Property Abroad

Portugal

Faro

Portiman

Flat

Flat 99 м² in Portiman, Portugal

477 592 $

4 824 $ /м²

4Oa2z

Flat 99m² in Portugal, Portiman. Priced at 353746£ rent photo- #1

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Area

99 м²

Bedrooms

Bathrooms

Sale of apartments in Portimão, Portugal

Welcome to your future home in the heart of the charming city of Portimao, in the Ribeirop neighborhood. This exclusive residence offers an exceptional life in a private condominium, surrounded by beautiful gardens and a fantastic pool. Apartment features: Type: T2 Bathrooms: 2 Floor: Top floor Air conditioning: Yes Furnished and equipped: Yes Orientation: South Terrace with breathtaking views of the pool and river. Features and benefits: Solar panels for sustainable energy Private garage in the basement Elevators in the residence for convenient access Secure condominiums consisting of small 2-story blocks Ready to move in, well maintained and cared for Perfect location: Located in the attractive area of Portimao, Ribeirop zone, this apartment offers the perfect balance between privacy and proximity to amenities. The riverfront and stunning pool views create a peaceful and relaxing atmosphere. Unique opportunity: This T2 apartment is a rare opportunity to acquire a modern, stylish, and ready-to-live home in one of the most sought-after areas of Portimao. Perfect for both primary residence and vacation. Contact us now to schedule a viewing and discover your future home in Portimao!

Services and facilities

Pool

Air conditioner

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

477 592 $

Characteristics

Pool

Air conditioner

Lift

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 (477 592 $) 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).