Flat 80 м² in Tavira, Portugal

585 802 $

7 322 $ /м²

4OVGE

Flat 80m² in Portugal, Tavira. Priced at 433639£ rent photo- #1

Flat 80m² in Portugal, Tavira. Priced at 433639£ rent photo- #2

Flat 80m² in Portugal, Tavira. Priced at 433639£ rent photo- #3

Flat 80m² in Portugal, Tavira. Priced at 433639£ rent photo- #4

Flat 80m² in Portugal, Tavira. Priced at 433639£ rent photo- #5

Flat 80m² in Portugal, Tavira. Priced at 433639£ rent photo- #6

Area

80 м²

Bedrooms

Commercial property for sale, Tavira (Santa Maria and Santiago), in Tavira, Portugal.

EXCLUSIVE OFFER! BUILDING WITH BUSINESS AREA ON THE FIRST FLOOR AND ONE BEDROOM APARTMENT ON THE FIRST FLOOR. WITH TERRACE AND RIVER VIEW IN THE CENTER OF TAVIRA!A unique opportunity to purchase this building located in the center of the historic town of Tavira on the first line of the river Gilan. The building consists of 3 floors, with a commercial space (restaurant) on the ground floor.The first floor is a house with a more traditional design, consisting of 2 bedrooms, one of which has a balcony, 1 bathroom, kitchen and living room.The building also has a large roof terrace with stunning views of the Gilan River, right in front of the jetty from where you can take a boat to the famous island of Tavira, a favorite destination of the townspeople. The terrace also has 2 adjoining rooms - a storage room and a mini gymnasium. The consent and approval of the City Council has already been obtained for the possibility to build a second floor, which increases the value of the building and is an added advantage considering its location in a privileged place of Tavira.The building has two separate entrances, one to the house and one to the restaurant. It is at a minimum distance from all the stores and services that the city offers, just a short walk away.Great business opportunity. Book your visit now.

Additional details

Property type

Commercial

Object type

Flat

Price

585 802 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Tavira; 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 Tavira 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 (585 802 $) 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 Tavira: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).