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Flat 123 м² in Fara, Portugal

ID 4OULK
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Area
123 m²
Bedrooms
2

Description

Luxury Apartments in Vilamoura

ACCESSIBLE FOR GOLDEN VISA 400K.The new tourist complex in Vilamoura is an architectural project designed by renowned architect Vasco Vieira, which offers an experience of luxury and sophistication. The condominium, consisting of a total of 45 apartments, has a wide range of amenities to ensure the comfort and entertainment of its residents. The complex also offers a padel and tennis court, ideal for sports enthusiasts, as well as a small practice area where golfers can hone their skills.The spacious three-bedroom first floor (T3) apartments feature private front and back gardens and an exclusive infinity pool, providing guests with a tranquil and secluded environment to relax in nature. Apartments located on the first two and three floors have spacious balconies with beautiful views of the complex, the golf course and the sea on the horizon. The apartments on the second floor, also with two and three bedrooms, have spacious balconies and, being penthouses, offer access to each apartment's private terrace where residents can enjoy the exclusive infinity pool and incredible views.All apartments are sold fully furnished and include a garage for 2 or 3 cars for residents' convenience. Finished with high quality materials from Porcelanosa and equipped with water underfloor heating for greater thermal comfort. The apartments are equipped with air conditioning built into the suspended ceiling and a home automation system, providing a modern and technologically advanced environment.This tourist complex in Vilamoura offers luxury and comfort, with elegant and fully furnished apartments, a 110 meters long communal swimming pool, relaxation areas and incredible golf and sea views. This is the perfect place for those looking for a sophisticated and relaxing vacation in one of the Algarve's most stunning locations. Vilamoura is recognized worldwide as a place of unique beauty, combining fun and sophistication. The proximity of the marina with its various stores, restaurants and bars as well as the casino makes the atmosphere even more exclusive and vibrant. DISTANCE1.3 km - Millennium and Lagoon1.5 km - Vilamoura Tennis Club1.9 km - Vilamoura Marina1.9 km - Victoria Golf2 km - The Old Course Golf2.1 km - Falesia Beach - Vilamoura15 km - Loulé Private Hospital22 km - Gambelas Private Hospital - Faro26 km - Faro State Hospital 25 km - Faro Airport

Characteristics

Property type
Residential Properties
Object type
Flat
Price
1 343 159 $

Services and facilities

  • Air conditioner
  • Pool
  • Household appliances
  • Garage/parking
  • Balcony or terrace

Window view

  • Sea View

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 Fara; 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 Fara 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 (1 343 159 $) 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 Fara: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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