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Faro
Olhos de Agua | Algarve

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NovusMed
NovusMed
Presented At
€1,000,000
Bedrooms
3
Bathrooms
2
Living
1,680
SQM
Jacuzzi
Basement
Terrace
Parking
Water View
Beachfront
Sea View
Privacy
Panoramic / Scenic View
Investment Property
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Faro, Olhos de Agua, Algarve, Portugal. , Olhos de Agua , Algarve

Penthouse type T3 overlooking the Sea 300 meters from the beach of the Germans, Albufeira

With a privileged location just 300 meters from the stunning Praia dos Alemão beach in Albufeira, this magnificent penthouse of typology T3 offers a unique opportunity to enjoy the best that the region has to offer. Offering panoramic sea views, this exclusive property combines luxury, comfort and natural beauty. The apartment occupies the top floor and the roof terrace, ensuring total privacy and a quiet environment. With a generous area of 270m2 the space is cleverly designed to maximise the entry of natural light and offer stunning views. The living room with wide window spans that open onto a spacious terrace, where the sea view extends as far as the eye can reach, perfect for relaxing or receiving friends, is an invitation to contemplate the unforgettable sunsets over the sparkling waters. The kitchen, modern and fully equipped, has high quality finishes and a functional design. The integration between the kitchen and the dining room creates a sense of open space, making it ideal for both everyday meals and special events. The three bedrooms are elegantly designed to provide comfort and tranquility. The master bedroom, in particular, is a spacious suite that offers a tranquil retreat with sea views. The other two bedrooms are equally charming and share the social bathroom. In the basement of the building this apartment has 2 parking spaces and 2 storage rooms. In addition to the interior beauty, this top-floor apartment also offers access to a rooftop leisure area where you can enjoy sun loungers, the possibility of installing a jacuzzi and outdoor seating areas. This is the perfect place to cool off on a hot summer day or simply relax under the starry sky. The location could not be better, just 300 meters from Praia dos Alemãoes, famous for its crystal clear waters and golden sands, allowing locals to dive into the sea whenever they wish. In addition, the proximity to the city of Albufeira offers a variety of entertainment options, quality restaurants, charming shops and a vibrant nightlife. In summary, this 3 bedroom penthouse apartment is a true gem that combines a spectacular location with an elegant design and exceptional comfort. Whether as a permanent residence, holiday home or investment, this property offers a sophisticated beachfront life that is truly exceptional. Energy Rating: A #ref:A3-01 (PR-162)

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Map showing Faro, Olhos de Agua, Algarve, Portugal.

Property Location

Faro, Olhos de Agua, Algarve, Portugal., Olhos de Agua Algarve

Local Weather & Climate

Olhos de Agua, Algarve

Current Conditions Updated recently
59 °F
Overcast clouds
Feels Like 59°F
Humidity 97%
Wind 10 mph
Visibility 6.2 mi
Sunrise 7:26 AM
Sunset 6:08 PM
5-Day Forecast
Wed 11 Feb
Clouds
High 62°
Low 59°
Thu 12 Feb
Rain
High 62°
Low 59°
Fri 13 Feb
Rain
High 59°
Low 52°
Sat 14 Feb
Clear
High 57°
Low 48°
Sun 15 Feb
Clouds
High 60°
Low 48°
Data from OpenWeatherMap

Mortgage Calculator

Estimate your monthly payments for this property

%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Portugal)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Frequently Asked Questions

Common questions about this property

This apartment at Faro, Olhos de Agua, Algarve, Portugal features 3 bedrooms with 1,680 square feet of living space.
This property offers 1,680 square feet of living space.
This property is listed at $100,000,000, which equals $59524 per square foot.
This is a apartment located in Olhos de Agua, Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.
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