Property Abroad

Portugal

Faro

Portiman

Flat

Flat 70 м² in Portiman, Portugal

309 033 $

4 414 $ /м²

4ObYG

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #1

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #2

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #3

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #4

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #5

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #6

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #7

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #8

Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #9

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Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #13

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Flat 70m² in Portugal, Portiman. Priced at 230777£ rent photo- #22

Area

70 м²

Bedrooms

Bathrooms

A few steps from the sea

Located right in the center of Praia da Rocha, approximately 100 meters from the sea. This fantastic T2 apartment is completely renovated to high standards of quality and comfort. It consists of a fully equipped open kitchen, a living room facing south, two bedrooms with large wardrobes, a full bathroom, and a guest toilet. There is a balcony. The building has open parking with no designated spaces, two elevators, and a concierge. It is located on the third floor. Just a few meters away, you will find supermarkets, restaurants, and other shops necessary for you to have a great vacation or live permanently. For more information or to visit, please contact me.

Services and facilities

Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

309 033 $

Characteristics

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 (309 033 $) 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).