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Flat 97 м² in Lole, Portugal

1 593 913 $

16 432 $ /м²

4OiSy
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Area

97 м2

Bedrooms

3

Bathrooms

2

Apartment in Faro. City - Lole

The first line of the sea, on the famous Quarterly, this 3-bedroom apartment offers a truly unique location just a few steps from the beach and with a permanent frontal view of the Atlantic Ocean.

The fully renovated property is in excellent condition, combining comfort, functionality and modern finishing materials. The apartment has a spacious and bright living room with access to the balcony overlooking the sea, three bedrooms, a fully equipped kitchen, updated bathrooms, a new flooring and double-glazed windows.

For added convenience, the apartments include a parking space in an underground garage and private storage features, which are increasingly valued in such a central and sought-after area.

The surrounding infrastructure provides a unique lifestyle with direct access to the beach, restaurants, local shops, municipal market, services and public transport without the need to use a car.

Whether it is a permanent residence by the sea, a holiday home in the Algarve or an investment with high rental potential, this offer is worth considering.

Attractions/distances:

- Quarteyra Beach - 0 m;
- Municipal market of the Quarter - 300 m;
- Casino Vilamora - 3.2 km;
- Marina Vilamora - 3.6 km;
- Aquashow Park - 4.7 km;
- Victoria Golf Course - 7.8 km
- Lule - 13.0 km;
- Fórum Algarve - 21.7 km;
- Faro Airport - 22.4 km;
- Faro Hospital - 22.9 km.

A rare opportunity to purchase a renovated apartment with parking, storage and frontal sea views in one of the most sought-after areas of the Algarve.
Energy consumption class: C
#ref:0542/26

Services and facilities

Balcony or terrace
Private beach
Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 593 913 $

Characteristics

Balcony or terrace
Private beach
Lift
Sea View

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lole; 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 Lole 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 (1 593 913 $) 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 Lole: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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