Luxury apartment for sale in Bairro Alto (Merces), Lisbon
A 2 bedroom apartment in the Palacio Ficalho complex in Bairro Alto. This spacious apartment of 138 square meters consists of a large entrance hall, guest bathroom, spacious living room of 36 square meters, closed kitchen and laundry room. Two bedrooms are en-suite, the master bedroom is 19 square meters. Both bedrooms have built-in closets. Ficalho Palace is located in the historic part of Lisbon, in Bairro Alto, a picturesque area characterized by narrow streets and sidewalks, old houses and traditional trade. The palace was originally built in 1787 and was called Palacio dos Marqueses de Ficalho (Palace of the Marquis de Ficalho). Today it is a residential building with 6 floors, 16 apartments and typologies from 1 to 4 bedrooms, designed by the famous architect Samuel Torres de Carvalho, who has carried out many restoration and modernization projects in the city. The palace has been meticulously restored, maintaining its timeless identity and respecting the architectural heritage of the past, preserving the characteristics of the original building while welcoming modern living and cosmopolitan amenities. Excellent finishes and materials: electric towel rails in the bathrooms, closets, kitchen equipped with Smeg appliances (induction hob, extractor hood, fridge, oven, microwave, dishwasher and washing machine). Building with elevator. Located in one of the most typical areas of the city, Bairro Alto was built at the end of the 16th century.
Characteristics
Property type
All Types
Object type
Flat
Price
848 428 $
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 (848 428 $) 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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