Flat 124 м² in Tavira, Portugal

547 482 $

4 415 $ /м²

4OVRP

Flat 124m² in Portugal, Tavira. Priced at 470000€ rent photo- #1

Flat 124m² in Portugal, Tavira. Priced at 470000€ rent photo- #2

Flat 124m² in Portugal, Tavira. Priced at 470000€ rent photo- #3

Flat 124m² in Portugal, Tavira. Priced at 470000€ rent photo- #4

Flat 124m² in Portugal, Tavira. Priced at 470000€ rent photo- #5

Flat 124m² in Portugal, Tavira. Priced at 470000€ rent photo- #6

Area

124 м²

Bedrooms

Bathrooms

A 9-room luxury apartment is for sale at Rua Eng. Técnico Agricola José Manuel Brito da Mana, Lot nº 1, Tavira (Santa Maria e Santiago), Tavira, District of Faro.

The apartment is located on the top floor. The apartment has a great area, three bedrooms with wardrobes. There is a laundry room and plenty of storage space in the apartment. The living room is 30 sqm and the kitchen is 8 sqm. There is one parking space in the garage and a storage room of 5.5 sqm. Air conditioning is installed in the living room and one in each bedroom. Refrigerator, microwave, oven, ceramic hob, dishwasher and washing machine. Outdoor jacuzzi. Laminated kitchen furniture with a Silestone stone countertop, built-in appliances. Three colors are available: cream, light gray, and white. White walls, white doors. The bedroom floor is floating wood, can be cream, light gray, or white. The living room and hallway floor is ceramic, can be cream, light gray, or white. I am the developer and builder, so I will take very good care of your apartment.

Additional details

Property type

Residential Properties

Object type

Flat

Price

547 482 $

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 (547 482 $) 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).