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Flat 122 м² in Albufeira, Portugal

638 252 $

5 231 $ /м²

4OV7B
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Area

122 м2

Bedrooms

2

Bathrooms

1

One bedroom apartment in Albufeira, Algarve.

Luxury residential development under construction and available for sale in the Oura neighborhood of Albufeira. The complex consists of two pools: a family pool with a large green lawn around it and a swimming pool on the roof of the building with panoramic views. Apartment with fully equipped kitchen with all BOSCH appliances together with living room in open space. Bedrooms with fitted closets and bathroom with hanging furniture. The first floor apartment has two terraces, one at the entrance to the apartment and the other approximately 50 m2 and oriented south-southwest. The first and second floors have a 30 m2 balcony either south or west facing. The upper floor also has a 30 m2 balcony with sea view on the west side. Air conditioning and solar water heaters are installed, the building has an elevator and each apartment will have two parking spaces in the basement. Additional installation of a jacuzzi is possible. Welcome to Albufeira, a picturesque coastal town located in the heart of the Algarve, Portugal. As a real estate professional with a specialty in helping people move to Albufeira, I'm here to share with you why this vibrant place should be your new home. Albufeira is known for its stunning beaches and breathtaking coastal scenery. Imagine waking up to the sound of waves crashing on the golden sand, with the warm Mediterranean sun greeting you every morning. The city has a variety of beautiful beaches including Praia dos Pesadores, Praia da Oura and Praia de San Rafael, each offering its own unique charm and atmosphere. Whether you enjoy sunbathing, swimming or water sports, Albufeira's beaches offer endless opportunities for relaxation and leisure. In addition to beaches, Albufeira offers a rich cultural heritage that blends perfectly with modern amenities. The historic city center, known as the Old Town, has narrow cobblestone streets framed by white-washed buildings adorned with bright bougainvillea. Here you'll find plenty of traditional Portuguese restaurants, cozy cafes and lively bars. Take a stroll through the charming streets, sample local delicacies and soak up the mesmerizing atmosphere. Albufeira is also a destination revered by outdoor enthusiasts. The region is generously endowed with boundless natural beauty, including the impressive rock cliffs of Ponta da Piedade and the calming beauty of the Ria Formosa Natural Park. FromWalking and cycling to golf and water sports, Albufeira offers countless opportunities for communing with nature and practicing sports. In addition, Albufeira is known for its favorable living conditions. The city enjoys a temperate Mediterranean climate with over 300 days of sunshine per year. Combined with low crime rates and excellent medical facilities, this makes it an ideal place to settle down and enjoy a relaxed and fulfilling lifestyle. In terms of infrastructure, Albufeira offers excellent connectivity. Faro International Airport is in close proximity, providing easy access to and from larger European cities. The city itself is well served by public transportation and there are schools, supermarkets and shopping centers in close proximity. Whether you are looking for a permanent residence or a vacation home, Albufeira offers something for everyone. The real estate market in Albufeira is diverse and you can find a variety of housing options, from charming townhouses and apartments in the Old Town to luxury villas with beautiful sea views. Whether you prefer a peaceful retreat or a lively beach lifestyle, Albufeira can cater to your preferences. In conclusion, Albufeira is a charming resort that combines stunning natural beauty, rich cultural heritage and a high quality of life. With beautiful beaches, a charming Old Town and plenty of outdoor activities, Albufeira offers the perfect

Additional details

Property type

Residential Properties

Object type

Flat

Price

638 252 $

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 (638 252 $) 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).

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