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Flat 120 м² in Portiman, Portugal

405 911 $

3 382 $ /м²

4OWNJ
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Area

120 м2

Bedrooms

3

Bathrooms

2

Apartments for sale in Portimão, Portugal

Introducing Terraços do Mocho, a private development located in the tranquil neighborhood of Cabeço do Mocho, Sesmarias, Portimão. This exquisite project consists of three buildings, each with three floors with a basement, and comprises a total of 21 luxury dwellings. Construction will be carried out in three phases to ensure a smooth development. Terraços do Mocho offers exclusive T2 + 1 apartments, providing a sense of exclusivity with limited accessibility. These well-designed residences are flooded with natural light and feature spacious living areas complemented by expansive panoramic terraces and balconies (from 8 to 60 m2) offering unobstructed mountain and sea views. Each apartment comes with 1 or 2 parking spaces in the basement, which can be accessed by elevator. The apartments on the second floor have the added bonus of a roof terrace accessible from the apartment itself, allowing residents to enjoy the serene surroundings and the possibility of installing a Jacuzzi or swimming pool. Terraços do Mocho is designed with a focus on comfort, safety and elegant finishes and strives for an A+ energy rating. The apartments, regardless of their storey, feature spacious terraces for outdoor relaxation. The high quality finishes and insulation are testament to impeccable craftsmanship and attention to detail. The first apartments at Terraços do Mocho are scheduled for completion by September 2023, giving residents the opportunity to experience the epitome of luxury.

Additional details

Property type

Residential Properties

Object type

Flat

Price

405 911 $

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 (405 911 $) 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).

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