Flat 91 м² in Portiman, Portugal

359 717 $

3 952 $ /м²

4OUhG

Flat 91m² in Portugal, Portiman. Priced at 271875£ rent photo- #1

Flat 91m² in Portugal, Portiman. Priced at 271875£ rent photo- #2

Flat 91m² in Portugal, Portiman. Priced at 271875£ rent photo- #3

Flat 91m² in Portugal, Portiman. Priced at 271875£ rent photo- #4

Flat 91m² in Portugal, Portiman. Priced at 271875£ rent photo- #5

Flat 91m² in Portugal, Portiman. Priced at 271875£ rent photo- #6

Area

91 м²

Bedrooms

Bathrooms

For sale 3-bedroom apartment completely renovated in Fojo, in the center of Portimao, in a quiet area with green areas.

Apartment with 3 bedrooms, 2 bathrooms, living room, spacious kitchen and a very spacious winter veranda. The apartment has been fully renovated, high quality plumbing and electrical work has been carried out. High security front door, double glazed windows, floating and underfloor heating. Apartment with lots of natural light, cool in summer and not too cold in winter. Great option for permanent residence, close to schools, shopping area, pharmacy, medical center, market, etc. Schedule your visit (ref:C0240-02401).

Additional details

Property type

Residential Properties

Object type

Flat

Price

359 717 $

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 (359 717 $) 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).