Back to Faro, Portugal

Apartamento T5 Venda 625.000 € em Faro, Faro (Sé e São Pedro), Faro, Algarve

Faro, Portugal

Guide Price

$719,813

625,000 EUR

$600K-$799K
View on Casa Sapo

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→
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Interested in this property?

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View original listing on Casa Sapo

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.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

Casa Sapo

Portal listings

Currency

EUR