Flat 135,92 м² in Fara, Portugal

397 420 $

2 943 $ /м²

4OUFF

Flat 135,92m² in Portugal, Fara. Priced at 340000€ rent photo- #1

Flat 135,92m² in Portugal, Fara. Priced at 340000€ rent photo- #2

Flat 135,92m² in Portugal, Fara. Priced at 340000€ rent photo- #3

Flat 135,92m² in Portugal, Fara. Priced at 340000€ rent photo- #4

Area

135,92 м²

Bedrooms

Premium 4-bedroom apartment in Portimão!

Magnificent 4-bedroom apartment located in Portimao, famous for its beauty, wealth, architecture and beaches!!!This charming apartment will have premium finishes, large areas, fantastic views over a vast green area, guaranteeing privacy and peace.Let yourself live in comfort! The apartment with three facades has an excellent finish, with a total area of 135m² distributed as follows:- Large well-lit living/dining room of 29m²;- Kitchen 8m²;- Bathroom 3m²;- Suite 15m² with fitted closets and bathroom 5m²;- Suite 11m² with fitted closets and bathroom 3m²;- Bedrooms 13m² and 10m² with fitted closets. The kitchen is equipped with the following appliances:- Oven;- Cooker;- Refrigerator;- Microwave;- Dishwasher;- Washing machine. The finishing of the apartment includes: - Electric blinds;- Centralized system for closing the blinds on all windows at once and simultaneously turning off the light at the entrance to the apartment;- Electric towel dryer in the toilet;- Laminated doors and cabinets;- Kitchen furniture with a finish of laminate Poly one or two colors;- Toilets Roca or similar;- Ceramics Pameza or similar;- Floor TARKKET or similar;- Barbecue on the balcony of the kitchen;- Elevators ORONA with a capacity of 8 people. For air conditioning will be installed air conditioner, as well as electric floor heating in the kitchen and bathrooms.As for the technical security systems, the apartment will be installed intercom and high security door.As for ventilation, it will be natural and with the use of installed air ducts. The apartment will have double glazed windows.The heating of sanitary water will be done through a system of solar panels, reinforced by a boiler, with an individual storage tank.On the outside of the condominium will be a common area and outdoor parking.Completion is scheduled for the first quarter of 2023! Location:-150 m from the kindergarten Fojo;-900 m from a supermarket;-1 km from the hospital São Camilo;-1 km from the Polyclinic Portimão;-1.5 km from the river Arade.

Services and facilities

Air conditioner

Household appliances

Balcony or terrace

Lift

Additional details

Property type

All Types

Object type

Flat

Price

397 420 $

Characteristics

Air conditioner

Household appliances

Balcony or terrace

Lift

City View

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 (397 420 $) 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).