Main Countries Buy Rent

Flat 104 м² in Albufeira, Portugal

ID 4OUmz
Share
VKFacebookOK
Area
104 m²
Bedrooms
2
Bathrooms
1

Description

1+1 bedroom apartment in Albufeira, Algarve

Luxury construction in the process of being sold in Oura, Albufeira. Condominium with two swimming pools: one more suitable for families, with a large lawn area around it, and the other located on top of the building with panoramic views. Apartment with fully equipped kitchen and BOSCH appliances, connected to the living room in a single space. Bedrooms with fitted closets and bathroom with hanging furniture. The apartments on the first floor have two terraces: one at the entrance to the apartment and another of about 50 square meters with south south-west orientation on the back side. The apartments on the first and second floors have a balcony of 30 square meters facing south or west. The top floor also has a 30 square meter balcony facing the sea to the west. Each apartment has the possibility to install air conditioning and solar water heater, the building is equipped with an elevator and each apartment will have two parking spaces in the basement. There is a possibility to install a Jacuzzi as an additional option. Welcome to Albufeira, a picturesque resort town located on the coast of the beautiful Algarve region of Portugal. As a professional real estate agent specializing in helping people relocate to Albufeira, I'm happy to share with you the reasons why this vibrant resort should be your new home. Albufeira is renowned for its gorgeous beaches and breathtaking coastline. Imagine waking up to the sound of waves crashing on the golden sand, and the warm Mediterranean sun greeting you every morning. The city has many beautiful beaches including Praia dos Pescadores, Praia da Oura and Praia de São Rafael, each with its own unique charm. Whether you like to sunbathe, swim or try water sports, Albufeira's beaches provide endless opportunities for relaxation and fun. Besides the beaches, Albufeira offers a rich cultural heritage that coexists perfectly with modern amenities. The historic city center, known as the Old Town, is adorned with narrow cobbled u

Characteristics

Property type
Residential Properties
Object type
Flat
Price
575 263 $

Services and facilities

  • Pool
  • Garage/parking

FAQ

How can I get a residence permit by buying property in Portugal?

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.

Is a mortgage available for non-residents in Portugal?

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.

What taxes and fees apply when buying in Portugal?

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.

How is the title checked in Portugal?

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.

Can I rent out property after purchase in Portugal?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (575 263 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Portugal?

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).

Related sections

Property News

All news
How to choose the right school abroad: tips and recommendationsTurkey and Portugal: conditions for renting and residence permitsKronos Real Estate will manage the €1 billion property.What does the Digital Nomad Visa in Portugal offer?Are property prices in Europe really continuing to decline?These are the 10 most expensive houses for sale in PortugalPortugal simplifies citizenship law: who is eligible?Chase Buchanan Wealth Management has published a new free guide to the Italian tax system for expats.
Flat with 2 bedrooms in Albufeira, Portugal