Flat 72 м² in Lole, Portugal

403 900 $

5 609 $ /м²

4OiJ8

Flat 72m² in Portugal, Lole. Priced at 350000€ rent photo- #1

Flat 72m² in Portugal, Lole. Priced at 350000€ rent photo- #2

Flat 72m² in Portugal, Lole. Priced at 350000€ rent photo- #3

Flat 72m² in Portugal, Lole. Priced at 350000€ rent photo- #4

Flat 72m² in Portugal, Lole. Priced at 350000€ rent photo- #5

Flat 72m² in Portugal, Lole. Priced at 350000€ rent photo- #6

Area

72 м²

Bedrooms

Bathrooms

Apartment in Faro. City - Lole

1-bedroom apartment with a terrace with a total area of 71.95 m2, located in a 3-storey residential building for only 6 apartments, in Carteira.

A balanced solution combining comfort, quality of construction and proximity to the sea, services and shops.
The terrace gives the apartment added value by creating a versatile and secluded open space, ideal for relaxing, receiving guests or eating outdoors.

The project is designed to provide functionality and comfort, with modern finishing materials and an effective layout.

Composition of the facility:

- 1-room apartment on the first floor;
- Total area of 71.95 m2;
- Terrace.

Main characteristics:

- Modern finishing;
- Energy certificate A;
- Good insolation.
- Low-rise building (total 6 apartments);
- A quiet living environment.

Ideal for permanent residency or investment, including use as a holiday home.

Location in Carteira:

- 500 m to public school;
- 700 m to Continente supermarket;
2 km to the nearest golf course;
- 2 km to the beach;
- 2 km to a private hospital;
- 7 km to private school;
- 20 km to Faro Airport.

A high-demand area in the Algarve, with good transport accessibility and high potential for value growth.

Construction period: September 2026
Energy consumption class: A
#ref:0285/26

Services and facilities

Private beach

Balcony or terrace

Additional details

Property type

Residential Properties

Object type

Flat

Price

403 900 $

Characteristics

Private beach

Balcony or terrace

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 (403 900 $) 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).