Flat 92 м² in Portiman, Portugal

816 467 $

8 874 $ /м²

4OW9V

Flat 92m² in Portugal, Portiman. Priced at 695000€ rent photo- #1

Flat 92m² in Portugal, Portiman. Priced at 695000€ rent photo- #2

Flat 92m² in Portugal, Portiman. Priced at 695000€ rent photo- #3

Flat 92m² in Portugal, Portiman. Priced at 695000€ rent photo- #4

Flat 92m² in Portugal, Portiman. Priced at 695000€ rent photo- #5

Flat 92m² in Portugal, Portiman. Priced at 695000€ rent photo- #6

Area

92 м²

Bedrooms

Bathrooms

Luxury 3 bedroom apartments for sale in Portimão, Portugal

This luxury condo is located in the best location in Alvor - consisting of two levels, this duplex penthouse offers stunning bay and ocean views throughout the condo. The living-dining room is an open concept and has a private balcony, and is open to the kitchen which is fully equipped with new appliances including a separate wine refrigerator and advanced technology boiler. There is access from the kitchen to another balcony. There are three bedrooms, including one with en-suite bathroom and balcony, and two bedrooms sharing a bathroom, all with fitted closets. On the second floor of the penthouse is a 92 m2 terrace with a seating area, offering stunning views of the estuary and the ocean. It is complete with an outdoor kitchen, shower and connection for the installation of a Jacuzzi, allowing you to enjoy the magnificent views while spending the evening in the summer lounge in total privacy. This apartment is finished with attention to detail and quality. It is equipped with air conditioning, elevator, storage room and parking for two cars. The town of Alvor is within walking distance and its magnificent beach is only a short drive away. A hospital, supermarket and golf are less than 5 minutes away.

Additional details

Property type

All Types

Object type

Flat

Price

816 467 $

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 (816 467 $) 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).