Spacious Apartment in Tranquil Ponta do Sol
€515,000
Albacoa Residence, Ponta do Sol, Albacoa Residence, Ponta do Sol, PT
- 103.35 m²
- apartment
The Habio take
AI summaryThis 103.35 m² apartment in Albacoa Residence offers a perfect blend of comfort and tranquillity, located in the picturesque village of Ponta do Sol. Set amidst stunning natural beauty, this property is ideal for those looking to escape the hustle and bustle of daily life.
- coastal
- quiet
- retirement
- investment
Highlights
- Generous living space of 103.35 m²
- Quiet village location with scenic views
- Close to natural attractions and outdoor activities
- Ideal for relaxation and comfort
Worth knowing
- Limited amenities in immediate vicinity
- Car may be needed for larger shopping trips
Good fit for: Perfect for anyone seeking a peaceful lifestyle close to nature.
Lifestyle scores
- Beach
- 80
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 85
- Airport access
- 60
- Investment
- 75
- Luxury
- 65
- Value
- 80
About this place
In Lugar de Baixo, in the charming village of Ponta do Sol, Albacoa Residence is born for those seeking more than just a house: tranquility, comfort, and the
Buying property in Portugal
Full guide →Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.
The buying process
- 1
Get a NIF
Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.
- 2
Open a bank account
Open a local account to handle the deposit, taxes, and ongoing utility payments.
- 3
Engage a lawyer
Hire an independent lawyer (not the seller's) to run title and planning searches.
- 4
Sign the CPCV
Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.
- 5
Final searches & funds
Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.
- 6
Escritura (deed)
Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.
- 7
Register the property
Lawyer registers the new ownership at the Land Registry (Conservatória do Registo Predial).
- NIF (tax number)
- Portuguese bank account
- Passport / ID
- Fiscal representative(optional)
Required for non-EU/EEA residents
The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023). Mortgages are available to non-residents, typically up to 60–70% LTV.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
