2 Bed Apartment for sale

Olhão, Algarve, Portugal

£153,482

 [€175,000]

Property Details

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Air conditioning
  • Central heating
  • Closed condominium
  • Elevator
  • Terrace
  • Balcony

Full Description

***Bank Repossession*** Mortgage as low as 1.75%

Affordable ocean front property in southern Portugal still a reality with this special bank repossession. Situated in an unspoiled region of the Algarve, next to a historic village and one of the best seafood and fresh food markets in the country. This development faces a new built marina and the world heritage protected Ria Formosa, and is just 12 minutes walk to the beach and ferries to nearby islands.

Properties available from this bankrupt stock include:
1 Bedroom apartments, reduced from €200,000 to as low as €150,000
2 Bedroom apartments, reduced from €260,000 to as low as €170,000
3 Bedroom apartments, reduced from €290,000 to as low as €193,000

Financing:
With a 10% deposit buyers can get 90% financing for up to 40 years.

Property Surroundings:
Closest landmarks
Culatra Island 4 km
Faro Hospital 7.1 km
Modelo Supermarket 7.4 km
Lethes Theatre 7.5 km
Faro downtown 7.5 km
Carmo Church & Bones Chapel 7.7 km
Cathedral of Faro 7.8 km
Arch to the Old Town district of Faro 7.8 km
Old Town Faro 7.9 km
Faro Marina 8 km

Olhão is a lovely quaint coastal town in Eastern Algarve, by the 17th century it had grown out of the fishing industry, but becoming the main source of income in the Algarve for many years dues to being host town to the first established canning factory, producing canned tuna and sardines, Olhão fastly became a reliable contribution to the economy. Located at only 10 kilometers east of Faro, being one of the Algarve's main ports. - REF: IDH8467
This property listing (ref: IDH8467) is an advertisement supplied by Ideal Homes Portugal and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

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