This website uses cookies to ensure you get the best experience on our website   More info
Need Help?

Ocean Front 1 Bedroom Bank Repossession Apartment, Mortgage rates from only 1%

In Olhão, Olhão

Bank Repossession,1bed,Apartment,Olhao,BankRepo,OceanFront,90% Finance Portugal,ideal homes portugal

  • 1
  • 1
150.000 €

Make an Offer

Ocean Front 1 Bedroom Bank Repossession Apartment, Mortgage rates from only 1%

Book a Time to View

Ocean Front 1 Bedroom Bank Repossession Apartment, Mortgage rates from only 1%

Know more about this property

Ocean Front 1 Bedroom Bank Repossession Apartment, Mortgage rates from only 1%

Property Details

  • Reference IDH8435
  • Type Apartment
  • Certification -
  • Bedroom(s) 1
  • Bathroom(s) 1
  • House area -
  • Land area -
  • Zone Olhão
  • City Olhão
  • Region Faro

Description

Download our buying guide

Apartment for sale in Olhão

*** Reduced from €200,000 to €150,000 ***

Affordable ocean front property in southern Portugal still a reality with this special bank repossession. Situated in an unspoiled region of the Algarve, next to a historic village and one of the best seafood and fresh food markets in the country. This development faces a new built marina and the world heritage protected Ria Formosa, and is just 12 minutes walk to the beach and ferries to nearby islands.

Properties available from this bankrupt stock include:
1 Bedroom apartments, reduced from €200,000 to €150,000
2 bedroom apartments, reduced from €260,000 to €170,000
3 bedroom apartments, reduced from €290,000 to €193,000

Finanacing:
With a 10% deposit buyers can get 90% financing for up to 40 years.

Property Surroundings:
Closest landmarks
Culatra Island 4 km
Faro Hospital 7.1 km
Modelo Supermarket 7.4 km
Lethes Theatre 7.5 km
Faro downtown 7.5 km
Carmo Church & Bones Chapel 7.7 km
Cathedral of Faro 7.8 km
Arch to the Old Town district of Faro 7.8 km
Old Town Faro 7.9 km
Faro Marina 8 km

  • Air conditioning
  • Heating
  • Open Plan Living/Dining
  • Integrated Appliances
  • Double Glazed Windows
  • Fully Fitted Kitchen
  • Wood Flooring
  • Fitted Wardrobes
  • Communal Pool
  • Chlorine Pool
  • Ocean View
  • Surrounding View
  • Covered Terraces
  • Private condominium
  • Lift
  • Panoramic Sea Views
  • Near Markets
  • Traditional Architecture
  • Near Beach
  • Near Shopping
  • Roof terrace
  • Terrace
  • Parking Space

Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 90% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

More Info... 

Stay up to date on great properties with our Newsletter and follow us on Facebook