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Flat 119 м² in Lisbon, Portugal

ID 4OWtb
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Area
119 m²
Bedrooms
2
Bathrooms
3

Description

Luxury 2 bedroom apartment for sale in Praca de Espanha (Nossa Senhora de Fatima), Lisbon

A 2-bedroom apartment in the new DUUO complex, located less than 10 minutes walk from Praca España, Calouste Gulbenkian Foundation and El Corte Ingles, in Avenidas Novas, a central and privileged neighborhood of Lisbon. The apartment consists of two bedrooms with closets, both with en-suite bathrooms, a living room with open kitchen and a shared bathroom. There is a pleasant balcony with access through the living room. The fraction also has a storage room, 2 parking spaces in the garage, fitted kitchen - SIEMENS, AEG or similar appliances and energy efficient A. Benefiting from the privacy and security of a private condominium, DUUUO offers its residents several infrastructures and amenities: a pleasant garden with two swimming pools, for adults and children, gym, multi-purpose room, reception with Bring Me box and bike parking, 24-7 surveillance, among others.... DUUO has a total of 140 apartments of varying sizes, from one to four bedrooms, as well as penthouses with private pools. The apartments range in size from 53 to 492 square meters. Conveniently located a short distance from the city center, it is surrounded by parks, restaurants and stores, close to schools and several public transportation stops. Energy Rating: A

Characteristics

Property type
Residential Properties
Object type
Flat
Price
926 779 $

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 (926 779 $) 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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