New two-level apartment with 1 bedroom in Setubal with guaranteed immediate yield.
Located next to the Tagus River, in Seishal Bay, in a developing area with huge potential, this apartment is an ideal investment for investors looking to make immediate profits and an interesting property value.
Just 25 km from the city centre and 28 km from Lisbon Airport. In close proximity to the beaches of Costa da Caparica and 30 km from the magnificent mountain range of Serra da Arrabida. Options for leisure in the fresh air are diverse: golf, climbing, cycling, hiking, etc.
The property is a two-level 1-bed apartment with a total area of 113 square meters. m and has a rating of 4 stars.
On the two roofs of the hotel there is a panoramic pool, a sunbathing area, a sauna and a bar overlooking the city. The hotel also has a fully equipped gym and an innovative co-working space that includes a bar, restaurant and event room.
Among the hotel's services - round-the-clock multilingual reception with delivery of keys, receipt/delivery of parcels, strollers/baggage and storage. Room service, cleaning, laundry, breakfast, wake-up service and video surveillance in public areas.
A 4% return is guaranteed for 3 years with a 2-week-per-year use period for 1-bedroom studios and apartments, or it is allowed to use a menu with a longer or full period of use for 1-bedroom and 3-bedroom duplexes.
The entire apartment is for sale equipped and furnished, with high-end products and luxurious finishes, with an additional investment of 20,000.
Energy consumption class: C
#ref:1183/23
Characteristics
Property type
Residential Properties
Object type
Flat
Price
731 346 $
Services and facilities
Private beach
Security system
Heating system
Lift
Household appliances
Pantry
Balcony or terrace
Window view
City View
Sea View
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 Vila Nova de Gaia; 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 Vila Nova de Gaia 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 (731 346 $) 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 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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