Flat 88 м² in Albufeira, Portugal

624 405 $

7 095 $ /м²

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Flat 88m² in Portugal, Albufeira. Priced at 467930£ rent photo- #1

Flat 88m² in Portugal, Albufeira. Priced at 467930£ rent photo- #2

Flat 88m² in Portugal, Albufeira. Priced at 467930£ rent photo- #3

Flat 88m² in Portugal, Albufeira. Priced at 467930£ rent photo- #4

Flat 88m² in Portugal, Albufeira. Priced at 467930£ rent photo- #5

Flat 88m² in Portugal, Albufeira. Priced at 467930£ rent photo- #6

Area

88 м²

Bedrooms

Bathrooms

Apartments for sale in Albufeira, Portugal

Introducing this stunning 52 unit oceanfront resort located in the most prestigious area of the Algarve, one of the most exclusive vacation and real estate destinations in Europe. With direct access to the ocean, stunning amenities and already completed construction, this is a unique opportunity with long term value potential. There are beautiful high quality T1 and T2 apartments for sale. Prices range from 545,000 to 750,000. Contact us for more information or to schedule a visit.

Additional details

Property type

Residential Properties

Object type

Flat

Price

624 405 $

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 (624 405 $) 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).