Flat 184 м² in Fara, Portugal

2 588 257 $

14 066 $ /м²

4OUGZ

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #1

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #2

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #3

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #4

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #5

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #6

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #7

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #8

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #9

Flat 184m² in Portugal, Fara. Priced at 2211000€ rent photo- #10

Area

184 м²

Bedrooms

A 3 bedroom apartment in a luxury development in Almancil, Lole!

AVAILABLE FOR GOLDEN VISA 400KA 3 bedroom apartment in a luxury complex in Almancil, Loulé.Provides first class sports and wellness facilities, surfing, horse riding, trekking, consists of 5 world class golf courses, exceptional restaurants and is located close to the beaches.Ownership of the residence gives the owner the privilege of access to a culture of modern leisure facilities and exclusive hotel benefits.The apartment has an area of 184 m² and a total area of 252 m². It consists of a living/dining room and open kitchen, bathroom, three suites with dressing room and balconies.The kitchen is fully equipped.Hotel benefits for the owner:● Concierge● Individual check-in● High-speed Wi-Fi● Daily housekeeping and bedding change● Free 3-year membership in the world's largest association, thanks to which you can visit more than 240 of the world's best resorts and hotels;● Owners receive a discount on hotel servicesThe apartments are owned with all furniture and appliances. All apartments have a spacious balcony or terrace, fully equipped kitchen, parking and storage facilities. The properties will be managed by an international brand.There are several apartments of the same type, with similar layout but slightly different sizes and prices! The resort is located 20 minutes drive from Faro airport!

Services and facilities

Air conditioner

Pool

Household appliances

Garage/parking

Balcony or terrace

Additional details

Property type

Elite

Object type

Flat

Price

2 588 257 $

Characteristics

Air conditioner

Pool

Household appliances

Garage/parking

Balcony or terrace

Park 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 (2 588 257 $) 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).