Flat 97 м² in Albufeira, Portugal

343 075 $

3 536 $ /м²

4OUsr

Flat 97m² in Portugal, Albufeira. Priced at 257101£ rent photo- #1

Flat 97m² in Portugal, Albufeira. Priced at 257101£ rent photo- #2

Flat 97m² in Portugal, Albufeira. Priced at 257101£ rent photo- #3

Flat 97m² in Portugal, Albufeira. Priced at 257101£ rent photo- #4

Flat 97m² in Portugal, Albufeira. Priced at 257101£ rent photo- #5

Flat 97m² in Portugal, Albufeira. Priced at 257101£ rent photo- #6

Area

97 м²

Bedrooms

Bathrooms

2 Bedroom apartment for sale in Albufeira and Olhos de Aga, Albufeira.

For sale one bedroom apartment description: a lovely 2 bedroom apartment with excellent space located on the first floor consisting of 2 bedrooms with fitted closets, 2 bathrooms, spacious living room and patio with small garden and open countryside views. Equipped kitchen with pantry, air conditioning in all rooms. Gated and very quiet condominium with pool, large green area, 1 parking space in basement and storage room. Located just minutes from the beach and all services and 10 minutes from Vilamoura. Book your inspection now as this is a great investment for your vacation or even monetization! Condo 85 EUR/month, property tax: 280 EUR/year.

Additional details

Property type

Residential Properties

Object type

Flat

Price

343 075 $

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 (343 075 $) 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).