Modern 2 bedroom Apartment for sale with panoramic view in Olhao, Algarve
985,000 EUR
817,550 GBP1,034,250 USD
Fabulous two-bedroom, two-bathroom apartment in the heart of Fuseta a charming, traditional fishing town on the Algarve coast, offering a rare opportunity to live in harmony with nature while enjoying modern luxury.
Set between the Ria Formosa Natural Park and the Atlantic Ocean, the apartment features a spacious open-plan living and kitchen area, filled with natural light from floor-to-ceiling windows. Warm wooden flooring adds a touch of natural elegance throughout, complementing the seamless flow of the space. The expansive balcony offers uninterrupted, panoramic views over the sea and the Ria Formosa a setting of peace, beauty, and privilege that few homes can offer.
Fabulous two-bedroom, two-bathroom apartment in the heart of Fuseta a charming, traditional fishing town on the Algarve coast, offering a rare opportunity to live in harmony with nature while enjoying modern luxury.
Set between the Ria Formosa Natural Park and the Atlantic Ocean, the apartment features a spacious open-plan living and kitchen area, filled with natural light from floor-to-ceiling windows. Warm wooden flooring adds a touch of natural elegance throughout, complementing the seamless flow of the space. The expansive balcony offers uninterrupted, panoramic views over the sea and the Ria Formosa a setting of peace, beauty, and privilege that few homes can offer.
Key Features: 2 bedrooms, 2 modern bathrooms with premium finishes Open-style kitchen and living room with abundant natural light Expansive balcony with breathtaking sea and Ria Formosa views Communal infinity pool with stunning vistas 2 privateparking spaces in underground garage Private storage room High-end appliances and luxury interiors Energy-efficient, contemporary design
This apartment is part of a premium development designed for those who value quality, serenity, and a connection to nature. Ideal as a permanent home, a refined holiday retreat, or a smart investment.
Fuseta is a town that lives and breathes authenticity. Rooted in tradition, it offers a vibrant local culture shaped by the sea from daily fresh fish markets to family-run restaurants serving time-honoured Algarvian dishes. Everything you need is within walking distance, inviting a lifestyle of ease and simplicity, where the car becomes optional.
For those who love the outdoors, the nearby Ecovia trail stretches along the coast, offering scenic routes for walking, cycling, or simply enjoying the natural beauty of the Ria Formosa.
Live the Algarve dream a sophisticated, slow-paced lifestyle by the ocean, with everything you need just steps away.
Heating Air conditioning Pool Terrace Garage Private condominium Roof terrace Walking distance to beach Central location.
On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.
2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)
The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.
3. On Completion
The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.