Property Abroad

Portugal

Porto

Vila Nova de Gaia

Flat

Flat 168 м² in Vila Nova de Gaia, Portugal

1 765 760 $

10 510 $ /м²

4OhiD

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #1

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #2

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #3

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #4

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #5

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #6

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #7

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #8

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #9

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #10

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #11

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #12

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #13

Flat 168m² in Portugal, Vila Nova de Gaia. Priced at 1550000€ rent photo- #14

Area

168 м²

Bedrooms

Bathrooms

Apartment in Faro. City - Oljan

This fantastic three-bedroom apartment offers a total area of 115 m2, including two balconies of 23 m2 and one parking space.

With a generous area, this accommodation includes:

- 1 bedroom with bathroom (suite);
2 bedrooms with built-in wardrobes;
- 1 hallway;
1 fully equipped open-plan kitchen;
- 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 Olhão pier;
- 16 km from Faro Airport.

In addition, Olhão 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:0817/24

Services and facilities

Air conditioner

Lift

Household appliances

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 765 760 $

Characteristics

Air conditioner

Lift

Household appliances

Furniture

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 (1 765 760 $) 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).