Flat 64 м² in Lagos, Portugal

33 040 $

516 $ /м²

4OXKq

Flat 64m² in Portugal, Lagos. Priced at 28250€ rent photo-

Area

64 м²

Bedrooms

Prestige

Apartments in the complex "Prestige", located in the residential area of Burgas - Meden Rudnik. The house is located near the main street, with parking nearby. The area has well-developed infrastructure: shops, schools, kindergartens, banks, post office.

The house consists of five sections, including cellar, ground floor, five residential floors, and terrace floor. The ground floor will house a grocery store, pharmacy, beauty salon, fitness center, and cocktail bar. The residential floors will have 110 apartments with one and two bedrooms.

The apartments will be rented without finishing.

For an additional fee, it is possible to complete the apartment "turnkey":

2,500 euros - for a 1-bedroom apartment

4,000 euros - for a 2-bedroom apartment.

Additional details

Property type

Residential Properties

Floor

Object type

Flat

Price

33 040 $

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 (33 040 $) 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).