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Flat 164 м² in Lisbon, Portugal

ID 4OWti
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Area
164 m²
Bedrooms
3
Bathrooms
4

Description

Luxury apartment for sale in Expo Sul, Lisbon

A three bedroom apartment of 164 square meters located in the Park Building at Prata Riverside Village. The apartment has three bedrooms, all with closets, all with en-suite bathrooms, an open kitchen with an 11 square meter island and a spacious 49 square meter living room. In addition to a private bathroom, the apartment has a guest bathroom. There is a spacious terrace of 88 square meters in front of the living room and one of the suites, overlooking the river. The apartment also has 2 parking spaces in the garage and 1 storage room. Park Building is one of the buildings that make up the renowned Prata Riverside Village complex. An exclusive complex of studio apartments up to T4, targeting a diverse audience but united by a sensitivity to design, architecture and attention to detail. The building is located on the first line of the river and on the first line of the magnificent Ribeirinho Oriente Park. Spacious apartments with good open spaces, with high quality finishes: Ernesto Meda kitchens with SMEG appliances; air conditioning and home automation; private parking with electric car charger and storage room; energy efficiency class A or A+. Located near the central square of the neighborhood in which it is located, with over 100 commercial spaces and services, the Park Building also has panoramic elevators overlooking the Tagus and the building's communal garden. Prata Riverside Village is a landmark project located in Lisbon's waterfront area and includes several buildings

Characteristics

Property type
All Types
Object type
Flat
Price
1 488 668 $

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 Lisbon; 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 Lisbon 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 (1 488 668 $) 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 Lisbon: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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