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New apartment with a terrace in a residential complex with a garden, a pool and a parking, Portimao, Portugal

450,000 €
3,169 € /m²
£381,000
£2,683 /m²
  • Total area
    142 m²
  • Bedrooms
    3
  • Bathrooms
    2
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Features
  • Total rooms: 4
  • 3 floor
  • Built in 2021
  • Balcony or terrace
  • TV
  • Swimming pool
  • Garden
  • Car parks
  • Sea view

A new residential complex under construction for people who want to buy real estate as a rental investment, holiday home or permanent residence. The modern building under construction will offer high quality standards with a combination of modern architecture and functional lines. In a closed condominium, residents will have access to magnificent internal gardens, a communal pool and a private parking garage. There will be six blocks in which there will be 59 apartments.

Most apartments in the living/dining room and open-plan kitchen have floor-to-ceiling glass windows, which means that there are breathtaking sea views around. Construction should be completed in the first half of 2021.

Interior

This apartment is located on the third floor and will consist of three bedrooms, three bathrooms, a large living/dining room, an open-plan kitchen and a terrace. The living area is 144.20 m² with a terrace of 76 m², the total area is 220.20 m².

Equipment

The kitchen will be equipped with built-in appliances such as an oven, induction hob, microwave, ceiling fan, washing machine, dishwasher and American refrigerator. All bedrooms will be equipped with fitted wardrobes and thermal blinds, and the living rooms will be air-conditioned. Television and telephone lines will be installed in all rooms, and development will have access to solar panels.

Location and nearby infrastructure

Portimão is an extremely popular area with blue flag beaches, shops and attractions.

Portimão is the largest city in the western Algarve; it has traditionally been a center for sardine fishing and processing, but today much of this industry has been supplanted by tourism and retail, making Portimao a big tourist city.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other new homes for sale in Portugal.

You can see more new homes for sale in Portimao elsewhere on our website.

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

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      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

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