One-Bedroom Apartment in Tranquil Ponta do Sol

€320,000

Albacoa Residence, Ponta do Sol, Albacoa Residence, Ponta do Sol, PT

1 bed
1 bath
67.85 m²
apartment

The Habio take

AI summary

This one-bedroom apartment in Albacoa Residence offers a blend of tranquility and comfort in the picturesque village of Ponta do Sol. Known for its stunning coastal views and laid-back atmosphere, this area is perfect for those seeking a peaceful lifestyle.

beach
coastal
quiet
retirement
investment

Highlights

67.85 m² internal area
Located in the charming village of Ponta do Sol
Access to beautiful coastal scenery
Ideal for a peaceful living experience
Close to local amenities

Worth knowing

Only one bedroom may limit space for larger families
Potential for limited parking availability

Good fit for: This property suits singles or couples looking for a serene coastal lifestyle.

Lifestyle scores

Beach: 80
Walkable: 70
Remote work: 60
Family: 50
Retirement: 75
Airport access: 50
Investment: 70
Luxury: 60
Value: 65

About this place

In Lugar de Baixo, in the charming village of Ponta do Sol, Albacoa is born for those seeking more than just a home: tranquility, comfort, and the rare

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