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  • Quarteira, Faro, Portugal
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Property for sale in Quarteira

50 listings Subscribe to notifications
500,000 €
£434,000
Total area 122 m²Land area: 122 m²3 bathrooms
850,000 €
£738,000
Total area 319 m²Land area: 319 m²3 bathrooms
Buy-to-let apartment with a guaranteed yield of 5%, in a new residential complex, Lisbon, Portugal

Golden Visa

1,250,000 €
£1,085,000
Total area 1,621 m²Land area: 1,621 m²6 bathrooms
5,500,000 €
£4,776,000
Total area 1,629 m²Land area: 734 m²5 bathrooms
1,650,000 €
£1,433,000
Total area 529 m²Land area: 529 m²6 bathrooms
495,000 €
£430,000
Total area 325 m²Land area: 325 m²3 bathrooms

Turkish passport for buyers of apartments from $250,000

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Ekaterina Maslova
Ekaterina Maslova
Senior Residence and Citizenship Advisor
1,580,000 €
£1,372,000
Total area 2,715 m²Land area: 2,715 m²6 bathrooms
1,200,000 €
£1,042,000
Total area 601 m²Land area: 601 m²3 bathrooms
750,000 €
£651,000
Total area 450 m²Land area: 450 m²5 bathrooms
320,000 €
£278,000
Total area 141 m²Land area: 141 m²2 bathrooms
275,000 €
£239,000
Total area 112 m²Land area: 89 m²2 bathrooms
3,290,000 €
£2,857,000
Total area 1,909 m²Land area: 1,909 m²7 bathrooms
325,000 €
£282,000
Total area 188 m²Land area: 188 m²3 bathrooms
665,000 €
£577,000
Total area 201 m²Land area: 201 m²3 bathrooms
265,000 €
£230,000
Total area 181 m²Land area: 181 m²2 bathrooms
1,890,000 €
£1,641,000
Total area 1,365 m²Land area: 1,365 m²5 bathrooms
510,000 €
£443,000
Total area 155 m²Land area: 155 m²2 bathrooms
502,000 €
£436,000
Total area 178 m²Land area: 178 m²4 bathrooms
389,000 €
£338,000
Total area 190 m²Land area: 190 m²2 bathrooms
450,000 €
£391,000
Total area 178 m²Land area: 178 m²4 bathrooms
502,000 €
£436,000
Total area 178 m²Land area: 178 m²4 bathrooms
397,000 €
£344,000
Total area 178 m²Land area: 178 m²2 bathrooms
502,000 €
£436,000
Total area 178 m²Land area: 178 m²4 bathrooms
502,000 €
£436,000
Total area 177 m²Land area: 177 m²4 bathrooms
294,000 €
£256,000
Total area 318 m²Land area: 318 m²2 bathrooms
1-25 of 50 listings, page 1 of 2
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      FAQ about Quarteira

      Can foreign nationals take out mortgage loans in Quarteira?
      Yes, non-residents can be issued a mortgage loan to buy property in Quarteira. 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 Quarteira?
      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 Quarteira?
      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 managers are here to help you select a property
      Natalia Latikova
      Natalia Latikova
      Real Estate Expert Tranio in Quarteira
      +44 17 4822 0039
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