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Apartment – Tavira, Faro, Portugal

515,000 €
4,221 € /m²
£3,614 /m²
  • Total area
    122 m²
  • Land area
    189 m²
  • Bedrooms
  • Bathrooms
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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.

  • Balcony or terrace
  • Golf course
  • Car parks

Excellent 3-bedroom apartment located within a quiet area in the centre of Tavira. Inserted in an 8 apartments condominium, it features modern and high quality finishings and materials. This apartment in specific, is located on the ground floor and benefits of extensive outside areas – 74.24 m² in the whole. It consists of two bedrooms with private bathrooms, a third bedroom (all with fitted wardrobes and direct access to the verandas/ terraces) a guests' bathroom, a fully fitted and equipped open space kitchen, and a large lounge giving to the covered terrace. Other features: underfloor heating throughout (water system with heat pump); photovoltaic panels; ducted mechanical ventilation; air conditioning; Bosch kitchen equipment and American fridge with ice dispenser; laminated floor in the bedrooms; white lacquered carpentry throughout; double glass windows and French windows with electric shutters. Parking space and storage room in the basement. Conclusion estimated for August 2021. With a mild climate throughout the year, Tavira is a small and beautiful town in the Eastern Algarve bordering the Gilão River. Its historic centre, one of the most emblematic in the Algarve, with its 37 churches, eighteenth century houses and hipped roofs, grants to this beautiful city a special beauty and ambience. Some of the most beautiful beaches of the Eastern Algarve — Ilha de Tavira, Cabanas de Tavira, Terra Estreita, Barril and Cacela Velha — are just a few kilometres away and, for the golf lovers, there are several alternatives within a radius of 10 km, some with spectacular location such as Quinta da Ria. The Ria Formosa Natural Park, with its unique landscapes and fauna, invites you to long unforgettable walks. All of this makes Tavira a place of unparalleled beauty and tranquillity, very desirable to live or for holidays. The above information is not binding and does not dispense the consultation of the property's documentation.

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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    Location right down to the building, street or city

More properties

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

You can see more apartments for sale in Tavira elsewhere on our website.

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    Inna Shchukina
    Inna Shchukina,
    Senior property selection advisor
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    Safe haven: Portuguese residency by investment
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      Ekaterina Maslova
      Ekaterina Maslova,
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      How to buy property with Tranio


      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).


      • 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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