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Flat 80 м² in Silves, Portugal

420 797 $

5 259 $ /м²

4OTu7
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Area

80 м2

Bedrooms

2

Bathrooms

2

2 bedroom apartment for sale in Silves, Algarve, Portugal.

The two-bedroom duplex apartment is located on plot #57 in the exclusive Silves Golf resort, with direct views of the course. Upon entering the apartment we find a living room and fully equipped kitchen in an open plan with direct access to the terrace and golf course. We have one bedroom with built-in closet and terrace. This room is supported by an en-suite bathroom with Italian shower. The second bedroom is on the upper floor and has its own bathroom. This room has 2 large windows, one overlooking the golf course and the other overlooking the communal pool. This property has electric blinds and air conditioning. When you purchase a property at one of the Pestana Group resorts in the Algarve we guarantee maintenance, gardening and 24 hour security service to the highest standards. We also offer a resort card to enjoy benefits and perks at our restaurants and bars along with a Pestana Guest Card (PGC) loyalty program with numerous benefits! Pestana Group is the largest international group of Portuguese origin in the tourism sector, present in Europe, America and Africa, with more than 100 hotels and 12,000 rooms under direct management, chosen by more than 3.5 million customers per year. In the hotel business - its core business - the Group operates with four brands: Pestana Hotels & Resorts, Pestana Collection Hotels, Pestana Pousadas de Portugal and Pestana CR7 Lifestyle Hotels. In order to offer complete and attractive products, the Group also operates in several business areas: hospitality, tourist real estate, tourism, golf, casino and industry. - REF: SL57B

Additional details

Property type

All Types

Object type

Flat

Price

420 797 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Silves; 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 Silves 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 (420 797 $) 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 Silves: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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