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What is the cost of investing in luxury apartments near Ria Formosa in the Algarve?

Apartment in Olhão

ref. TV1834
1.200.000€
  • A
  • 2
  • 3
  • 122m2
  • Modern Construction

If you’re considering an investment in luxury apartments near Ria Formosa in the Algarve, these exceptional listings are priced at €1,200,000. Located in a highly sought-after area of Olh\u00e3o, these frontline apartments not only offer a stunning architectural design but also breathtaking sea views that are hard to match.

Each of the apartments comes with two spacious bedrooms equipped with en-suite bathrooms and built-in wardrobes, ideal for both personal use and potential rental income. With a total living area of 122 m\u00b2, including large terraces ranging from 22 m\u00b2 to 38 m\u00b2, the properties provide ample space for comfortable living.

The closed condominium enhances your privacy and security with 24-hour CCTV coverage, ensuring peace of mind for residents. Plus, a short walk will take you to the bustling old town of Olh\u00e3o, which offers a variety of amenities including markets and dining options.

As an investment, these apartments are not just luxury homes; they provide a lucrative opportunity due to the area's popularity among tourists and expats. With easy access to stunning beaches and golf courses, this premium location appeals to a broad range of buyers. If you’re ready to invest in a luxurious Mediterranean lifestyle, contact us today for more information!

Usage
Residential
Type
Apartment
Town
Olhão
Parish
Olhão
Municipality
Olhão, Faro
Region
Algarve (East)
Construction Year
2022
Rooms
3
Bedrooms
2
Bathrooms
3
Floors
1
Living Area
122 m²
Garage, Underground Garage, Parking outdoors
Lounge/Dining, Patio Doors
Terraces
Open Plan, Fully Fitted, Modern
Laundry
2, En-Suite, Fitted Wardrobe, Dressing Area
Video Intercom, Lift, Solar (Water)
Double glazing
Communal, Solar Heated, Infinity edge
Communal, Landscaped, Auto irrigation
Sea View, Town View, River/Estuary Views
Modern Construction
• Living area: 122 m²
• Sea-view terraces: 22 m² / 38 m²
• 2 bedrooms, 2 bathrooms (en-suite)
• 2 rooftop pools (one heated)
• Construction: 2022

Large, south-facing, sea-view terraces extend fully across the front of each of these properties, giving unrivalled views. Beautifully finished for modern living, these luxury apartments offer generous living areas and excellent indoor distribution. The private condominium is a short walk away from the old town of Olhão with its restaurants, famous markets, ferries to the beach and all amenities. A fantastic opportunity for permanent living, holiday home or investment property in “the capital of the Ria Formosa”.

• 2 bedrooms with en-suite bathrooms, built-in wardrobes and balconies
• guest bathroom
• open-plan living-dining area and kitchen
• laundry and storage cupboards
• huge terrace with sea view

Price 1.200.000,-€
2x 2 bedroom apartments on the 1st floor
1x 2 bedroom apartment on the 2nd floor

Amenities

• Fully equipped, modern kitchen
• Top-quality finishes
• Air conditioning
• Mains electricity and water
• Solar panels for hot water
• 2 swimming pools on the roof (one heated)
• Private condominium
• 24-hour CCTV security
• Low maintenance costs
• Garage, private parking and storage in basement

Location

• Quiet, safe and private
• Well-located in the city of Olhão, only a few minutes’ walk from the city centre and water-front markets
• Distance to sea: 75 m (Ria Formosa)
• Nearest beach: Ferries to Ilhas de Farol and Armona (0.5 km)
• Nearest Golf: 19 km (Quinta do Lago); 34 km (Benamor)
• Faro International Airport: 14 km
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