Flat 106 м² in Lole, Portugal

498 387 $

4 701 $ /м²

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Flat 106m² in Portugal, Lole. Priced at 425000€ rent photo- #1

Flat 106m² in Portugal, Lole. Priced at 425000€ rent photo- #2

Flat 106m² in Portugal, Lole. Priced at 425000€ rent photo- #3

Flat 106m² in Portugal, Lole. Priced at 425000€ rent photo- #4

Flat 106m² in Portugal, Lole. Priced at 425000€ rent photo- #5

Flat 106m² in Portugal, Lole. Priced at 425000€ rent photo- #6

Area

106 м²

Bedrooms

Bathrooms

Apartment in Faro. City - Lole

2-room apartment with a balcony with a total area of 105.8 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 balcony provides the perfect outdoor space for relaxation and a pleasant pastime.

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

Composition of the facility:

- 2-room apartment on the first floor;
- Total area of 105.8 m2;
- Balcony.

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:0286/26

Services and facilities

Private beach

Additional details

Property type

Residential Properties

Object type

Flat

Price

498 387 $

Characteristics

Private beach

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 (498 387 $) 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).