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Flat 88 м² in Albufeira, Portugal

257 963 $

2 931 $ /м²

4Ohik
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Area

88 м2

Bedrooms

1

Bathrooms

1

Faro land. City - Lagoa

A unique opportunity to build your dream home or invest in a future project in one of the most sought-after locations in the Algarve.

The plot area is 593 m2, it is possible to build a two-storey villa of 141 m2.

There is also an opportunity to build a swimming pool and re-build a basement that is not included in the building area and is ideal for a garage, pantry or relaxation room.

This site is designed to complement the surrounding landscape, especially the eastern side, with panoramic views, offering privacy, comfort and unity with nature.

You will feel that the sunrise is just for you.

Excellent location:
-600m from the school;
-2 km from Lagoa Medical Center;
-3 km from the international school;
-3 km from Route A22;
4-6 km from the four best golf courses;
-10 km from Portimao Hospital; -7 km from Marigna, Benagil and Carvoeiro beaches;

- 11 km from the shopping center;

- 57 km from Faro International Airport.

Do you want to build a house to stay, relax or earn rental income? This site in Lagoa offers a reliable and unique opportunity in the Algarve.

Invest now and turn this project into your future!
Energy consumption class: Seized
#ref:0510/25

Services and facilities

Balcony or terrace
Private beach
Air conditioner
Household appliances
Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

257 963 $

Characteristics

Balcony or terrace
Private beach
Air conditioner
Household appliances
Pool
Park View
City View

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Albufeira; 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 Albufeira 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 (257 963 $) 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 Albufeira: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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