Contemporary 1-Bed Apartment with Ocean Views in Portimão
€375,000
Apartment in Portimao, Western Algarve, Western Algarve, PT
- 1 bed
- 1 bath
- 83 m²
- apartment
The Habio take
AI summaryThis unique 1-bedroom apartment in Portimão's premium resort offers hassle-free ownership and a guaranteed return on investment. Located just 500 metres from Praia da Rocha beach and the Marina, it provides a perfect blend of relaxation and income potential.
- beach
- investment
- rental income
- luxury
- walkable
Highlights
- 1 bedroom, 1 modern bathroom
- Stunning views of the Arade River and Atlantic Ocean
- 5% guaranteed rental income or performance-based options
- Fully equipped with modern appliances and furnishings
- Located in a vibrant area with beach access
Worth knowing
- Condominium fees applicable, though low
- Investment returns may vary with performance-based model
Good fit for: Ideal for investors seeking rental income or buyers wanting a personal getaway near the beach.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 75
- Investment
- 80
- Luxury
- 70
- Value
- 65
About this place
Unique opportunity to purchase 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
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
