Modern 1-Bed Apartment with Resort Amenities in Portimão

€450,000

Apartment in Portimao, Western Algarve, Western Algarve, PT

  • 1 bed
  • 1 bath
  • 83 m²
  • apartment

The Habio take

AI summary

This stylish 1-bedroom apartment in Portimão boasts resort-style living with breathtaking views of the Arade River and the Atlantic Ocean. Located just 500 metres from the vibrant Marina and Praia da Rocha beach, it offers both relaxation and investment potential.

  • beach
  • investment
  • rental income
  • luxury
  • walkable

Highlights

  • 1 bedroom, 1 bathroom
  • Resort-style amenities
  • 5% guaranteed rental return
  • 500m from Marina and beach
  • Fully furnished with modern appliances
  • Low condominium fees

Worth knowing

  • Limited privacy due to resort setting
  • Potential noise from resort amenities

Good fit for: Ideal for investors seeking rental income or a vacation home.

Lifestyle scores

Beach
90
Walkable
75
Remote work
70
Family
50
Retirement
65
Airport access
80
Investment
85
Luxury
80
Value
70

About this place

Seize the opportunity to own a hassle-free 1-bedroom apartment in a modern premium resort located in the heart of Portimão, complete with full-service amenities and low condominium fees. Every detail is handled for you, offering a truly stress-free ownership experience. The resort operates under a tourism license, providing professional property management services, ensuring that owners can either enjoy their unit personally or generate income through rentals. Investors have two flexible options: a fixed guaranteed return of 5% per annum, or a performance-based model with significant revenue potential when the unit is managed through the resort’s hotel services. Located just 500 metres from the lively Marina and the stunning Praia da Rocha beach in Portimão, the resort offers breathtaking views of the Arade River, Portimão Marina, and the Atlantic Ocean. The recently renovated T1 apartments are fully equipped with modern conveniences, including open-plan kitchens, sleek new bathrooms, air conditioning, top-tier appliances, and high-quality furnishings. Each unit is tastefully decorated in warm, sunny tones and features a spacious wardrobe along with a furnished balcony offering panoramic views of the pool and the ocean. Immerse yourself in a life of relaxation and comfort in a resort designed to inspire all your senses. Energy certificate class C.

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. 1

    Get a NIF

    Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.

  2. 2

    Open a bank account

    Open a local account to handle the deposit, taxes, and ongoing utility payments.

  3. 3

    Engage a lawyer

    Hire an independent lawyer (not the seller's) to run title and planning searches.

  4. 4

    Sign the CPCV

    Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.

  5. 5

    Final searches & funds

    Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.

  6. 6

    Escritura (deed)

    Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.

  7. 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

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€450,000