Flat 60 м² in Portiman, Portugal

330 043 $

5 500 $ /м²

4OUll

Flat 60m² in Portugal, Portiman. Priced at 241985£ rent photo- #1

Flat 60m² in Portugal, Portiman. Priced at 241985£ rent photo- #2

Flat 60m² in Portugal, Portiman. Priced at 241985£ rent photo- #3

Flat 60m² in Portugal, Portiman. Priced at 241985£ rent photo- #4

Flat 60m² in Portugal, Portiman. Priced at 241985£ rent photo- #5

Flat 60m² in Portugal, Portiman. Priced at 241985£ rent photo- #6

Area

60 м²

Bedrooms

Bathrooms

Buy an apartment in Portimao, Portugal

We present to you an incredible two bedroom apartment that is ready to welcome you with the comfort and style you deserve. With a prime downtown location, this apartment offers a vibrant and convenient city life where all amenities are at your fingertips. The design makes this apartment minimalistic, with a functional design that is creative and full of class. It consists of a modern living room, fully equipped kitchen, bathroom with shower and 2 bedrooms. The property is sold fully furnished and equipped. The building was built in 2021 and the apartment has a parking space. In addition to offering a modern and comfortable space to live in, this apartment also represents a highly profitable investment. The privileged location and recent construction guarantee a constant increase in the value of the property over time. Portimão is a city in constant growth and development, with a growing real estate market. Stay tuned and contact us for more information on this excellent investment opportunity.

Additional details

Property type

Residential Properties

Object type

Flat

Price

330 043 $

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 (330 043 $) 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).