideal property for horses or simply those wishing to get away from the hustle and bustle of the city into the countryside. The nearest golf course and shopping center as well as an international school can be reached in 5 minutes by car. The beautiful village of Porches is just 2 km away (easily accessible by bike or a 25-minute walk), and the lively coastal town of Armazão de Perra is less than 5 km away. Faro Airport can be reached in 35 minutes by highway.

Additional details

Property type

All Types

Object type

House

Price

350 722 $

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 (350 722 $) 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).