Engel & Völkers

Development project

Luxury apartments overlooking the Ria Formosa

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€575,000
  • 7 Units for sale

Equipment and special features of this development project

Luxury apartments for sale in Olhão, 1 to 3 Bedrooms, facing the Marina, with views of the islands of the Ria Formosa Natural Park. Premium finishes, spacious areas, and modern design are some of the key features of this condominium, a potential seaside holiday retreat in a peaceful location. In Olhão, a city strongly connected to the sea, you'll find the best of traditional Algarvian cuisine and the finest markets for fresh seafood and fish. The condominium has a set of common spaces for residents and its family to enjoy Algarve, especially in summertime. The development includes 5 pools (4 outdoor and 1 indoor) and various relaxation areas inviting residents to unwind. It has 126 apartments available for sale, distributed as follows: - 68 units - 1-bedroom apartment, ranging from 64.4 sqm to 128.3 sqm; - 50 units - 2-bedroom apartment with areas between 110.4 sqm and 188.1 sqm; - 8 units - 3-bedroom apartment with areas between 187.4 sqm and 208.4 sqm. The apartments are equipped with oak floors in the suite, linen walls, a large living room in an open plan to a fully equipped kitchen and with access to a balcony, which makes these apartments very bright and enlighten the wide-open interiors and their contemporaneous finishes. All apartments are entitled to private parking. Estimated completion date is in 1st semester of 2025. Living in one of these apartments means being just a 5-minute walk from the Marina and the centre of Olhão. The city offers a wide range of services, green spaces, malls, restaurants, cafes, bakeries, supermarkets, and more. Some of the barrier islands of the Ria Formosa Natural Park, such as Armona, Culatra, Hangares, and Farol, are a short boat trip away from Olhão. Come and experience the real Algarve living! For more information or to schedule a visit, please contact us. The Engel & Völkers Faro-Tavira team is here for you!

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Engel & Völkers Faro - Tavira

Your advisor: Luis Marçalo

Project ID: D-000JX3

7 Units for sale

Luxury apartments overlooking the Ria Formosa

Olhão, Faro District, Portugal

Luxury apartments overlooking the Ria Formosa

€1,340,000

Luxury apartments overlooking the Ria Formosa

Olhão, Faro District, Portugal

Luxury apartments overlooking the Ria Formosa

€1,310,000

Luxury apartments overlooking the Ria Formosa

Olhão, Faro District, Portugal

Luxury apartments overlooking the Ria Formosa

€755,000

Luxury apartments overlooking the Ria Formosa

Olhão, Faro District, Portugal

Luxury apartments overlooking the Ria Formosa

€745,000

Luxury apartments overlooking the Ria Formosa

Olhão, Faro District, Portugal

Luxury apartments overlooking the Ria Formosa

€725,000

Luxury apartments overlooking the Ria Formosa

Olhão, Faro District, Portugal

Luxury apartments overlooking the Ria Formosa

€685,000

Location: Olhão, Faro District

These apartments are located in front of Olhão Marina. A municipality with a strong fishing tradition and a deep emotional connection to the Ria Formosa, Olhão boasts a newly inaugurated seaside promenade, marina, and recreational port. Here, you can dock your boat or take one of the ferries or water taxis that make daily crossings to the magnificent islands of Armona, Culatra, and Farol. This is a region of shellfish gatherers and high-quality fresh seafood, resulting in a proliferation of fine-dining restaurants in the city. Olhão is also famous for its fresh fish market and open-air markets selling local products. It is in this municipality that Quinta de Marim is located, known for its work in preserving species of the Ria Formosa Natural Park. In recent years, Olhão has been discovered by many foreigners and chosen by numerous artists to establish their studios. The municipality comprises the parishes of Olhão, Pechão, Quelfes, Moncarapacho, and Fuseta. With a history closely tied to the canning industry, Fuseta is now highly sought after by water sports enthusiasts, including sailing, windsurfing, and kitesurfing. Olhão is a 10-minute drive from the Colina Verde Golf Course, has easy access to the A22 highway (Via do Infante), and is located approximately 20 minutes from Faro International Airport. In addition to restaurants, this city offers a wide range of services and amenities, such as both public and private schools, the International Clinic of Olhão, Ria Shopping mall, pharmacies, police, banks, bus and train stations, and public swimming pools.

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Engel & Völkers Faro - Tavira

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Provider:

João Agualusa & Elisa Ferreira, Lda

License partner of Engel & Völkers Residential GmbH

Commission details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represente that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.

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