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What is the cost of a luxury 2-bedroom apartment in East Algarve?

Apartment in Olhão

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

The current price for a luxury 2-bedroom apartment in East Algarve, particularly in Olh\u00e3o, is €1,200,000. This price reflects the premium features and exceptional location of these frontline properties situated directly across from Olh\u00e3o Marina. If you are looking for an apartment that combines modern comforts with breathtaking sea views, this property is a perfect choice.

Spanning an impressive 122 m\u00b2 of living space, each apartment offers two en-suite bedrooms complete with built-in wardrobes and spacious balconies. The high-quality finishes and modern amenities create an inviting atmosphere that meets the needs of discerning buyers. The expansive sea-view terraces provide ample outdoor space, perfect for relaxation or entertaining guests.

With two rooftop pools, including one that is heated, residents can enjoy luxury amenities right at home. The location also benefits from its proximity to the city centre and waterfront markets, enhancing the residential experience.

Investing in these apartments not only secures a stunning home but also positions you in a desirable rental market, ideal for holiday rentals given the area's appeal. Seize the opportunity to own a piece of paradise in the East Algarve. Reach out now 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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