Luxury 1-room apartment with a total area of 48.1 m2.
Located on the second floor, this apartment has one bedroom and a fully equipped open-plan kitchen of 17.5 m2 with access to a balcony of 2.8 m2.
This apartment also has a parking space and storage room.
Technical specifications:
- Floors in the hall, living room, kitchen and bedrooms of multi-layered oak with an upper layer of valuable wood;
- Suspended ceilings of drywall with a thickness of 13 mm;
- Walls of projection plaster type "Seral";
- Cabinets with interior decoration of linen melamine, doors from MDF;
- Moisture-resistant boards from MDF;
- Heating and cooling using a multisplit system with internal wall blocks;
- Heating sanitary water with a heat pump;
- Video intercom;
Private parking with access to the basement through an automatic gate with remote control;
- Separate waste collection points on the driveway to the complex for collecting undivided solid waste, glass, paper and packaging;
- Conference room.
- Landscape design with a children's playground, recreation and leisure areas, a reservoir and wooden paths.
This project was designed to offer all the necessary elements for a comfortable family life. Residents will have access to a shared garden and playground for all buildings, fostering a greater sense of community and interaction between families.
Location:
- 2 km to the supermarket,
- 2 km to Arrábida shopping center,
- 2 km to the pharmacy,
- 2.5 km to Porto,
- 15 km to Porto Airport.
The expected construction period is 30 months, starting in May 2024.
Energy consumption class: A
#ref:0474/24
Characteristics
Property type
Residential Properties
Object type
Flat
Price
604 421 $
Services and facilities
Private beach
Air conditioner
Heating system
Household appliances
Pool
Balcony or terrace
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 Lagos; 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 Lagos 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 (604 421 $) 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 Lagos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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