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Apartment – Tavira, Faro, Portugal

325,000 €
2,124 € /m²
£279,000
£1,823 /m²
  • Total area
    153 m²
  • Land area
    153 m²
  • Bathrooms
    2
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Features
  • Total rooms: 3

This apartment for sale is situated in a luxurious condominium, located in the heart of Tavira. This modern condominium consists of eight T3 apartments, all with outdoor areas, underground storage and parking spaces. This apartment comprises of three bedrooms and two bathrooms and is spacious with breathtaking views of Tavira. All apartments will be equipped with high quality fixtures and fittings which include central heating, double glazed windows and a fully equipped kitchen. Close to all amenities, this apartment will make a fantastic purchase no matter why you are looking to buy, however, we imagine it will benefit from being used as a short term/holiday rental property in the Algarve. Tavira is one of the oldest Moorish towns in Eastern Algarve, concealing a charismatic heritage until this day, becoming one of the finest resort towns in the area. The town extends along the river banks of Gilão, where Moorish influences beautifully compliments the deep-rooted Portuguese traditional culture. Explore the magnificent buildings and historic churches along the river through the cobbled streets, take a taxi-boat and dive into the Caribbean-Like Islands of Cabanas and Barril located just off the main town. Mortgage Simulation: Duration/ Period: 30 years/,360 months Purchase Price: 325,000€ Deposit/Down Payment: 65,000€ Finance: 260,000€ Interest Rate: 0,9% Monthly Payment: 824,37 € Mortgage Simulation: Duration/ Period: 40 years/,480 months Purchase Price: 325,000€ Deposit/Down Payment: 65,000€ Finance: 260,000€ Interest Rate: 0,9% Monthly Payment: 645,20€

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

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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.

Get a residence permit in Portugal with property purchase from 500,000 EUR.

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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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      • Who guarantees the transaction security?

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