Mountain View view 2 105 390 $
Description
Faro land. City - Lole
Life by the sea is not just a choice, but a privilege available to those who value the exceptional.
Located on a 2.4-hectare plot in the prestigious area of Fonte Santa, Quarteyra, this unique property has direct access to a tranquil beach and magnificent sea views. Being in an area of high ecological value, it offers a rare combination of privacy and nature, creating an exceptional lifestyle.
At the site, a project for the construction of a 500 m2 building was submitted, illustrative images of which are presented below. The process is currently in standby mode as the Lule Municipal Master Plan (PDM) for the area is temporarily on hold and could be approved after its revision.
Regardless of the approval of this project, the current territorial regulations guarantee the possibility of restoring and expanding the existing ruins, which allows you to build a one-storey villa with an area not less than currently registered with the possibility of increasing by another 50%.
The property is located just a few steps from the sea and in close proximity to all necessary infrastructure:
- 100 m to the beach;
- 100 m to restaurants;
- 950 m to the supermarket;
- 1.7 km to the bus station;
- 9 km to the motorway;
- 23 km to the airport.
It’s not just about buying property, it’s about choosing a lifestyle where exclusivity, freedom and harmony with the sea exist in perfect balance.
Contact us for more information or to arrange an individual review.
Energy consumption class: Seized
#ref:0563/26
Characteristics
- Property type
- Land
- Object type
- Land
- Price
- 2 160 795 $
- Land area
- 24348 m²
Services and facilities
- Private beach
Window view
- Sea View
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 Lole; 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 Lole 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 (2 160 795 $) 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 Lole: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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