Flat 84 м² in Portiman, Portugal

347 086 $

4 131 $ /м²

4OUsp

Flat 84m² in Portugal, Portiman. Priced at 257101£ rent photo- #1

Flat 84m² in Portugal, Portiman. Priced at 257101£ rent photo- #2

Flat 84m² in Portugal, Portiman. Priced at 257101£ rent photo- #3

Flat 84m² in Portugal, Portiman. Priced at 257101£ rent photo- #4

Flat 84m² in Portugal, Portiman. Priced at 257101£ rent photo- #5

Flat 84m² in Portugal, Portiman. Priced at 257101£ rent photo- #6

Area

84 м²

Bedrooms

Bathrooms

Apartment for sale in Portimão, Portugal.

Located in one of the quiet and most accessible areas of Portimao (just 5 minutes from the city center and 5 minutes from Alvor) you will find this new residential complex under construction. Modern design and high quality make this apartment the perfect place for your new home or vacation. Just a couple of minutes from the apartment complex you will find not only the most famous and beautiful beaches of the Algarve, but also all the necessary amenities and daily needs (stores, schools, hospitals, public transportation). This one bedroom apartment of 101 square meters is located on the first floor of a new building with eight apartments - two on each of the four floors. An elevator leads to all floors. A spacious outdoor swimming pool, gym and beautiful gardens complete this residential complex. As you enter the hallway, you will see on the left an open living room with a modern kitchen and Bosch appliances. Panoramic windows give access to an 18 meter terrace where you can enjoy your morning breakfast. Opposite the entrance area is the first bedroom, and to the left of it is the master bedroom with en-suite bathroom equipped with a bathtub. A guest bathroom with shower completes the interior design. A huge amount of natural light penetrates the apartment thanks to the double glazed windows. All apartments are equipped with air conditioning, underfloor heating in the bathrooms, solar water heaters, electric blinds and video intercom. Finally, this apartment has an enclosed parking space for your car, accessible through an electric gate. The tentative completion date is December 2024. Don't miss the opportunity to purchase the apartment at a better price if you decide to take it now!

Additional details

Property type

Residential Properties

Object type

Flat

Price

347 086 $

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 (347 086 $) 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).