2 Bed Apartment in Lisbon
- Price : £325,000.00
- For Sale
- Enquire Now
2 Bed Apartment in Lisbon
Completely refurbished with the high quality materials, this key ready property is for sale in Portugal. Superb investment properties are marketed and sold here! This two bedroom apartment is ready to move in to. It is in the Entrecampos District of Lisbon which is close to all local amenities, schools and hospitals. This property may be a very good investment alternative in Lisbon as it brings remarkable rental income when let on a daily / weekly basis. It is an unfurnished property however, it has central heating and double glazed windows.
The apartment has 92 square meter indoor living space plus 2 balconies. Two double bedrooms with fitted wardrobes. Master Bedroom has an en-suite bathroom and the second bedroom shares the family bathroom. There is an open plan kitchen and living room with a balcony. The kitchen is fully fitted and comes with white goods. All floors are made with quality wood except the kitchen and bathrooms.
Golden Visas in Portugal
If the applicant needs the Golden Visa in Portugal then this property is not sufficient on its own however, it may be an ideal choice for someone who wishes to purchase two properties and rent one or both of them out. It is allowed in the Golden Visa rules in Portugal and please check the link related to this subject.
Tax Free Retirement in Portugal;There are some new pension rules that may allow you to move abroad and take your hard-earned savings with you, allowing you to potentially escape some of the taxes that would otherwise apply in Britain or some other EU countries.
If you relocate to Portugal for example, it could be possible to take your pension and pay absolutely no tax on it for the first 10 years. This can also apply even if you withdraw large sums, a move which, in the UK, for example, could result in tax charges, as such withdrawals are treated and taxed as income. In many cases, from the date of your purchase you may even be able to finance more than 80% of your property in Portugal, making the difference between a comfortable retirement and one in which the retiree has to be careful.
Tax treatment of expat pensions
How you are taxed on your pension income will depend on your residence status for tax purposes, and the type of pension you have.
Britain, Sweden, Germany, Norway and a few other Eurpean Countries have double tax treaties with most countries around the world that prevent you from having to pay tax in both of the jurisdictions. These treaties stipulate that your personal pension, which includes employer schemes and personal accounts such as Sipps (self-invested personal pensions), and your state pension, are only taxable in the country in which you live.
It is possible to move to Portugal and pay absolutely no tax whatsoever on your pension, whether you decide to take it as one lump sum or as a regular income.
This is because the United Kingdom has a beneficial tax treaty with Portugal and in 2009, Portugal introduced the non-habitual residents regime but this is available to people who are relatively new to Portugal and this allows them to take all foreign sources of income, such as pensions, tax free for the first 10 years.
We would introduce you to our associated law firm and provide advice related to this subject. To qualify, you need to register as a non-habitual resident with the Portuguese tax authorities, and after 10 years you will be taxed at Portugal’s marginal rates.
Lisbon City Center Apart
Great Rental return
Private Cark Park Space
Tax Free Pensions in Portugal
Golden Visa maybe available
Map Of Property
|Floor Area||92 SQUARE METER|
|No of Storeys||5|
|On what Storey||3|