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  • Budens, Faro, Portugal
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Apartments for sale in Budens

4 listings Subscribe to notifications

Sea view

500,000 €
£459,000
Total area 8,140 m²2 bedrooms2 bathrooms
Duplex penthouse in Greece, Athens

Golden Visa

250,000 €
Total area: 140 m² 4 bedrooms 2 bathrooms
200,000 €
£184,000
Total area 84 m²1 bedroom1 bathroom
1,000,000 €
£918,000
Total area 288 m²3 bedrooms3 bathrooms

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Anna Boyarchukova
Anna Boyarchukova,
Head of Residential Real Estate

Similar properties in Budens and surrounding areas

Exquisite two-bedroom apartment with pool views in Faro, Algarve, Portugal for 495,000 €
495,000 €

With swimming pool

Total area 179 m²2 bedrooms2 bathrooms
Apartment – Faro (city), Faro, Portugal for 530,000 €
530,000 €
Total area 224 m²4 bedrooms4 bathrooms
Apartment – Faro (city), Faro, Portugal for 510,000 €
510,000 €
Total area 224 m²4 bedrooms4 bathrooms
Four-room apartment in a prestigious complex, Praia do Carvoeiro, Faro, Portugal for 370,000 €
370,000 €

With swimming pool

3 bedrooms2 bathrooms
New apartment with a terrace in a house with a garden, Cabanas de Tavira, Portugal for 235,000 €
235,000 €

Sea view

Total area 140 m²Land area: 140 m²2 bedrooms2 bathrooms
New apartment with a terrace in a house with a garden, Cabanas de Tavira, Portugal for 240,000 €
240,000 €

Sea view

Total area 146 m²Land area: 146 m²2 bedrooms2 bathrooms
Three-bedroom apartment with a rooftop terrace in Praia do Carvoeiro, Faro, Portugal for 425,000 €
425,000 €

Sea view

Total area 142 m²3 bedrooms2 bathrooms
Two-bedroom apartment with a terrace and a parking in a residential complex with two pools, Lagoa, Portugal for 295,000 €
295,000 €

With swimming pool

Total area 118 m²2 bedrooms2 bathrooms
Apartment – Portimao, Faro, Portugal for 275,000 €
275,000 €

With swimming pool

Total area 86 m²Land area: 86 m²2 bedrooms2 bathrooms
Duplex apartment in an elite complex, Lagos, Faro, Portugal for 450,000 €
450,000 €
Total area 456 m²3 bedrooms3 bathrooms
Apartment – Vilamoura, Faro, Portugal for 500,000 €
500,000 €
Total area 122 m²Land area: 122 m²3 bathrooms
Two-bedroom apartment in a new building with swimming pools and a gym, Lagos, Portugal for 390,000 €
390,000 €

With swimming pool

Total area 160 m²Land area: 160 m²2 bedrooms2 bathrooms
New apartment with a terrace in a residential complex with swimming pools and a gym, Lagos, Portugal for 395,000 €
395,000 €

With swimming pool

Total area 155 m²Land area: 155 m²2 bedrooms2 bathrooms
New apartment in a complex with swimming pools and a gym, Lagos, Portugal for 380,000 €
380,000 €

With swimming pool

Total area 155 m²Land area: 155 m²2 bedrooms2 bathrooms
Three-bedroom apartment with a terrace in a residential complex with swimming pools and a gym, Lagos, Portugal for 480,000 €
480,000 €

With swimming pool

Total area 188 m²Land area: 188 m²3 bedrooms2 bathrooms
Three-bedroom apartment in a new residential complex with swimming pools and a gym, Lagos, Portugal for 480,000 €
480,000 €

With swimming pool

Total area 187 m²Land area: 187 m²3 bedrooms2 bathrooms
Sunny one-bedroom apartment 600 m from the beach, Praia do Carvoeiro, Faro, Portugal for 190,000 €
190,000 €

With swimming pool

Total area 80 m²1 bedroom1 bathroom
1-25 of 262 listings, page 1 of 11
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      FAQ about Budens

      Can foreign nationals take out mortgage loans in Budens?
      Yes, non-residents can be issued a mortgage loan to buy property in Budens. 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 purchasing process take place when buying an apartment in Budens?
      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 Budens?
      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 an apartment?
      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 an apartment 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 apartments 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 an apartment 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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      2,200,000 €

      With swimming pool

      Refurbished three-storey villa in Castiglione d'Orcia, Tuscany, Italy

      A stone villa with an annexe of 60 m2, a garden, a vineyard and a parking lot is located on a plot of 5 hectares - 70% is occupied by a forest, 30% is an olive grove. You can build a swimming pool.

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      Kseniya Kolesnikova
      Kseniya Kolesnikova
      Real Estate Expert Tranio in Budens
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