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Land 142 м² in Lagoa, Portugal

ID 4OhiN
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Area
142 m²

Description

Apartment in Porto. City - Porto

A unique opportunity to purchase housing in Porto The modern building, located on one of the central streets of Porto, consists of 50 studios and apartments with 1 and 2 bedrooms, ideal for a young and dynamic audience. In a project with modern architecture, priority is given to functionality and design. Studio composition: - Living room and kitchen 24.2m2; - Bathroom 4.8m2; - 3m2 balcony; - 11m2 garage. Additional characteristics: - Portrisa security doors or equivalent; - Anodized aluminum frames with double glazing and thermal fracturing; Candy home appliances or equivalent; EFAPEL electrical materials or equivalent; - LED projectors; - Video intercom; - Water heating with a heat pump; - Stainless steel dishwasher with OFA single-lever mixer or equivalent; - Orona lifts or equivalent; - Pre-installed air conditioning. Nearby: 1.5 km from the A3 and A4 motorways; 1.7 km from the public school; 2 km from the University Hospital Center San Juan; 2 km from the University Centre of Porto; 2.4 km from the metro station; - 2.8 km from the shopping center; - 2.9 km from secondary school; - 4 km from the pharmacy; - 4 km from Kovelo Public Park; 4.7 km from primary school; - 14 km from Porto Airport. Don't miss this opportunity! Work will begin in May 2025, and completion is scheduled for December 2026. Call us now! Energy consumption class: B #ref:0024/25

Characteristics

Property type
Land
Object type
Land
Price
235 052 $
Land area
577 m²

FAQ

How can I get a residence permit by buying property in Portugal?

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lagoa; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Portugal?

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.

What taxes and fees apply when buying in Portugal?

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.

How is the title checked in Portugal?

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.

Can I rent out property after purchase in Portugal?

Yes. Rental income tax is 5–25% depending on the regime. In Lagoa short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (235 052 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Portugal?

A typical transaction runs 30–90 days, averaging 45 in Lagoa: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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Land 142 m² in Lagoa, Portugal