1 Bedroom apartment with 71 sq m, balconies of 2 sq m, inserted in a new exclusive development, to be born in front of the Marina of Olhão, in the Eastern Algarve

Olhão, Faro, Portugal

For Sale

€375,000

REF: 754062 €375,000


1

2

70 m2

94 m2

Description

1 Bedroom apartment with 71 sq m, balconies of 2 sq m, inserted in a new exclusive development, to be born in front of the Marina of Olhão, in the Eastern Algarve; offering a breathtaking view of the Ria Formosa. It consists of 126 spacious apartments from 1 to 3-bedroom, and is divided into four buildings with five floors each.

This private condominium offers a variety of amenities and leisure spaces for residents to enjoy to the fullest. The apartments have private parking, ensuring convenience and safety for residents. In addition, the development has a modern gym, perfect for those looking to maintain a healthy exercise routine.

To take advantage of the mild climate and typical lifestyle of Olhão, the development offers four outdoor swimming pools: two next to the garden, for adults and children, and two more on the rooftop, where you can be dazzled by the view of the Ria and the Sea. The development also has an indoor heated swimming pool, on the rooftop.

Located on the lower floor, the development has elegant gardens that connect with relaxing lounge spaces, surrounding the main pool. This area is designed to create a serene and tranquil environment where residents can enjoy moments of peace and contemplation. All apartments have parking in the garage and some have a storage room.

Garages and storage rooms are available for sale in an autonomous fraction. For those looking for a sophisticated and exclusive lifestyle in Olhão, this project is the perfect choice. With its privileged location, a wide range of amenities and services, and also the proximity to Faro international airport just 15 km away, this private condominium is an invitation to immerse yourself in the natural beauty of the region and enjoy all that it has to offer.

Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage.

We are specialists in investment and in the commercialization of real estate. In the Algarve next to the renowned Vilamoura Marina. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital, and in Porto, we are based in Foz Do Douro, one of the noblest places in the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
1 Bedroom apartment with 71 sq m, balconies of 2 sq m, inserted in a new exclusive development, to be born in front of the Marina of Olhão, in the Eastern Algarve; offering a breathtaking view of the Ria Formosa. It consists of 126 spacious apartments from 1 to 3-bedroom, and is divided into four buildings with five floors each.

This private condominium offers a variety of amenities and leisure spaces for residents to enjoy to the fullest. The apartments have private parking, ensuring convenience and safety for residents. In addition, the development has a modern gym, perfect for those looking to maintain a healthy exercise routine.

To take advantage of the mild climate and typical lifestyle of Olhão, the development offers four outdoor swimming pools: two next to the garden, for adults and children, and two more on the rooftop, where you can be dazzled by the view of the Ria and the Sea. The development also has an indoor heated swimming pool, on the rooftop.

Located on the lower floor, the development has elegant gardens that connect with relaxing lounge spaces, surrounding the main pool. This area is designed to create a serene and tranquil environment where residents can enjoy moments of peace and contemplation. All apartments have parking in the garage and some have a storage room.

Garages and storage rooms are available for sale in an autonomous fraction. For those looking for a sophisticated and exclusive lifestyle in Olhão, this project is the perfect choice. With its privileged location, a wide range of amenities and services, and also the proximity to Faro international airport just 15 km away, this private condominium is an invitation to immerse yourself in the natural beauty of the region and enjoy all that it has to offer.

Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage.

We are specialists in investment and in the commercialization of real estate. In the Algarve next to the renowned Vilamoura Marina. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital, and in Porto, we are based in Foz Do Douro, one of the noblest places in the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Property on Map

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Currency Exchange

Olhão, Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €375,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€375,000 £310,616 £322,294 £11,678
Property Price € €375,000
Minimum cost in the last six months £310,616
Maximum cost in the last six months £322,294
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,678

Olhão, Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €375,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€375,000 £310,616 £322,294 £11,678
Property Price € €375,000
Minimum cost in the last six months £310,616
Maximum cost in the last six months £322,294
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,678

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £11,678 more.

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