Luxury 4 bedroom apartment for sale in Praca de Espanha (Nossa Senhora de Fatima), Lisbon
A 4-room apartment located in the new DUUO complex, in the Avenidas Novas neighborhood, in a central and privileged area of Lisbon, less than 10 minutes walk from Praca España, Calouste Gulbenkian Foundation and El Corte Ingles. The apartment is located in a building with excellent construction quality and consists of four bedrooms, all with en-suite bathrooms and fitted closets. In the social area there is a large living room, kitchen, laundry room and shared bathroom. There are also three balconies, one of which is 31 square meters with views of Lisbon. The apartment also has a storage room and two parking spaces. The apartment has excellent quality finishes, fully equipped kitchen with Siemens, AEG or similar appliances, energy efficiency A, reinforced door, balcony railings in colorless laminated glass and aluminum frames. Benefiting from the privacy and security of a private condominium, DUUO has green spaces, two heated swimming pools (adult and children's), recreation and relaxation areas, gym, multi-purpose room for parties and meetings, reception area with smart mailboxes like Bring Me Box, bike rack with electric charging and direct access to the street, and 24-hour surveillance. The DUUO complex consists of 140 apartments with one to four bedrooms, as well as penthouses with private pools and ranging in size from 53 to 492 square meters. Due to its excellent location on Avenidas Novas, in the heart of Lisbon, DUUO has all kinds of commerce, services and schools in its surroundings.
Characteristics
Property type
Residential Properties
Object type
Flat
Price
1 732 675 $
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 (1 732 675 $) 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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