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Flat 59 м² in Lisbon, Portugal

533 514 $

9 042 $ /м²

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Area

59 м2

Bedrooms

2

Bathrooms

2

Apartment in Faro. City - Albufeira

An investment opportunity at the heart of Albufeira. 1 bedroom apartment with an area of 97.1 m2 and an operating model designed for those looking for profitability in the Algarve tourist market.

The property can generate a guaranteed annual income of 5% or variable income depending on the chosen option. The owner is also given the option of exclusive use of the apartment throughout the year, combining investment with personal accommodation.

Albufeira combines golden sandy beaches and cliffs (such as Praia dos Pescadores, Oura and Falésia) with a lively historical center, modern marina and active nightlife factors that ensure high tourist demand.

Just minutes away are family entertainment such as Zoomarine and several water parks, as well as famous golf courses, helping to extend the tourist season and attract a more paying audience.

This variety of sun and beach, sea and nature, family vacation, golf and nightlife enhances the appeal of investment in tourist properties in the area.

Located on the ground floor of the building, with direct access to the pool area, the apartment includes:

- Fully equipped bathroom;
- Fully equipped mini-kitchen (ceramic cooking panel, oven, refrigerator);
- Air conditioning, satellite TV, safe.

Exclusive infrastructure and services:

- Outdoor pool with barbecue area and indoor heated pool;
- Full Health Club (Gym, Jacuzzi, sauna, Turkish bath);
- 2 tennis courts;
- Several restaurants and bars (Piano Bar, Eva restaurant, Grill, Self-service);
- Game halls, conference and banquet halls;
- Extensive green areas and recreation areas;
- 112 private parking spaces.

Reasonable investment:
Guaranteed income of 5% per year, secured by the legal title of operation is the optimal solution for investors focused on stable profitability in the Algarve tourism market.

Location:

- Praia dos Pescadores: 1.4 km;
- Albufeira Centre: 2.5 km;
- Albufeira Hospital: 3 km;
- Marina Albufeira: 5 km;
- Golf (Pine Cliffs): 8 km;
- Zoomarine: 11 km;
- Aquashow Park: 16 km;
- Faro Airport: 36 km.
Energy consumption class: D
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Services and facilities

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Additional details

Property type

Residential Properties

Object type

Flat

Price

533 514 $

Characteristics

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FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lisbon; 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 Lisbon 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 (533 514 $) 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 Lisbon: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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