Flat 55,95 м² in Fara, Portugal

525 997 $

9 563 $ /м²

4OUCx

Flat 55,95m² in Portugal, Fara. Priced at 450000€ rent photo- #1

Flat 55,95m² in Portugal, Fara. Priced at 450000€ rent photo- #2

Flat 55,95m² in Portugal, Fara. Priced at 450000€ rent photo- #3

Flat 55,95m² in Portugal, Fara. Priced at 450000€ rent photo- #4

Flat 55,95m² in Portugal, Fara. Priced at 450000€ rent photo- #5

Area

55,95 м²

Bedrooms

A high standard 1 bedroom apartment in a luxury resort!

AVAILABLE FOR GOLDEN VISA 400KHigh standard 1 bedroom apartment in a luxury resort, with sea views in Carvoeiro !!This charming apartment will have a luxurious high standard finish, a total area of 56 m² and a balcony of 17 m².Finishes and features.The resort guarantees privacy in its grounds 24 hours a day. Residents have access to swimming pools, gardens, parks, roof terrace, restaurant, bar, gym, underground parking, and hotel and rental management services. Maintenance and repair work, transportation to beaches and so on are the responsibility of the resort management company.The apartments have thermal insulation, double-glazed windows, wooden floors and so on.Underfloor heating in the toilets and air conditioning in all apartments. The kitchens are fully equipped with the latest appliances including: dishwasher, washing machine, refrigerator, extractor, stove and oven, microwave and coffee maker.There are apartments with and without parking spaces.Location.● 7,5 km from the railway station in Estômbar, Lagoa;● 4 km from Lagoa;● 65 km from Faro;● 30 minutes by car to Faro International Airport;● 5 minutes by car and 15 minutes walking distance to the beach'.

Services and facilities

Air conditioner

Pool

Household appliances

Balcony or terrace

Lift

Additional details

Property type

Elite

Object type

Flat

Price

525 997 $

Characteristics

Air conditioner

Pool

Household appliances

Balcony or terrace

Lift

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 (525 997 $) 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).