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Shop 176 м² in Lisbon, Portugal

ID 4OVjH
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Area
176 m²
Bedrooms
4

Description

Others - Commercial for sale in Estrela, Lisbon

Description The Alcântara district is located in the heart of the city, in close proximity to the Tagus River. Lovers of good gastronomy find in Alcântara good reasons to make this place their choice thanks to the gastronomic establishments present here, characterized by simplicity and refined taste, where you can enjoy delicious dishes. Nightlife lovers also have in Alcantara one of the main centers of entertainment. Here is the opportunity to integrate into this concept with national or international gastronomy. Fully equipped and furnished restaurant, two floors that share two dining rooms and a basement that serves as storage, there is an excellent refrigeration area. Equipped with loads to serve on three floors, air conditioning, and all the equipment inherent to the activity provided to date, on an area of 200m². This is a free standing, ready to open immediately, catered restaurant. The building in which the catered restaurant is located can be converted into residential premises, for which an application must be made to the Lisbon City Hall for a change of the current status. Another advantage of the neighborhood is the convenient connection to the rest of the city. Both by own car and by public transportation, it is easy and quick to get here. The proximity to CUF Tejo and all other services available in the area should be emphasized, which is a consequence of the gradual increase in the number of residents due to the supply of residential buildings and new complexes that have appeared in the neighborhood.

Characteristics

Property type
Commercial
Object type
Shop
Price
1 608 669 $

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 Lisbon; 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 Lisbon 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 (1 608 669 $) 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 Lisbon: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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