Can foreign nationals take out mortgage loans in Setubal (city)?

Yes, non-residents can be issued a mortgage loan to buy property in Setubal (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 an apartment in Setubal (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 Setubal (city)?

The utility costs vary across locations. For example, an average bill for an 50–60 m² apartment totals about € 100-130 per month.

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.

54 Apartments for Sale in Setubal (city), Buy Flat from 380,000€

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Furnished apartment with a garden and views of the Tagus River in Alcochete, Setubal, Portugal for 500,000 €

Furnished apartment with a garden and views of the Tagus River in Alcochete, Setubal, Portugal

500,000 €

£422,000

Total area 118 m²Land area: 34 m²2 bedrooms2 bathrooms

One-bedroom apartment in a prestigious apart-hotel with a private beach, a pier and a casino, Grandola, Setubal, Portugal for 550,000 €

Sea view

One-bedroom apartment in a prestigious apart-hotel with a private beach, a pier and a casino, Grandola, Setubal, Portugal

550,000 €

£464,000

Total area 99 m²1 bedroom1 bathroom

3% discount on apartments

The Community — investment apartments by Aqua Properties with 9,5% yield per annum in the center of the developing area of Motor City, Dubai

From 142,000 €

Completion in: 2025 Yield: 9.0% Apartments in total: 450

Residential complex

One-bedroom apartment in an apart-hotel with a private beach, a pier, a casino and a restaurant, Grandola, Setubal, Portugal for 550,000 €

Sea view

One-bedroom apartment in an apart-hotel with a private beach, a pier, a casino and a restaurant, Grandola, Setubal, Portugal

550,000 €

£464,000

Total area 82 m²1 bedroom1 bathroom

New studio in a luxury apart-hotel with a private beach and a pier, Grandola, Setubal, Portugal for 420,000 €

Sea view

New studio in a luxury apart-hotel with a private beach and a pier, Grandola, Setubal, Portugal

420,000 €

£355,000

Total area 54 m²1 bathroom

Studio in an apart-hotel with a private beach, a pier, a casino and a spa, Grandola, Setubal, Portugal for 380,000 €

Sea view

Studio in an apart-hotel with a private beach, a pier, a casino and a spa, Grandola, Setubal, Portugal

380,000 €

£321,000

Total area 48 m²1 bathroom

Studio apartment in an apart-hotel with a private beach, a casino and a spa, Grandola, Setubal, Portugal for 450,000 €

Sea view

Studio apartment in an apart-hotel with a private beach, a casino and a spa, Grandola, Setubal, Portugal

450,000 €

£380,000

Total area 63 m²1 bathroom

Discounted apartments and new-builds upon request

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

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Client manager

We find off-market properties
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Studio apartment in an apart-hotel with a private beach, a casino and a restaurant, Grandola, Setubal, Portugal for 450,000 €

Sea view

Studio apartment in an apart-hotel with a private beach, a casino and a restaurant, Grandola, Setubal, Portugal

450,000 €

£380,000

Total area 68 m²1 bathroom

Sea view

Studio in an apart-hotel with a private beach, a pier, a casino and a restaurant, Grandola, Setubal, Portugal

380,000 €

£321,000

Total area 51 m²1 bathroom

New studio apartment in a prestigious apart-hotel with a private beach and a pier, Grandola, Setubal, Portugal for 380,000 €

Sea view

New studio apartment in a prestigious apart-hotel with a private beach and a pier, Grandola, Setubal, Portugal

380,000 €

£321,000

Total area 51 m²1 bathroom

Studio apartment in a prestigious apart-hotel with a private beach and a pier, Grandola, Setubal, Portugal for 380,000 €

Sea view

Studio apartment in a prestigious apart-hotel with a private beach and a pier, Grandola, Setubal, Portugal

380,000 €

£321,000

Total area 48 m²1 bathroom

New studio in an apart-hotel with a private beach, a pier, a casino, Grandola, Setubal, Portugal for 420,000 €

Sea view

New studio in an apart-hotel with a private beach, a pier, a casino, Grandola, Setubal, Portugal

420,000 €

£355,000

Total area 51 m²1 bathroom

Studio apartment in an apart-hotel with a private pier, a casino and a spa, Grandola, Setubal, Portugal for 450,000 €

Sea view

Studio apartment in an apart-hotel with a private pier, a casino and a spa, Grandola, Setubal, Portugal

450,000 €

£380,000

Total area 63 m²1 bathroom

Four-room apartment with a garden on the banks of the Tagus River in Alcochete, Setubal, Portugal for 725,000 €

Four-room apartment with a garden on the banks of the Tagus River in Alcochete, Setubal, Portugal

725,000 €

£612,000

Total area 441 m²Land area: 66 m²3 bedrooms3 bathrooms

Two-bedroom apartment overlooking the Tagus River in Alcochete, Setubal, Portugal for 505,000 €

Two-bedroom apartment overlooking the Tagus River in Alcochete, Setubal, Portugal

505,000 €

£426,000

Total area 113 m²2 bedrooms2 bathrooms

New apartment with a sea view, Setubal, Portugal for 575,000 €

Sea view

New apartment with a sea view, Setubal, Portugal

575,000 €

£486,000

Total area 103 m²

Duplex apartment with a pool, Setubal, Portugal for 585,000 €

Sea view

Duplex apartment with a pool, Setubal, Portugal

585,000 €

£494,000

Total area 105 m²

3-bedrooms apartment 162 m² in Setubal (city), Portugal for 660,000 €

With swimming pool

3-bedrooms apartment 162 m² in Setubal (city), Portugal

660,000 €

£557,000

Total area 162 m²3 bedrooms4 bathrooms

Apartment 277 m² in Setubal (city), Portugal for 749,000 €

Apartment 277 m² in Setubal (city), Portugal

749,000 €

£633,000

Total area 277 m²

Duplex apartment in a new complex, Setubal, Portugal for 575,000 €

With swimming pool

Duplex apartment in a new complex, Setubal, Portugal

575,000 €

£486,000

Total area 114 m²

3-bedrooms apartment 161 m² in Setubal (city), Portugal for 675,000 €

With swimming pool

3-bedrooms apartment 161 m² in Setubal (city), Portugal

675,000 €

£570,000

Total area 161 m²3 bedrooms4 bathrooms

2-bedrooms apartment 100 m² in Setubal (city), Portugal for 440,000 €

With swimming pool

2-bedrooms apartment 100 m² in Setubal (city), Portugal

440,000 €

£372,000

Total area 100 m²2 bedrooms2 bathrooms

2-bedrooms apartment 110 m² in Setubal (city), Portugal for 456,000 €

With swimming pool

2-bedrooms apartment 110 m² in Setubal (city), Portugal

456,000 €

£385,000

Total area 110 m²2 bedrooms2 bathrooms

Apartment 123 m² in Setubal (city), Portugal for 590,000 €

Apartment 123 m² in Setubal (city), Portugal

590,000 €

£498,000

Total area 123 m²

Apartment 138 m² in Setubal (city), Portugal for 590,000 €

Apartment 138 m² in Setubal (city), Portugal

590,000 €

£498,000

Total area 138 m²

Modern apartment in a residence with a pool, Setúbal, Portugal for 510,000 €

With swimming pool

Modern apartment in a residence with a pool, Setúbal, Portugal

510,000 €

£431,000

Total area 126 m²

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Quality Villas

Apartments for sale in Setubal (city)