Duplex 130,6 м² in Fara, Portugal

469 909 $

3 614 $ /м²

4OUKX

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

Area

130,6 м²

Bedrooms

2 Bedroom Apartment on 3 Floors (Triplex)

APPLICABLE FOR GOLDEN VISA PROGRAM 280A 2 bedroom apartment on 3 floors (Triplex) located in Lagoa, within one of the main centers of culture and export of oranges in Europe, with its shapes and design of unique origin, the cliffs and its color in turquoise blue, it is an amazing resort that absorbs culture and beauty that automatically meets the standards of the place. The apartment includes 2 bedrooms, 2 bathrooms, fully equipped kitchen, balcony, terrace and living room, with communal outdoor pool, gym and SPA. The kitchen will be equipped with the following: -Oven;-Exhaust fan;-Microwave oven;-Induction hob;-Dishwasher;-Washing machine;-Washing machine. There is an air conditioning system for air conditioning.As for the technical security systems, there is an intercom, alarm system and armored 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.Profitability:- in the first 2 years: 5%;- in the following years: % calculated on the basis of percentage and net worth of the company's fiscal year

Services and facilities

Air conditioner

Garage/parking

Balcony or terrace

Lift

Additional details

Property type

All Types

Object type

Duplex

Price

469 909 $

Characteristics

Air conditioner

Garage/parking

Balcony or terrace

Lift

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 (469 909 $) 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).