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3 Bedroom Apartment with Sea Views

In Olhão, Olhão

Ocean Front,Sea Views,buy 3 bed apartment,bank repo,repossession,Faro

  • 3
  • 3
  • 128 m2
215.000 €

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3 Bedroom Apartment with Sea Views

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3 Bedroom Apartment with Sea Views

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3 Bedroom Apartment with Sea Views

Property Details

  • Reference IDH8463
  • Type Apartment
  • Certification -
  • Bedroom(s) 3
  • Bathroom(s) 3
  • House area 128 m2
  • Land area -
  • Zone Olhão
  • City Olhão
  • Region Faro

Description

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Apartment for sale in Olhão

***Bank Repossession*** Mortgage as low as 1.75%

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 as low as €150,000
2 Bedroom apartments, reduced from €260,000 to as low as €170,000
3 Bedroom apartments, reduced from €290,000 to as low as €193,000

Financing:
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

Olhão is a lovely quaint coastal town in Eastern Algarve, by the 17th century it had grown out of the fishing industry, but becoming the main source of income in the Algarve for many years dues to being host town to the first established canning factory, producing canned tuna and sardines, Olhão fastly became a reliable contribution to the economy. Located at only 10 kilometers east of Faro, being one of the Algarve's main ports.

  • Air conditioning
  • Heating
  • Open Plan Living/Dining
  • Double Glazed Windows
  • Wood Flooring
  • Electric Shutters
  • Fitted Wardrobes
  • Communal Pool
  • Chlorine Pool
  • Ocean View
  • Surrounding View
  • Exterior Lighting
  • Private condominium
  • Lift
  • Near Markets
  • Traditional Architecture
  • Near Beach
  • Near Shopping
  • Roof 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... 

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