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Townhouse 222 м² in Lagos, Portugal

ID 4OWEX
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Area
222 m²
Bedrooms
3
Bathrooms
3

Description

Townhouse with 3 bedrooms in Lagos, Portugal

Located in a central neighborhood, this home is perfect for those looking for a spacious and bright home. As you enter the home through the main hallway, you will realize just how large this wonderful home is. On the main floor you will find the dining room and spacious living room full of light and a fireplace. From here you can step outside where the sun illuminates the pool almost all day long. The kitchen, completely renovated and modern, is equipped and there is an additional room that serves as a laundry room. From the kitchen there is also direct access to the street, where you will find a sunny patio with a barbecue, the perfect place to enjoy meals outdoors and the Algarve sunshine. If you go up the stairs, which you can notice in the living room, the second floor is dedicated to the sleeping area. On this floor there are three large bedrooms, one of which has an en-suite bathroom. All rooms have their own private balcony. In addition, two of the bedrooms have a bathtub. On the lower floor of the house there is a garage. The garage has room for one car and plenty of storage space. There is also a room on this floor that has been converted into an independent apartment that could potentially be used for one more person. This is a neighborhood with a very large lot, natural light and profitability potential. In short, it's a large home perfect for a family, centrally located and has the potential to monetize if I don't use the “basement” area. To get a better understanding of all the details, make n

Characteristics

Property type
Residential Properties
Object type
Townhouse
Price
951 404 $

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 Lagos; 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 Lagos 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 (951 404 $) 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 Lagos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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Townhouse with 3 bedrooms in Lagos, Portugal