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  • Almancil, Faro, Portugal
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Property for sale in Almancil

34 listings

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1,250,000 €
£1,075,000
Total area 521 m² / 5608 ft²3 bedrooms4 bathrooms
675,000 €
£581,000
Total area 1875 m² / 20182 ft²Land area: 562 m² / 6049 ft²5 bathrooms
Golden Visa for buying a share in a hotel in Lisbon, Portugal

Residence by investment in 2022

350,000 € · Equity buy back in 6 years
  • Portugal’s state programme;
  • Eligible for citizenship in 5 years;
  • High return investment.
420,000 €
£361,000
Total area 180 m² / 1938 ft²Land area: 950 m² / 10226 ft²3 bathrooms
2 weeks ago
1,595,000 €
£1,372,000
Total area 328 m² / 3531 ft²Land area: 2700 m² / 29063 ft²6 bathrooms
240,000 €
£206,000
Total area 381 m² / 4101 ft²Land area: 1887 m² / 20312 ft²2 bathrooms
995,000 €
£856,000
Total area 334 m² / 3595 ft²Land area: 3230 m² / 34768 ft²6 bathrooms
Discounted properties upon request

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Ksenia Kolesnikova
Ksenia Kolesnikova,
Client manager
975,000 €
£839,000
Total area 283 m² / 3046 ft²Land area: 891 m² / 9591 ft²3 bathrooms
975,000 €
£839,000
Total area 276 m² / 2971 ft²Land area: 999 m² / 10753 ft²3 bathrooms
550,000 €
£473,000
Total area 150 m² / 1615 ft²Land area: 75 m² / 807 ft²2 bathrooms
280,000 €
£241,000
Total area 207 m² / 2228 ft²Land area: 621 m² / 6684 ft²1 bathroom
690,000 €
£594,000
Total area 242 m² / 2605 ft²Land area: 510 m² / 5490 ft²3 bathrooms
1 month ago
750,000 €
£645,000
Total area 310 m² / 3337 ft²Land area: 2200 m² / 23681 ft²6 bathrooms
150,000 €
£129,000
Land area: 1,569 m²
495,000 €
£426,000
Land area: 1,675 m²
1 month ago
142,000 €
£123,000
Total area 51 m² / 549 ft²1 bathroom
140,000 €
£120,000
Land area: 2,033 m²
595,000 €
£512,000
Land area: 15,410 m²
75,000 €
£65,000
Land area: 700 m²
160,000 €
£138,000
Land area: 3,145 m²
480,000 €
£413,000
Land area: 16,667 m²
175,000 €
£151,000
Land area: 4,530 m²
750,000 €
£645,000
Land area: 4,900 m²
79,000 €
£68,000
Land area: 2,975 m²
835,000 €
£718,000
Total area 119 m²2 bedrooms3 bathrooms
2 months ago
750,000 €
£645,000
Total area 131 m²2 bedrooms3 bathrooms
2 months ago
1-25 of 34 listings, page 1 of 2
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    Anna Kurianovich
    Anna Kurianovich,
    Senior Investment Advisor
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      FAQ about Almancil
      Can foreign nationals take out mortgage loans in Almancil?
      Yes, non-residents can be issued a mortgage loan to buy property in Almancil. Special terms of mortgage lending for non-residents — the loan term up to 75 years of age for the eldest borrower and a down payment of 40–50%. The mortgage rate is a floating one, of 3% for residential properties and 5% for the commercial ones.
      How does the property purchasing process take place in Almancil?
      Before the purchase, it is necessary to hire a lawyer who would help you get the paperwork done. Having chosen the property, you need to open a local bank account and receive a tax identification number.
      First, a preliminary sales agreement is signed, a deposit equalling to 10–30% of the property value is placed, and the municipal taxes are paid. The deposit is non-refundable if the buyer decides not to purchase. All agreements ought to be notarised.
      Between signing the preliminary and main sales agreements, the lawyer completes the property Due Diligence and checks the availability of all the documents for the property. When signing the main agreement, the remaining transaction amount is paid, after which the property can be registered with the land registry office and a title deed can be obtained.
      What property taxes are there in Portugal?
      Property buyers pay a stamp duty (Imposto do Selo, IS) — 0,8% and a title deed transfer tax (Imposto Municipal sobre Transmissões, IMT) — 6,0 – 6,5%. After the purchase, an annual real estate tax (Imposto Municipal sobre os Imóveis, IMI) ranging from 0.3 to 0.8% across property types and municipalities, has to be paid. These three taxes — are everything that is paid by property owners.
      When selling real estate, non-resident owners pay the capital gain tax, chargeable from the difference between the purchase price and the sales price at a rate of 28%.
      The inheritance and gift taxes are not levied from spouses, children, parents and grandchildren, the other categories pay them at a rate of 10% (which is considered low).
      How expensive are the utilities in Almancil?
      The utility costs vary across locations. For example, an average bill for an 50–60 m² apartment totals about € 100-130 per month.
      Can Portuguese residency be obtained through buying real estate?
      Yes, there is a residency by investment or Golden Visa programme in Portugal. Those buying newly or relatively recently built properties for at least € 500,000 and properties built over 30 years ago for at least € 350,000 become eligible for residency.
      How can a property buyer obtain Portuguese citizenship?
      It is possible to apply for permanent residency after five years of residence in the country. After six years of residence it is possible to apply for citizenship. But these procedures are not interrelated. Holding a temporary residence or permanent residence permit does not lead to obtaining citizenship. Only following the rules of stay in the country (over 183 days per year for six years) can give hope for obtaining Portuguese citizenship.
      Can foreign nationals lease real estate in Portugal?
      Yes, of course. The owner's right to administer their property is not limited in any way.
      What types of Portuguese property are better to invest in for rental purposes?
      The most suitable for rental purposes are the flats and apartments located in the resort areas, such as the Algarve, Faro, Lagos, on the entire southern coast and the capital of the country, Lisbon.
      Why do I need to own real estate in Portugal?
      The Portuguese property market is one of the European real estate markets that have been growing most actively over the past few years. Therefore, real estate investments are very profitable in the country.
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        Svetlana Larionova
        Svetlana Larionova
        Real Estate Expert Tranio in Almancil
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