This two-bedroom apartment in Avenida da Liberdade is on the second-floor development within one of the most sought-after districts of Lisbon. The property offers a total of 145 square meters of living space as well as access to a communal swimming pool and roof-top terrace.
The apartment, completed in 2019, incorporates high-quality features including wooden flooring, double glazing, central heating and a fully-equipped kitchen.
The main external door opens onto a reception hall with its own cloakroom. Doors from here lead to both double en-suite bedrooms, also equipped with integral wardrobes. The main living room is spacious while the kitchen is adjacent to a separate utility room.
Avenida da Liberdade is well-known for retail outlets which are home to some of the world’s most famous brands, including Cartier, Prada and Gucci. The district also boasts some of Lisbon’s best-known restaurants. However, the development includes a new restaurant of its own, bringing fine dining to the doorstep.
Public transport links – including a Metro station and bus services – are also within easy reach as well as some of the city’s museums and botanical gardens.
A change to the programme is likely later this year, which will mean property in Lisbon will be exempt. However, currently (March 2020) Golden Visas remain available which means this property is still within the price bracket which allows the buyer to apply.
The Government has also indicated current regulations which exempt foreign nationals from paying tax on their pensions are likely to come to an end in 2020, when a 10% income tax levy is likely to be introduced. However, again, currently (March 2020) they remain exempt if they meet the following criteria:
Registered at the local tax office as a tax resident in Portugal
Remain in Portugal for at least 183 days each year.
Information about KHI Property
KHI Property has been marketing homes in Portugal, Turkey, Spain and Greece since 2012. We have significant experience in Golden Visa applications and property transactions and all our sales consultants are fully qualified.
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