Main Countries Buy Rent

Shop 230 м² in Porto, Portugal

1 392 787 $

6 055 $ /м²

4OVlb
Share:

Area

230 м2

Bedrooms

4

Bathrooms

5

Confectionery - ice cream store and bar in the best location in Porto Covo

Come and discover these commercial premises in the heart of Largo Marques de Pombal, the best location in Porto Covo. The establishments are prepared and equipped with all the necessary equipment to start working immediately. Porto Covo is a tourist destination in high demand by local and international tourists, receiving thousands of visitors every year who seek the beautiful beaches of the Costa Vicentina. The new hotels promise to bring even more traffic to this friendly fishing village, also known for the mythical island of Pessegeiro.Porto Covo is 20 minutes from Vila Nova de Milfontes, 30 minutes from Melides and less than 2 hours from Lisbon.Come and visit!--- This property is available for 50/50 sharing with ALL agencies or professionals with an AMI license.

Additional details

Property type

Commercial

Object type

Shop

Price

1 392 787 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Porto; 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 Porto 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 (1 392 787 $) 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 Porto: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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