Apartments in a residential complex with a swimming pool near the beach
Portugal, Sagres
from €280,000
58 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment
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 moreCost
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
Object category
Renovation
Object stage
Design
Permits
In progress
Object completion date
4Q 2023
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
