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Flat 134 м² in Vila Nova de Gaia, Portugal

1 030 938 $

7 693 $ /м²

4Ohhw
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Area

134 м2

Bedrooms

3

Bathrooms

3

Apartment in Faro. City - Oljan

This fantastic T3 apartment offers a total area of 114m2, including two 23m2 balconies and one parking space.

With a spacious layout, the property includes:
1 main bedroom with its own bathroom;
2 bedrooms with built-in wardrobes;
- 1 hallway;
1 fully equipped kitchen-studio;
- 1 pantry;
- 2 modern bathrooms;
- 1 parking space;
- shared pool.

On the territory of the complex, residents can enjoy a swimming pool surrounded by beautiful gardens, ideal for outdoor activities and sports. The spacious balconies provide a privileged view of the Ria Formosa, ideal for relaxation.

Location:
- 230 m from the supermarket;
- 750 m from the pharmacy;
- 850 m from the restaurant;
- 1 km from the hospital;
1.3 km from the railway station;
- 1.5 km from the bus station;
- 2.5 km from the Oljan marina;
- 16 km from Faro Airport.

In addition, Oljan offers a unique atmosphere of peace and tranquility with bars, cafes and restaurants with cozy terraces where you can enjoy the fantastic sunrises and sunsets of the island.

This is an excellent investment opportunity for both permanent residence and rental.

Contact us today for more information.
Energy consumption class: A
#ref:0815/24

Services and facilities

Private beach
Security system
Heating system
Lift
Household appliances
Garden

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 030 938 $

Characteristics

Private beach
Security system
Heating system
Lift
Household appliances
Garden

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Vila Nova de Gaia; 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 Vila Nova de Gaia 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 (1 030 938 $) 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 Vila Nova de Gaia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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