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Modern Condominium with Views over the Ria Formosa – Olhão This elegant building with contemporary lines features 39 thoughtfully designed apartments that combine comfort, accessibility, and a strong connection to the outdoors
Olhão, Faro, Portugal
REF: 962189
€410,000
Description
Modern Condominium with Views over the Ria Formosa – Olhão This elegant building with contemporary lines features 39 thoughtfully designed apartments that combine comfort, accessibility, and a strong connection to the outdoors. With spacious, well-laid-out interiors, each unit is crafted to provide a refined and balanced living experience. The development blends harmoniously with the unique landscape of the Ria Formosa, offering stunning views from the social areas, kitchens, and living rooms. Comprising five floors above ground and an underground level for parking, the condominium enjoys excellent sun exposure. The south-facing living areas ensure abundant natural light throughout the day. Outside, a swimming pool and landscaped garden create a serene and inviting environment. Key Features: • 39 apartments with 1, 2, or 3 bedrooms • Fully equipped modern kitchens • Spacious and bright living rooms • Elegant bedrooms and high-quality finishes in bathrooms • 5 floors + private rooftop lounges • Swimming pool, garden, and fitness area • Parking garage and concierge service • Estimated completion: 2026 Located in the newest and most modern neighbourhood of Olhão, the condominium enjoys a privileged location less than 300 metres from the marina and seafront promenade. You'll find the city's best restaurants nearby, along with immediate access to the iconic Ria Formosa and its salt flats. #ref: 140995
Modern Condominium with Views over the Ria Formosa – Olhão This elegant building with contemporary lines features 39 thoughtfully designed apartments that combine comfort, accessibility, and a strong connection to the outdoors. With spacious, well-laid-out interiors, each unit is crafted to provide a refined and balanced living experience. The development blends harmoniously with the unique landscape of the Ria Formosa, offering stunning views from the social areas, kitchens, and living rooms. Comprising five floors above ground and an underground level for parking, the condominium enjoys excellent sun exposure. The south-facing living areas ensure abundant natural light throughout the day. Outside, a swimming pool and landscaped garden create a serene and inviting environment. Key Features: • 39 apartments with 1, 2, or 3 bedrooms • Fully equipped modern kitchens • Spacious and bright living rooms • Elegant bedrooms and high-quality finishes in bathrooms • 5 floors + private rooftop lounges • Swimming pool, garden, and fitness area • Parking garage and concierge service • Estimated completion: 2026 Located in the newest and most modern neighbourhood of Olhão, the condominium enjoys a privileged location less than 300 metres from the marina and seafront promenade. You'll find the city's best restaurants nearby, along with immediate access to the iconic Ria Formosa and its salt flats. #ref: 140995
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Currency Exchange
Olhão, Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €410,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €410,000 | £337,799 | £355,917 | £18,118 |
| Property Price € | €410,000 |
| Minimum cost in the last six months | £337,799 |
| Maximum cost in the last six months | £355,917 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,118 |
Olhão, Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €410,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €410,000 | £337,799 | £355,917 | £18,118 |
| Property Price € | €410,000 |
| Minimum cost in the last six months | £337,799 |
| Maximum cost in the last six months | £355,917 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,118 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £18,118 more.
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