Property Abroad

Portugal

Algarve

Fara

Flat

Flat 115,87 м² in Fara, Portugal

1 303 547 $

11 335 $ /м²

4OUCz

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #1

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #2

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #3

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #4

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #5

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #6

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #7

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #8

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #9

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #10

Flat 115,87m² in Portugal, Fara. Priced at 1100000€ rent photo- #11

Area

115,87 м²

Bedrooms

Two bedroom apartment with 116 square meters of living space located in Albufeira!

FOR GOLDEN VISAAA two-bedroom apartment with 116 square meters of living space, with two balconies of 50,90 square meters, located in Albufeira! The residence consists of 154 luxurious two and three bedroom residences located in a pine forest of incredible landscape beauty, above the sea, next to a golf course.The residence expresses its special lifestyle by providing various services to support your lifestyle.Special conditions and discounts on services such as: -direct beach access, -golf, -tennis, -gyms, -playground, -spa,-13 restaurants and bars.There are additional services such as housekeeping, concierge services and 24-hour service managed by Marriott International at a discounted rate.Property Use Cases:Live or rent a profitable tourist property, managed by Marriott International. Condominium with private security 24 hours a day, seven days a week. International Michelin star restaurants in the same region.300 days of sunshine a year.Public and private hospitals equipped to the highest European standards, have protocols with most international insurers.There are international schools and the University of the Algarve.Location:-Faro Airport is 30 minutes away and the Motorway is 15 minutes away-Lisbon Airport is 150 minutes away.

Services and facilities

Air conditioner

Pool

Household appliances

Garage/parking

Balcony or terrace

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 303 547 $

Characteristics

Air conditioner

Pool

Household appliances

Garage/parking

Balcony or terrace

Sea View

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Fara; 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 Fara 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 (1 303 547 $) 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 Fara: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).