Flat 97 м² in Portiman, Portugal

232 544 $

2 397 $ /м²

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Flat 97m² in Portugal, Portiman. Priced at 173657£ rent photo- #1

Flat 97m² in Portugal, Portiman. Priced at 173657£ rent photo- #2

Flat 97m² in Portugal, Portiman. Priced at 173657£ rent photo- #3

Flat 97m² in Portugal, Portiman. Priced at 173657£ rent photo- #4

Flat 97m² in Portugal, Portiman. Priced at 173657£ rent photo- #5

Flat 97m² in Portugal, Portiman. Priced at 173657£ rent photo- #6

Area

97 м²

Bedrooms

Bathrooms

Apartment for sale in Portimão, Portugal.

A 3 bedroom apartment in the center of Portimão, on the second floor, ready to live in very good condition. It consists of 3 bedrooms, all with fitted closets, 2 bathrooms. One of them with shower, fully equipped kitchen, 4 balconies, elevator and garage for one car. This property is close to important services such as schools, banks, pharmacy, municipal market, health center, financial institutions and public transportation. Great place to live or for the rental market. Located 2,7 km from the beach of Praia da Rocha.Ideal for year round living!Portimão is a port city in the Algarve region, in the south of Portugal. It is known for its old town, lively marina and proximity to several beaches. The Portimão Museum is housed in a restored 19th-century canning factory and features displays on the history of the area. The Gothic church of Our Lady of Conception has ceramic tiles. To the south is the beach of Praia da Rocha, which has more than a kilometer of golden sand with various bathing facilities. On this beach, where the temperature is high in summer and mild all year round, you can relax but also engage in various activities and sports. The seafront part of Portimão has a concentration of the most traditional restaurants and lovely areas for relaxation. Portimão is the second most populous city in the Algarve and one of the most important commercial centers of this region of Portugal. Make an appointment to view now.

Additional details

Property type

Residential Properties

Object type

Flat

Price

232 544 $

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 (232 544 $) 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).