Apartments in a residential complex with a swimming pool near the beach

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Portugal, Sagres
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58 m²
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1 Bedrooms
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1 Baths
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ID PRT62778

from €280,000

58 m²
Property sold
This property is sold, but we will help you find another one
Elena Kozyrevaexpert of the Portugal residence permit program for investment
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Portugal D7 Visa

4+ months€820+

Portugal does not grant residence permits for investments in real estate under the Golden Visa program.

However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.

Learn more

Cost

Property cost

from €280,000

Purchase taxes

IMT - 7%; IMI - 0,3-0,8%

State fees

0,8%

Distances

Ocean 200 m
Infrastructure 500 m
Airport 118 km

Yield and management

Yield

3%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The project is represented by the renovation of a residential complex with 89 apartments, located just 200 meters from the ocean in the Portuguese city of Sagres, surrounded by 6 magnificent natural beaches and 30 golf clubs. It takes 55 minutes to Faro Airport and less than 3 hours to Lisbon.

Convenient location in the historical center of the city provides walking distance to all necessary infrastructure facilities (shops - 300 m, restaurants - 500 m, pharmacy - 500 m, clinic - 9 km). The nearest Vale Verde International School is 30 minutes drive (25 km), the nearest kindergarten is 17 minutes drive (16 km). The complex has a communal swimming pool, gym and rooftop terrace. All apartments have a parking place. For sale are studios 58 sqm costing €280,000 (maintenance cost is about €150 per month). Guaranteed yield will be 3% for five years. 

Real estate

Object type

Apartments

Object category

Renovation

Object stage

Ready

Permits

In progress

Design features

Ownership

Characteristics

Total area

58 m²

Number of storeys

3

Bedrooms

1

Baths

1

Parking

Yes

View

Ocean, Pool

Properties

Balcony
Open deck
Garden on the plot
Terrace
Internet
TV

Location