Flat 450 м² in Albufeira, Portugal

2 177 324 $

4 838 $ /м²

4OVaV

Flat 450m² in Portugal, Albufeira. Priced at 1624263£ rent photo- #1

Flat 450m² in Portugal, Albufeira. Priced at 1624263£ rent photo- #2

Flat 450m² in Portugal, Albufeira. Priced at 1624263£ rent photo- #3

Flat 450m² in Portugal, Albufeira. Priced at 1624263£ rent photo- #4

Flat 450m² in Portugal, Albufeira. Priced at 1624263£ rent photo- #5

Flat 450m² in Portugal, Albufeira. Priced at 1624263£ rent photo- #6

Area

450 м²

Bedrooms

Bathrooms

Tourist complex with 6 apartments, swimming pool and garage in the heart of Albufeira

This cozy tourist complex of 6 apartments with communal pool and landscaped garden is located in the heart of Albufeira, within walking distance to Oura beach, restaurants, supermarkets and other amenities. The complex consists of 1 one-bedroom apartment, 2 two-bedroom apartments and 3 three-bedroom apartments, ranging in size from 75 sqm to 130 sqm. All apartments are located on the first and second floors, have a living-dining room with fireplace, fitted kitchen, bathroom (some en-suite), terrace and private garage. This project is a great investment opportunity!

Additional details

Property type

Commercial

Object type

Flat

Price

2 177 324 $

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 (2 177 324 $) 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).