Property Abroad

Portugal

Azores

Lagoa

House

House 88 м² in Lagoa, Portugal

52 784 $

599 $ /м²

4OU9e

House 88m² in Portugal, Lagoa. Priced at 45000€ rent photo- #1

House 88m² in Portugal, Lagoa. Priced at 45000€ rent photo- #2

House 88m² in Portugal, Lagoa. Priced at 45000€ rent photo- #3

House 88m² in Portugal, Lagoa. Priced at 45000€ rent photo- #4

House 88m² in Portugal, Lagoa. Priced at 45000€ rent photo- #5

House 88m² in Portugal, Lagoa. Priced at 45000€ rent photo- #6

House 88m² in Portugal, Lagoa. Priced at 45000€ rent photo- #7

House 88m² in Portugal, Lagoa. Priced at 45000€ rent photo- #8

Area

88 м²

Bedrooms

Bathrooms

Year of construction

1945

Ruins of a stone house on the island of Azores to be reconstructed

A property in a very special location in the Azores for sale. If you are looking for a magnificent stone ruins project in a very private, tranquil location with incredible views, then this property is for you. Two handmade stone buildings created from volcanic stone stand timeless in a vast garden of greenery.... For Sale Type: Villa Inhabited: None Condition: Under Restoration Floor Area: 88 m² Land Size: 880 m² Attention potential buyers of this investment. I have also included some wonderful examples of renovations of very traditional stone cottages built in the Azores. This should give you an idea of the renovation potential of this cottage. In the islands, the district authorities encourage the renovation of these cottages, and sometimes offer subsidies to renovate the cottage to its original condition to preserve the cultural heritage of the Azores.

For more information, azoresruin.eu5.org or contact the seller via the form below.

Additional details

Property type

Commercial

Number of rooms

Object type

House

Price

52 784 $

Land area

888

Location

In the Mountains

Distance to key points, m

To airport 1

To sea 1

To school 2

To center 1

To university 1

To shops 1

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lagoa; 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 Lagoa 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 (52 784 $) 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 Lagoa: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).