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№ 2,062,043
  1. Overseas property
  2. Portugal
  3. Algarve
  4. Faro
  5. Faro (city)
  6. Houses, villas, cottages
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Buy-to-let villa with a swimming pool, with a guaranteed yield of 3%, Algarve, Portugal

500,000 €
£430,000
  • Total area
    176 m²
  • Land area
    190 m²
  • Bedrooms
    3
  • Bathrooms
    3
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Features
  • Balcony or terrace
  • Furnished
  • Swimming pool
  • Garden
  • Solar panels
  • Sea view

Fully furnished villa in a small village on the coast. The property includes a swimming pool and a small garden.

The investor will receive a guaranteed income in the first 6 years after the conclusion of the contract. The hotel operator is responsible for management, including insurance and operating charges.

The investor can stay at the villa for 2 weeks in high season and up to 8 weeks in low season.

Equipment

  • Air-conditioning
  • Equipped kitchen
  • Gym
  • SPA area
  • Tennis court
  • Security alarm

Location and nearby infrastructure

The villa is located in a secluded area, close to a small forest, and the main amenities of the resort.

More properties

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

You can see more houses for sale in Faro (city) elsewhere on our website.

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    Inna Shchukina
    Inna Shchukina,
    Senior property selection advisor
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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.

      • 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?

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      • 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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