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Flat 145 м² in Lisbon, Portugal

ID 4OWoa
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Area
145 m²
Bedrooms
3
Bathrooms
3

Description

Luxury 3 bedroom apartment for sale in Avenida de Madrid, Lisbon

Excellent 3 bedroom apartment located in the Madrid Apartments complex, in the center of Lisbon. The apartment is located on the 1st floor, has a total area of 145 square meters, 2 parking spaces and a storage room. Good sunny orientation from east to west. The apartment has a wide social area, with a living room, closed kitchen, guest toilet and a corridor leading to the sleeping area, namely a suite of 23 sqm, a bedroom of 11 sqm, another bedroom of 14 sqm and a shared bathroom. The apartment also has a lovely 11 sqm terrace with access through the kitchen and one of the bedrooms, as well as a technical outdoor area (laundry room). High quality finishes define the elegance and practicality of the functional rooms. The thermal and acoustic insulation of the building is the result of a choice based on the high quality of materials and equipment from which each zone is made. Air conditioning, double glazing and kitchens equipped with Bosch or similar appliances. Madrid Apartments is a new complex in the center of Lisbon, built by the prestigious architectural firm Saraiva + Associados and located in the heart of the city, between Madrid Avenue and Fernando Pessa Garden. The building is also equipped with elevators and provides residents with a private green garden with deck and walkways. There are nine two and three-bedroom apartments in the complex. In these residences, each area has been designed to become an exclusive haven for well-being and inspiration, with spaces that invite

Characteristics

Property type
Residential Properties
Object type
Flat
Price
990 579 $

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 (990 579 $) 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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