Duplex 130,6 м² in Fara, Portugal

476 734 $

3 667 $ /м²

4OUGO

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #1

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #2

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #3

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #4

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #5

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #6

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #7

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #8

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #9

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #10

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #11

Duplex 130,6m² in Portugal, Fara. Priced at 400000€ rent photo- #12

Area

130,6 м²

Bedrooms

Triplex 2-bedroom condo in Lagoa!

AVAILABLE FOR GOLDEN VISA 280K3-storey 2-bedroom apartment located in Lagoa, one of the main centers of orange culture and export in Europe, with a design of unique origin, decorated in turquoise blue, it is an incredible resort that fully embraces the culture and beauty of the place..The apartment has 2 bedrooms, 2 bathrooms, fully equipped kitchen, balcony, terrace and living room.Shared outdoor swimming pool, gym and spa.The finishes have a modern design with a simple touch. The kitchen will be equipped with:-Oven oven;-Kitchen hood;-Fridge;-Microwave oven;-Induction hob;-Dishwasher;-Washer;-Washing machine.For climatization, air conditioning system is installed and there is an intercom, alarm system and reinforced door. Outside there is a communal swimming pool, gardens and parks.Location:-2,5 km from the train station;-3 km from the service area;-7,5 km from the supermarket;-10 km from the beach;-14,4 km from the highway;-63 km from Faro airport.Yield:- in the first 2 years: 5%;- in the following years: % calculated on the basis of percentage and net value of the company's financial year

Services and facilities

Air conditioner

Balcony or terrace

Additional details

Property type

All Types

Object type

Duplex

Price

476 734 $

Characteristics

Air conditioner

Balcony or terrace

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Fara; 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 Fara 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 (476 734 $) 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 Fara: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).