Volcanic stone house in the Azores, Lagoa, Portugal
This property is located in a very attractive part of this special island with great potential. Providing excellent access to local services while offering you privacy with incredible sea views. This is the original Azores stone cottage, which was completed many years ago. Each stone was carved from volcanic stone by hand. The house was partially renovated and a new kitchen was added. New floors and ceilings have also been replaced. The idea was not to spend too much money on renovations to push the house out of the market. This way, you will be more available to add your own finishing touches and create. So, make this little privacy your home away from home, and it's just looking for your personal final touches: Price 175,000 euros Price is also open to negotiating a cash offer.
The offer is considered only in the presence of a pledge and a legal contract. Payment is also accepted in bitcoins.
Additional information on myazorescottage.eu5.org or contact via the form below.
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 (184 684 $) 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).
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