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Flat 101 м² in Lagoa, Portugal

349 587 $

3 461 $ /м²

4OWKv
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Area

101 м2

Bedrooms

2

Bathrooms

2

Luxury 2 bedroom apartment for sale in Lagoa, Distrito de Faro

This charming apartment is located in the picturesque area of Lagoa and Carvoeiro, in the district of Faro, and is the ideal option for those looking for a stunning and functional accommodation. This two-bedroom apartment is the epitome of comfort and elegance. It is located on the second floor of a building constructed in 2009. One of the most attractive features of this apartment is its south facing sunny aspect, which provides a uniquely bright and warm atmosphere. With a total private area of 101 square meters and a total built-up area of 116 square meters, this apartment offers a cozy and well distributed space. There are two bedrooms, one with en-suite bathroom and a full social bathroom, an open plan kitchen, dining and living room, air conditioning in all rooms. There is also a spacious balcony of 13 square meters, ideal for enjoying the mild climate of the region and relaxing outdoors. The condominium known as Monte Santo is truly unique, offering a luxurious vacation with romantic features. Its residents have access to seven pools that provide a sense of extravagance and fun, perfect for relaxing and socializing. This condominium is also a safe and well-established choice with an excellent rating. The location of this apartment is another advantage. It is just five minutes away from the N125 highway, one of the main transportation routes in the region, which provides quick connections to various neighborhoods. In addition, there are restaurants, supermarkets,

Additional details

Property type

Residential Properties

Object type

Flat

Price

349 587 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lagoa; 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 Lagoa 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 (349 587 $) 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 Lagoa: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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