Flat 56 м² in Lagos, Portugal

129 617 $

2 314 $ /м²

4OXJQ

Flat 56m² in Portugal, Lagos. Priced at 112000€ rent photo-

Area

56 м²

Bedrooms

Villa Elena

We offer you a closed-type complex "Villa Elena" in the city of Burgas. Burgas is the youngest and fourth largest city in Bulgaria, and has been recognized as the best city for housing in Bulgaria for five years in a row. The "Villa Elena" project was created with great attention to the smallest details to attract the attention of connoisseurs of aesthetics and comfort. The complex consists of 20 apartments ranging in size from 60 sq.m. to 200 sq.m. The last 2 floors are designed as 4 penthouses. An ideal option for year-round living. "Villa Elena" is located 100 meters from the Burgas Sea Garden.

Infrastructure:

Fitness center

Jacuzzi

Sauna

24-hour security

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

129 617 $

Location

By the Sea

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lagos; 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 Lagos 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 (129 617 $) 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 Lagos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).