One-bedroom apartment with 71sqm and a 3sqm balcony, located in an exclusive new development emerging in front of the Olhão Marina, in the charming Eastern Algarve, offering breathtaking views of the Ria Formosa

Olhão, Faro, Portugal

For Sale

€365,000

REF: 896666 €365,000


1

1


70 m2

91 m2

Description

One-bedroom apartment with 71sqm and a 3sqm balcony, located in an exclusive new development emerging in front of the Olhão Marina, in the charming Eastern Algarve, offering breathtaking views of the Ria Formosa. Del Mar Waterfront Living redefines the concept of luxury living by the sea, providing an unparalleled lifestyle experience in one of the most privileged locations in Olhão.

With spectacular panoramic views of the Ria Formosa, one of Portugal's most impressive natural reserves, this development invites you to embrace the tranquillity and beauty of the region. The project comprises 126 spacious apartments, ranging from one to three bedrooms, distributed across four elegant buildings, each with five floors.

All apartments come with private parking, ensuring maximum convenience and security for residents. Del Mar Waterfront Living stands out for its premium amenities, perfect for those seeking a luxurious lifestyle. The development includes a modern gym and four outdoor swimming pools two located in the garden and two on the rooftop, where you can relax while enjoying stunning views of the sea and the Ria.

Additionally, there is a heated indoor pool on the rooftop, ideal for year-round enjoyment. On the lower level, the elegant gardens, thoughtfully designed with inviting lounge areas, surround the main pool, creating a serene and sophisticated atmosphere. Each apartment includes a private garage space, and some units feature private storage rooms.

Moreover, additional garages and storage units are available as separate autonomous fractions for those requiring extra space. Living in Olhão means experiencing the authentic essence of the Algarve. This picturesque town is famous for its cubist architecture and vibrant fish market and serves as the gateway to the idyllic islands of the Ria Formosa, such as Armona Island and Culatra Island, known for their golden sandy beaches and crystal-clear waters.

The Olhão Marina is the perfect starting point to explore this magnificent natural paradise, where the sea and nature come together in perfect harmony. Just a few minutes' walk from the development, you will find the lively centre of Olhão, filled with traditional restaurants, bars, and local markets, offering a peaceful lifestyle with easy access to all amenities.

In addition, Faro International Airport is only 15 km away, providing excellent connections for those who value comfort and proximity. Del Mar Waterfront Living offers a prime location, exclusive amenities, and the natural beauty of Olhão, making it the ideal choice for those who value luxury, nature, and quality of life.

With over 20 years of experience in the real estate market, Casasdosotavento invites you to discover this unique project and embark on your next real estate investment. Contact us and discover your new home by the sea!
One-bedroom apartment with 71sqm and a 3sqm balcony, located in an exclusive new development emerging in front of the Olhão Marina, in the charming Eastern Algarve, offering breathtaking views of the Ria Formosa. Del Mar Waterfront Living redefines the concept of luxury living by the sea, providing an unparalleled lifestyle experience in one of the most privileged locations in Olhão.

With spectacular panoramic views of the Ria Formosa, one of Portugal's most impressive natural reserves, this development invites you to embrace the tranquillity and beauty of the region. The project comprises 126 spacious apartments, ranging from one to three bedrooms, distributed across four elegant buildings, each with five floors.

All apartments come with private parking, ensuring maximum convenience and security for residents. Del Mar Waterfront Living stands out for its premium amenities, perfect for those seeking a luxurious lifestyle. The development includes a modern gym and four outdoor swimming pools two located in the garden and two on the rooftop, where you can relax while enjoying stunning views of the sea and the Ria.

Additionally, there is a heated indoor pool on the rooftop, ideal for year-round enjoyment. On the lower level, the elegant gardens, thoughtfully designed with inviting lounge areas, surround the main pool, creating a serene and sophisticated atmosphere. Each apartment includes a private garage space, and some units feature private storage rooms.

Moreover, additional garages and storage units are available as separate autonomous fractions for those requiring extra space. Living in Olhão means experiencing the authentic essence of the Algarve. This picturesque town is famous for its cubist architecture and vibrant fish market and serves as the gateway to the idyllic islands of the Ria Formosa, such as Armona Island and Culatra Island, known for their golden sandy beaches and crystal-clear waters.

The Olhão Marina is the perfect starting point to explore this magnificent natural paradise, where the sea and nature come together in perfect harmony. Just a few minutes' walk from the development, you will find the lively centre of Olhão, filled with traditional restaurants, bars, and local markets, offering a peaceful lifestyle with easy access to all amenities.

In addition, Faro International Airport is only 15 km away, providing excellent connections for those who value comfort and proximity. Del Mar Waterfront Living offers a prime location, exclusive amenities, and the natural beauty of Olhão, making it the ideal choice for those who value luxury, nature, and quality of life.

With over 20 years of experience in the real estate market, Casasdosotavento invites you to discover this unique project and embark on your next real estate investment. Contact us and discover your new home by the sea!
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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 €365,000 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
€365,000 £302,333 £313,699 £11,366
Property Price € €365,000
Minimum cost in the last six months £302,333
Maximum cost in the last six months £313,699
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,366

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 €365,000 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
€365,000 £302,333 £313,699 £11,366
Property Price € €365,000
Minimum cost in the last six months £302,333
Maximum cost in the last six months £313,699
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,366

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 £11,366 more.

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