Spacious Two-Bed Apartment in Tranquil Ponta do Sol
€620,000€5,199/m²
Albacoa Residence, Albacoa Residence, Ponta do Sol, Portugal
2
bedrooms
119 m²
interior
Apartment
property type
31 May 2026
listed
The Habio take
AI summaryThis 119.25 m² apartment offers a blend of tranquility and comfort in the picturesque village of Ponta do Sol. Known for its beautiful coastlines, this location provides a peaceful retreat while still being within reach of necessary amenities.
- beach
- coastal
- quiet
- retirement
- investment
Highlights
- Two spacious bedrooms
- 119.25 m² of internal living space
- Located in the scenic village of Ponta do Sol
- Ideal for those seeking tranquility
- Close access to natural beauty and coastline
Worth knowing
- Potentially limited public transport options
- Specific amenities unverified
Good fit for: Ideal for those seeking a peaceful home in a charming coastal village.
Lifestyle scores
- Beach
- 80
- Walkable
- 55
- Remote work
- 60
- Family
- 65
- Retirement
- 80
- Airport access
- 50
- Investment
- 70
- Luxury
- 65
- Value
- 75
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
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.
- 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).
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
.jpg&w=3840&q=75)
