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Flat 148 м² in Vila Nova de Gaia, Portugal

ID 4Ohdm
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Area
148 m²
Bedrooms
4
Bathrooms
3

Description

Apartment in Faro. City - Oljan

Apartment T2, located next to Marina in Olhán, in the Algarve region. This apartment stands out for its innovative architecture and modern design, harmoniously integrating natural elements with high-quality materials. Aesthetics are characterized by elegant lines, spacious open spaces and refined finishes, providing an atmosphere of sophistication and comfort. This property has a total private area of 127.37m2 and a balcony of 16.07m2. The infrastructure and decoration of this complex are characterized by: - Heat insulation; - Aluminum frames and blinds; - Fully equipped kitchen with refrigerator, oven, microwave, hood and induction stove; - Washing and dishwasher; - Ceramic flooring; - Suspended ceilings with built-in lighting; - Suspended plumbing; - Security door; - Air conditioning; - Fire, gas and carbon monoxide detection system; General video surveillance system with infrared cameras. In addition to luxurious amenities, you can enjoy personalized and attentive service in this apartment. The concierge team is always ready to meet your needs and provide individual assistance, including round-the-clock security to fully protect your home and family. Its location offers the perfect combination of tranquility and convenience, providing easy access to water sports, beautiful coastal landscapes and a variety of local services and amenities. Located: - 150 m from the pharmacy; - 400 m from the market; - 600 m from Marina Olyan and the restaurant; - 1 km from the railway station; - 1.5 km from the supermarket; - 7.7 km from the natural park; - 10 km from Faro Hospital; - 15 km from Faro airport; - 16 km from the motorway. Contact us for more information. Energy consumption class: A #ref:0518/24

Characteristics

Property type
Residential Properties
Object type
Flat
Price
710 755 $

Services and facilities

  • Private beach

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 (710 755 $) 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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