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4,500,000 €
£3,732,000
Total area 486 m²4 bedrooms4 bathrooms
Investment apartments in The Community at 9% per annum in the heart of the Motor City area, Dubai

3% discount on apartments

From 133,000 €
Completion in: 2025 Yield: 9.0% Apartments in total: 450
Residential complex
Similar facilities nearby
Luxury villa with a swimming pool and a panoramic view near the golf course, Paphos, Cyprus for 2,450,000 €
2,450,000 €

Permanent residence

Total area 229 m²Land area: 749 m²4 bedrooms4 bathrooms
Renovated villa with a garden and a view of the sea in a residence with a swimming pool, Blanes, Spain for 2,550,000 €
2,550,000 €

With swimming pool

Total area 408 m²Land area: 1,132 m²4 bedrooms3 bathrooms
Designer villa with fantastic sea views and a pool in Benidorm, Alicante, Spain for 1,650,000 €
1,650,000 €

With swimming pool

Total area 325 m²Land area: 1,000 m²4 bedrooms4 bathrooms
Furnished villa overlooking the yacht Port of Campomanes, Altea, Spain for 2,500,000 €
2,500,000 €
Total area 450 m²Land area: 1,000 m²4 bedrooms4 bathrooms
Prestigious residence close to the golf course and the spa center, Paphos, Cyprus for From 515,000 €
From 515,000 €

Permanent residence

Built in 202372 units in total
New villa with a pool and sea views in a prestigious area, Altea, Spain for 4,000,000 €
4,000,000 €
Total area 630 m²Land area: 1,645 m²4 bedrooms4 bathrooms
Furnished villa with a swimming pool, a garden and picturesque views, Benidorm, Spain for 1,900,000 €
1,900,000 €
Total area 325 m²Land area: 1,000 m²4 bedrooms5 bathrooms
Furnished villa with a swimming pool and a spa in a guarded prestigious residence, Altea, Spain for 1,970,000 €
1,970,000 €

With swimming pool

Total area 450 m²Land area: 1,139 m²4 bedrooms4 bathrooms
New villa with a swimming pool in a prestigious area, near the beach, Peyia, Cyprus for 1,500,000 €
1,500,000 €

With swimming pool

Total area 230 m²Land area: 1,034 m²4 bedrooms4 bathrooms
New three-storey villas on the first line from the sea in Przno, Budva, Montenegro for 3,500,000 €
3,500,000 €

The first line

Total area 375 m²4 bedrooms6 bathrooms
Luxury villa with two swimming pools in a residence with around-the-clock security, in a prestigious area, Altea, Spain for 2,850,000 €
2,850,000 €

With swimming pool

Total area 640 m²Land area: 1,030 m²4 bedrooms4 bathrooms
New villa with a swimming pool and a view of the sea in a prestigious residence with gardens, a spa and a restaurant, Altea, Spain for 1,950,000 €
1,950,000 €

With swimming pool

Total area 449 m²Land area: 1,104 m²4 bedrooms4 bathrooms
4-bedrooms villa in Lloret de Mar, Spain for 3,500,000 €
3,500,000 €

With swimming pool

4 bedrooms5 bathrooms
Luxury villa with panoramic sea views, Benahavis, Spain for 2,850,000 €
2,850,000 €

With swimming pool

Total area 213 m²Land area: 772 m²4 bedrooms3 bathrooms
4-bedrooms villa in Sant Antoni de Calonge, Spain for 1,650,000 €
1,650,000 €
4 bedrooms4 bathrooms
Luxury villa with a swimming pool and sea views, Benissa, Spain for 2,200,000 €
2,200,000 €

With swimming pool

Total area 615 m²Land area: 1,347 m²4 bedrooms4 bathrooms
Luxury villa with a swimming pool and sea views, Mijas, Spain for 2,050,000 €
2,050,000 €

With swimming pool

Total area 191 m²Land area: 539 m²4 bedrooms4 bathrooms
4-bedrooms villa 263 m² in Latchi, Cyprus for 1,800,000 €
1,800,000 €

With swimming pool

Total area 263 m²Land area: 830 m²4 bedrooms4 bathrooms
Exclusive villa with a swimming pool on the first line of the golf course, Aspe, Spain for 1,675,000 €
1,675,000 €

With swimming pool

Total area 209 m²Land area: 765 m²4 bedrooms3 bathrooms
4-bedrooms villa 450 m² in Limassol (city), Cyprus for 1,650,000 €
1,650,000 €

With swimming pool

Total area 450 m²Land area: 15 m²4 bedrooms6 bathrooms
Luxury villa with a swimming pool and panoramic sea views, Benissa, Spain for 2,200,000 €
2,200,000 €

With swimming pool

Total area 232 m²Land area: 1,058 m²4 bedrooms4 bathrooms
1-25 of 1069 listings, page 1 of 43

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        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 purchasing process take place when buying a house 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 house totals about € 100-130 per month.
        How can a house 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 houses 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 houses 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 a house 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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