Flat 110 м² in Albufeira, Portugal

1 398 116 $

12 710 $ /м²

4OVkB

Flat 110m² in Portugal, Albufeira. Priced at 1199000€ rent photo- #1

Flat 110m² in Portugal, Albufeira. Priced at 1199000€ rent photo- #2

Flat 110m² in Portugal, Albufeira. Priced at 1199000€ rent photo- #3

Flat 110m² in Portugal, Albufeira. Priced at 1199000€ rent photo- #4

Flat 110m² in Portugal, Albufeira. Priced at 1199000€ rent photo- #5

Flat 110m² in Portugal, Albufeira. Priced at 1199000€ rent photo- #6

Area

110 м²

Bedrooms

Bathrooms

Sale of luxury 2-bedroom apartments in 8260, Albufeira e Olhos de Água, Albufeira, District of Faro

Fairy-tale two-bedroom penthouse within walking distance of Albufeira beach. The apartment is located in a building that is in close proximity to Inatel beach in Albufeira. The apartment is being sold with furniture and equipment, consisting of two bedrooms with bathrooms and a third additional bathroom, open-plan kitchen and living room. The penthouse has a private upper terrace of over 60 sqm with a beautiful sea view. Albufeira is world-renowned for its beaches, with over twenty beaches, each with unique characteristics, from wonderful cliff beaches to long sandy beaches with a golden hue. The gastronomy, based on seafood and fish, like all of the Algarve, stands out for the exceptional quality of the various restaurants. Albufeira has the most complete nightlife in the Algarve, known for fantastic nights that are offered to all who visit. Don't miss this opportunity! Book your visit now!

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 398 116 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Albufeira; 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 Albufeira 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 (1 398 116 $) 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 Albufeira: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).