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3 Bed Penthouse for sale

Olhos D'agua, Algarve, Portugal

£599,469 *  [€700,000]

3 Bed Penthouse for sale

Olhos D'agua, Algarve, Portugal

£599,469 *  [€700,000]

Property Details


  • Bedrooms: 3
  • Bathrooms: 2
  • Plot size: 171.55 m2

Features


  • PENTHOUSE WITH HUGE TERRACES AND SEA VIEWS.
  • SWIMMING POOL
  • NEW BUILD
  • 10 MINUTES WALK TO TWO BEACHES
  • AIR CONDITIONING
  • SOLAR HOT WATER
  • PRIVATE UNDERGROUND PARKING
  • FULLY FITTED KITCHENS.

Full Description


A new development of 20 Apartments for sale in the beautiful village of Olhos de Agua, Albufeira, Portugal.

In a quiet location in the centre of the village, just a 10-minute stroll to Olhos de Agua beach, supermarkets, bars and restaurants on your doorstep, 30 minutes drive from Faro International Airport, and 15 minutes drive to Vilamoura marina, 10 minutes drive to Albufeira Old Town.

Under construction, about 50% completed, with a predicted finish date of June 2024.

Very modern in design, built in an L shape, with all of the properties facing the swimming pool and fully landscaped gardens.

Built over four floors, so low rise construction of only five units per floor, with two lifts serving all floors and the underground parking area, each apartment having private secure designated parking space.

Spacious apartments with large terraces on the ground floor, and sun terraces on all other floors, the five penthouse apartments having private staircases leading up to private roof top terraces, with covered areas for alfresco dining and sun bathing.

All apartments are complete with fully fitted kitchens with appliances, air conditioning, solar hot water, electric blinds, private parking.

At the moment as of October 2023 three units are sold, so you have a choice of 17 units with 1,2, and three bedroom penthouses.
We have the price list, and full architects plans to assist in choosing your favourite apartment, of course you can now view on site but for safety reasons you must be accompanied by ourselves.

A deposit of 25% is required on the signing of the promissory contract, plus a further 25% after six months, the remaining 50% is due on completion of sale, Portuguese Lawyers are available for your direct representation.

Prices are from 300,000€ for one bedroom apartments.
415,000€ for two bedrooms, and 640,000€ for three bedroom penthouse apartments, the largest penthouse being 700,000€.

As this is the only new development for sale in the village we anticipate it to be sold out before completion, so early viewing is recommended.

ARCHITECTS INDIVIDUAL APARTMENT DETAILS AND BUILDING ADVERTISING WILL BE AVAILABLE SOON.

Map may not show exact location

This property listing (ref: APS12) is an advertisement supplied by Algarvepropertysite 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.
*Based on an exchange rate of 0.8564 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.