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Flat 118 м² in Olhão, Portugal

1 512 602 $

12 818 $ /м²

4Ohi3
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Area

118 м2

Bedrooms

2

Bathrooms

1

Apartment in Porto. City - Vila Nova di Gaia

Luxury apartment T3 with a total area of 160m2.

Located on the fourth floor, this apartment includes two bedrooms, a suite and a fully equipped open kitchen of 45m2 with access to a balcony of 18m2. This apartment also includes two parking spaces and a storage room on the -2nd floor.

Technical specifications:
- Floors in the hall, living room, kitchen and bedrooms of multi-layered oak with an upper layer of valuable wood;
- Suspended ceilings of drywall with a thickness of 13 mm;
- Walls of projection plaster type "Seral";
- Cabinets with interior decoration of linen melamine, doors from MDF;
- Moisture-resistant boards from MDF;
- Heating and cooling using a multisplit system with internal wall blocks;
- Heating sanitary water with a heat pump;
- Video intercom;
Private parking with access to the basement through an automatic gate with remote control;
- Separate waste collection points on the driveway to the complex for collecting undivided solid waste, glass, paper and packaging;
- Conference room.
- Landscape design with a children's playground, recreation and leisure areas, a reservoir and wooden paths.

This project was designed to offer all the necessary elements for a comfortable family life. Residents will have access to a shared garden and playground for all buildings, fostering a greater sense of community and interaction between families.

Location:
- 2 km to the supermarket,
- 2 km to Arrábida shopping center,
- 2 km to the pharmacy,
- 2.5 km to Porto,
- 15 km to Porto Airport.

The expected construction period is 30 months, starting in May 2024.
Energy consumption class: A
#ref:0436/24

Services and facilities

Private beach
Security system
Air conditioner
Lift
Household appliances
Furniture
Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 512 602 $

Characteristics

Private beach
Security system
Air conditioner
Lift
Household appliances
Furniture
Garage/parking
Sea View

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Olhão; 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 Olhão 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 (1 512 602 $) 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 Olhão: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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