This townhouse is currently under construction and is scheduled for completion in the third quarter of 2026

Olhão, Faro, Portugal

For Sale

€480,000

REF: 953518 €480,000


4

3

150 m2

143 m2

Description

This townhouse is currently under construction and is scheduled for completion in the third quarter of 2026. It is located in a quiet residential area with green spaces and trees in Moncarapacho, just a few minutes' walk from the town centre and all its amenities. It has 3 bedrooms and 3 bathrooms, plus a smaller bedroom that can be used as an office on the ground floor, an open-plan kitchen with living/dining room, and on the top floor there is an attic that can be used for storage or another living space with access to a south-facing terrace with large areas.

The cottage also has a patio at the front and another one at the rear for alfresco dining. The kitchen is fully equipped with Bosch appliances, black angola granite worktops and the kitchen units will be lacquered in the colour of your choice. You have the opportunity to personalise your new home with finishes to suit your taste.

The plot has 142.50m2 and a total construction area of 150m2 excluding the 40m2 attic. Moncarapacho is a small village situated in the municipality of Olhão, north side and close to the fishing village of Fuseta, Attractions near the village: Fuseta and its island and beach, the Monterossa olive oil factory, Armona , Farol and Culatra islands, the Arroteia area for water sports, a visit to the cork factory, the Bela Romão croquet club, Olhão markets, trails in the mountains, cerro São Miguel, cerro da Cabeça among others.

Faro and Olhão are the most important towns near Moncarapacho, Faro being the capital of the region, mostly lived in by locals, thus offering a vibrant Portuguese atmosphere. An old town around a medieval wall, old cobbled streets where you can find restaurants serving local cuisine, shops and bars, some with breathtaking views of the sunset over the Ria Formosa, a cathedral, squares with different types of traditional architecture, museums and the famous chapel of bones.

Olhão, the city of the Restoration with its cubist architecture in the typical neighbourhoods of Barreta and Levante with their little white houses with whitewashed roofs and Algarvian chimneys, the labyrinth of little alleys with a few shops and taverns. Enjoy walks in the well-kept parks by the Ria Formosa to the new marina shopping area, crossing the famous fruit and vegetable and fish market square with several south-facing terraces cafés admiring the natural park of Ria Formosa . And of course, you can't visit the city without taking the boat that takes you to the islands of Armona, Culatra and Farol. #ref: 139196
This townhouse is currently under construction and is scheduled for completion in the third quarter of 2026. It is located in a quiet residential area with green spaces and trees in Moncarapacho, just a few minutes' walk from the town centre and all its amenities. It has 3 bedrooms and 3 bathrooms, plus a smaller bedroom that can be used as an office on the ground floor, an open-plan kitchen with living/dining room, and on the top floor there is an attic that can be used for storage or another living space with access to a south-facing terrace with large areas.

The cottage also has a patio at the front and another one at the rear for alfresco dining. The kitchen is fully equipped with Bosch appliances, black angola granite worktops and the kitchen units will be lacquered in the colour of your choice. You have the opportunity to personalise your new home with finishes to suit your taste.

The plot has 142.50m2 and a total construction area of 150m2 excluding the 40m2 attic. Moncarapacho is a small village situated in the municipality of Olhão, north side and close to the fishing village of Fuseta, Attractions near the village: Fuseta and its island and beach, the Monterossa olive oil factory, Armona , Farol and Culatra islands, the Arroteia area for water sports, a visit to the cork factory, the Bela Romão croquet club, Olhão markets, trails in the mountains, cerro São Miguel, cerro da Cabeça among others.

Faro and Olhão are the most important towns near Moncarapacho, Faro being the capital of the region, mostly lived in by locals, thus offering a vibrant Portuguese atmosphere. An old town around a medieval wall, old cobbled streets where you can find restaurants serving local cuisine, shops and bars, some with breathtaking views of the sunset over the Ria Formosa, a cathedral, squares with different types of traditional architecture, museums and the famous chapel of bones.

Olhão, the city of the Restoration with its cubist architecture in the typical neighbourhoods of Barreta and Levante with their little white houses with whitewashed roofs and Algarvian chimneys, the labyrinth of little alleys with a few shops and taverns. Enjoy walks in the well-kept parks by the Ria Formosa to the new marina shopping area, crossing the famous fruit and vegetable and fish market square with several south-facing terraces cafés admiring the natural park of Ria Formosa . And of course, you can't visit the city without taking the boat that takes you to the islands of Armona, Culatra and Farol. #ref: 139196
Read More

Property on Map

#139196

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 €480,000 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
€480,000 £395,472 £406,123 £10,651
Property Price € €480,000
Minimum cost in the last six months £395,472
Maximum cost in the last six months £406,123
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,651

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 €480,000 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
€480,000 £395,472 £406,123 £10,651
Property Price € €480,000
Minimum cost in the last six months £395,472
Maximum cost in the last six months £406,123
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,651

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 £10,651 more.

Read More







No     Yes



No     Yes

I agree to be connected with a trusted property agent who will receive these details.
We handle your data with care and only ever as outlined in our Privacy Policy

Loading..
We use cookies to improve your experience on our website. By browsing this website, you agree to our use of cookies.