Property Abroad

Portugal

Porto

Flat

Flat 115 м² in Porto, Portugal

498 903 $

4 338 $ /м²

4OUI4

Flat 115m² in Portugal, Porto. Priced at 421000€ rent photo- #1

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Area

115 м²

Bedrooms

3 Bedroom Apartment in Paranhos

Two bedroom apartment in Paraños with a convenient location, close to the A20 highway.The total area of 126 m2, divided into:- Living room;- Kitchen;- 3 bedrooms;- 2 bathrooms;- Balcony.The windows face east-south. The apartment has 2 garage spacesGeneral Finishing:Facade of natural stone and aluminum composite Alucobond;Window frames with hidden sashes of aluminum oscillobatant with thermal break and double glazing;External aluminum shutters with electric drive and thermal insulation. Equipment:Internal hot water is produced by BAXI/ROCA heat pump;Central heating;Video intercom.Living room, kitchen, bedrooms and corridors with floating floors finished with a noble layer of woodBathrooms with walls and floors of rectified ceramic. Kitchen:Cabinet fronts in lacquered MDF;Worktops in quartz pressed glass;SIEMENS appliances, including:- oven;- hob;- extractor fan;- fridge;- dishwasher;- washing machine - tumble dryer. m from Arca D ́Água garden; -320 m from schools; -400 m from universities; -430 m from supermarket; -800 m from metro; -2,4 km from city center.

Services and facilities

Air conditioner

Household appliances

Garage/parking

Balcony or terrace

Lift

Additional details

Property type

All Types

Object type

Flat

Price

498 903 $

Characteristics

Air conditioner

Household appliances

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 Porto; 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 Porto 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 (498 903 $) 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 Porto: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).