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 €
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  • Portimao, Faro, Portugal
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Houses for sale in Portimao

3 listings
795,000 €
£694,000
Land area: 1120 m² / 12056 ft²6 bedrooms5 bathrooms
625,000 €
£545,000
Total area 555 m² / 5974 ft²Land area: 555 m² / 5974 ft²4 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.
560,000 €
£489,000
Total area 304 m² / 3272 ft²Land area: 304 m² / 3272 ft²4 bathrooms
Discounted homes upon request

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Ksenia Kolesnikova
Ksenia Kolesnikova,
Client manager
  • We find off-market properties We find off-market properties
  • We organise viewings We organise viewings
  • We assist in obtaining a mortgage We assist in obtaining a mortgage
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Buy-to-let villa with a sea view, with a guaranteed yield of 3%, Algarve, Portugal for 800,000 €
800,000 €
Total area 184 m²Land area: 257 m²3 bedrooms3 bathrooms
Buy-to-let villa with a swimming pool, with a guaranteed yield of 3%, Algarve, Portugal for 500,000 €
500,000 €
Total area 176 m²Land area: 190 m²3 bedrooms3 bathrooms
Elite villa with a pool with a 5% yield, Algarve, Portugal for 4,500,000 €
4,500,000 €
Total area 486 m²4 bedrooms4 bathrooms
New villa with a pool and sea views in Lagos, Faro, Portugal for 2,300,000 €
2,300,000 €
Land area: 731 m²5 bedrooms6 bathrooms
New villa with a swimming pool near golf courses and beaches, Almancil, Portugal for 1,250,000 €
1,250,000 €
Total area 521 m²3 bedrooms4 bathrooms
Luxury villa with a swimming pool, a garden and lounge areas, Galé, Portugal for 3,500,000 €
3,500,000 €
Land area: 8,860 m²4 bedrooms5 bathrooms
3 Bedroom Villa with Sea Views for 795,000 €
795,000 €
Total area 197 m²Land area: 1,090 m²2 bathrooms
4+1 Bedroom Villa, close to everything for 1,050,000 €
1,050,000 €
Total area 211 m²Land area: 582 m²3 bathrooms
8 Bed Farmhouse divided into 5 Cottages with sea view for 995,000 €
995,000 €
Total area 334 m²Land area: 3,230 m²6 bathrooms
2+1 Traditional Villa
with Annexes for 240,000 €
240,000 €
Total area 381 m²Land area: 1,887 m²2 bathrooms
Villa plus annex with amazing sea views — near Loulé for 1,595,000 €
1,595,000 €
Total area 328 m²Land area: 2,700 m²6 bathrooms
6 Bed Villa, ideal for B & B — near S. Brás for 645,000 €
645,000 €
Total area 196 m²Land area: 3,496 m²5 bathrooms
3 Bed Country Villa for 280,000 €
280,000 €
Total area 207 m²Land area: 621 m²1 bathroom
2 bed Villa for renovation for 185,000 €
185,000 €
Total area 134 m²Land area: 3,430 m²1 bathroom
3 Bed. Villa w/ Garage and Garden for 690,000 €
690,000 €
Total area 242 m²Land area: 510 m²3 bathrooms
Building: 3+1 Bed Villa, 2 Commercial Spaces — Loulé/ EN125 for 750,000 €
750,000 €
Total area 310 m²Land area: 2,200 m²6 bathrooms
Villa – Faro (city), Faro, Portugal for 2,295,000 €
2,295,000 €
Total area 850 m²Land area: 11,320 m²9 bedrooms15 bathrooms
1 Bedroom + Large Mezzanine
single storey renovated Villa for 119,000 €
119,000 €
Total area 51 m²1 bathroom
Villa – São Brás de Alportel, Faro, Portugal for 1,250,000 €
1,250,000 €
Total area 246 m²Land area: 3,293 m²4 bedrooms5 bathrooms
Villa – Vila do Bispo, Faro, Portugal for 600,000 €
600,000 €
Total area 128 m²Land area: 194 m²2 bedrooms2 bathrooms
Villa – Faro, Portugal for 3,400,000 €
3,400,000 €
Total area 464 m²Land area: 2,202 m²4 bedrooms4 bathrooms
4 Bed Villa Turnkey — near S. Brás for 495,000 €
495,000 €
Total area 378 m²Land area: 478 m²3 bathrooms
Villa – Vila do Bispo, Faro, Portugal for 800,000 €
800,000 €
Total area 138 m²Land area: 257 m²3 bedrooms2 bathrooms
Villa – Tavira, Faro, Portugal for 750,000 €
750,000 €
Total area 123 m²Land area: 234 m²3 bedrooms3 bathrooms
1-25 of 100 listings, page 1 of 4
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    Anna Kurianovich
    Anna Kurianovich,
    Senior Investment Advisor
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      FAQ about Portimao
      Can foreign nationals take out mortgage loans in Portimao?
      Yes, non-residents can be issued a mortgage loan to buy property in Portimao. 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 Portimao?
      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 Portimao?
      The utility costs vary across locations. For example, an average bill for an 50–60 m² house totals about € 100-130 per month.
      Can Portuguese residency be obtained through buying a house?
      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 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.
      Tranio's team
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        Svetlana Larionova
        Svetlana Larionova
        Real Estate Expert Tranio in Portimao
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