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Villa – Albufeira, Faro, Portugal

530,000 €
£447,000
  • Total area
    204 m²
  • Land area
    204 m²
  • Bathrooms
    4
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    Price per sqm increase 7.28% over 2020*

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    Location with high rental demand

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    Residence permit for the entire investor's family

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    The opportunity to acquire Portuguese citizenship

*According to globalpropertyguide.com

These residence permit conditions are effective until the end of 2021. Close a deal by the end of November to get all necessary paperwork for a residence permit done in time.

Features
  • Total rooms: 4

A beautiful brand new four bedroom villa for sale in Branqueira, Albufeira. Offering a wide variety of amenities including a private swimming pool, air-conditioning and underground parking, this villa would make an ideal investment for anyone looking to relocate, own a holiday home or make a good rental return in this ever-popular part of the Algarve. Comprised of three levels and four bathrooms along with the four bedrooms, this new property will have plenty of space in which to accommodate groups of friends or families. There will be a lovely and fully equipped kitchen which is ideal for creating delicious meals and entertaining guests. Branqueira is a quiet residential area located just five minutes from the bustling town of Albufeira. Ideally situated close enough to enjoy all of the amenities that Albufeira has to offer but far enough away to be able to be a relaxing retreat, this villa is perfect for holiday makers or those looking to relocate. Albufeira in the Central Algarve, attracts thousands of visitors every year and it's easy to understand why! There is Albufeira old town with its pretty cobbled streets lined with restaurants, bars, cafes and shops and the lively nightlife in São João, the marina with its sugar candy coloured apartments and last but not least the lovely, sandy beaches. Perfect for families, couples and singles of all ages, Albufeira is central for all the tourist attractions, with the added bonus of a short transfer from Faro airport!

Extra opportunities

The investor obtains a Portuguese residence permit by purchase of real estate worth at least €500,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.

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    Inna Shchukina
    Inna Shchukina,
    Senior property selection advisor
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    Safe haven: Portuguese residency by investment
    Learn more on Portugal's residence-by-investment programme
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      Ekaterina Maslova
      Ekaterina Maslova,
      Senior Residence and Citizenship Advisor
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      How to buy property with Tranio

      Enquiry

      Send us an enquiry with an approximate description of the property or investment project you’re interested in.

      Meeting the partners

      After clarifying your enquiry, we will introduce you to our partners and/or local agents.

      Offer selection

      We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

      Viewing tour

      You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

      Transaction closure

      Having chosen the best property, you will sign the sales or investment agreement (for development).

      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.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • 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.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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