Flat 53 м² in Portiman, Portugal

221 823 $

4 185 $ /м²

4OUmu

Flat 53m² in Portugal, Portiman. Priced at 164204£ rent photo- #1

Flat 53m² in Portugal, Portiman. Priced at 164204£ rent photo- #2

Flat 53m² in Portugal, Portiman. Priced at 164204£ rent photo- #3

Flat 53m² in Portugal, Portiman. Priced at 164204£ rent photo- #4

Flat 53m² in Portugal, Portiman. Priced at 164204£ rent photo- #5

Flat 53m² in Portugal, Portiman. Priced at 164204£ rent photo- #6

Area

53 м²

Bedrooms

Bathrooms

Apartment for sale in Portimão, Portugal

New fully renovated and furnished one bedroom apartment in the center of Praia da Rocha. It is ready to live in or rent. One bedroom with double bed, air conditioning and access to the balcony. Equipped kitchen with cooking area. Living room with sofa bed, TV, air conditioning and access to the balcony. Bathroom with shower. Spacious hall with dressing room. Large balcony with summer furniture. Apartment on the 6th floor facing east. Outdoor parking. Utility bills are 47 euros per month. Quiet neighborhood, but at the same time within walking distance to famous beaches, restaurants, bars, clubs, stores, gym and supermarket. Available for viewing.

Additional details

Property type

All Types

Object type

Flat

Price

221 823 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Portiman; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

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.

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.

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.

Yes. Rental income tax is 5–25% depending on the regime. In Portiman short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (221 823 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Portiman: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).