Hurry up and get your residency permit in Portugal in 2022

  • Investment and resort properties
  • Projects to qualify for a residence permit starting from 280,000 €
Request projects
  • more ...
  • Faro (city), Faro, Portugal
All types
220k – 4.5M
Price
  • 100k
  • 300k
  • 500k
  • 700k
  • 1M
  • 2M
  • 3M
  • 100k
  • 300k
  • 500k
  • 700k
  • 1M
  • 2M
  • 3M
Bedrooms, bathrooms
Bedrooms
Bathrooms
More
Price
  • 100k
  • 300k
  • 500k
  • 700k
  • 1M
  • 2M
  • 3M
  • 100k
  • 300k
  • 500k
  • 700k
  • 1M
  • 2M
  • 3M
Bedrooms
Bathrooms
Features
View on
To sea
Area
Search
370,000 €
£313,000
Total area 77 m²2 bedrooms1 bathroomYield 4.0%
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.
800,000 €
£677,000
Total area 184 m² / 1981 ft²Land area: 257 m² / 2766 ft²3 bedrooms3 bathrooms
1,295,000 €
£1,096,000
3 bedrooms3 bathroomsYield 5.0%
500,000 €
£423,000
Total area 176 m² / 1894 ft²Land area: 190 m² / 2045 ft²3 bedrooms3 bathrooms
4,500,000 €
£3,807,000
Total area 486 m² / 5231 ft²4 bedrooms4 bathrooms
Discounted properties upon request

Send us an enquiry, we will find advantageous offers for you

Send a discount enquiry
Ksenia Kolesnikova
Ksenia Kolesnikova,
Client manager
1,000,000 €
£846,000
2 bedrooms2 bathroomsYield 5.0%
220,000 €
£186,000
Total area 81 m²1 bedroomYield 4.0%
600,000 €
£508,000
Land area: 14,920 m²
1,400,000 €
£1,184,000
Total area 449 m² / 4833 ft²Land area: 4900 m² / 52744 ft²5 bathrooms
1,500,000 €
£1,269,000
Total area 617 m² / 6641 ft²Land area: 10000 m² / 107640 ft²6 bathrooms
375,000 €
£317,000
Total area 76 m²

With swimming pool

With swimming pool

365,000 €
£309,000
Total area 61 m²
4 weeks ago

With swimming pool

With swimming pool

With swimming pool

With swimming pool

With swimming pool

With swimming pool

With swimming pool

410,000 €
£347,000
Total area 116 m²
2 months ago
1-25 of 160 listings, page 1 of 7
Save your time!
Tailored property selection
Leave a request, and our expert will contact you to clarify your enquiry and select suitable properties.
Order a selection
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Anna Kurianovich
    Anna Kurianovich,
    Senior Investment Advisor
    Order a selection
    Tailored property selection
    Leave a request, and our expert will contact you to clarify your enquiry and select suitable properties.
    Order a selection
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      FAQ about Faro (city)
      Can foreign nationals take out mortgage loans in Faro (city)?
      Yes, non-residents can be issued a mortgage loan to buy property in Faro (city). 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 Faro (city)?
      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 Faro (city)?
      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.
      Tranio's team
        Tranio's managers are here to help you select a property
        Svetlana Larionova
        Svetlana Larionova
        Real Estate Expert Tranio in Faro (city)
        Send a request
          I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
          • 0% commission to Tranio
          • Residence permit support
          • Mortgage rates from 2.5%