Apartamento T5 Venda 625.000 € em Faro, Faro (Sé e São Pedro), Faro, Algarve
Faro, Portugal
Guide Price
$719,813
625,000 EUR
PROPERTY TYPE
Condo
BEDROOMS
5
BATHROOMS
1
Description
Apartamento T5, totalmente remodelado, com 186m² de área bruta privativa, e varanda com vista de cidade desafogada, no centro de Faro, Algarve. Inserido em prédio com 2 elevadores, o apartamento, que se encontra em excelente estado de conservação, é composto por sala e cozinha em open space, e cinco quartos na totalidade - um dos quais transformado numa sala de cinema e outro num amplo closet de complemento à suite - três casas de banho e um hall de entrada. Destaque para as áreas amplas e luminosas, a varanda com vista para a cidade e a localização privilegiada no coração de Faro. Localizado numa zona central de Faro, com fácil acesso a vários tipos de transportes públicos, serviços, restauração e comércio. Está a 5 minutos walking distance do Hospital de Faro e de um hipermercado, a 15 minutos da Universidade do Algarve. A 5 minutos driving distance do centro comercial Forum Algarve, do Mercado Municipal e do centro da cidade. Fica a 12 minutos driving distance do Aeroporto de Faro e a 2 horas e 30 minutos de Lisboa.
Living in Faro
Tiled azulejo facades glowing at sunset, pastéis de nata still warm from the oven, melancholy fado drifting out of Alfama taverns, and a famously gentle pace of life where everyone has time for the café and nobody is in a hurry.
Visa
D7 Visa (Passive Income) — the most popular American pathway. Requires proof of ~€870/mo passive income per applicant (pension, rental, dividends), Portuguese bank account, and a 12-month lease. Leads to permanent residency after 5 years and citizenship after 5. D8 Digital Nomad Visa — launched October 2022, requires €3,480+/mo remote income. Golden Visa — property pathway closed in October 2023; now limited to cultural, arts, or scientific research investment (€250K-500K).
Learn more: The Complete Guide to Moving to Portugal→Key Fact
The famous NHR (Non-Habitual Resident) flat 10% pension tax regime <strong>closed to new applicants on 1 January 2024</strong>, replaced by the narrower IFICI program aimed at scientific research and specific tech roles. Existing NHR holders keep their 10-year benefit. Plan tax strategy carefully — Portugal's default progressive rates reach 48%.
Learn more: Portugal vs USA Cost of Living→Interested in this property?
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Legal help in Portugal
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Portugal?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Next steps for moving to Portugal
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
Casa Sapo
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