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Global Properties

2 bedrooms House in Olhao, Portugal No. 1529

$ 264 375
2 Rooms
2 Bedrooms
Olhao, Portugal
Parameters
Rooms
2
Bedrooms
2
ID
1529
Type
House
Property description
Superb 2 Bedroom House in Algarve Portugal

Euroresales Property iD - 9825023

Property information:

This property is an excellent 2-bedroom house situated in Olhao, Algarve, Portugal.

The property includes 2 bedrooms, 2 bathrooms, lounge, kitchen, balcony and a private open terrace area on the rooftop.

The property is being sold as semi-furnished and equipped throughout including the domestic appliances.

The house has a total overall floor size of 50 square metres and offers beautiful views of the nearby hills and glimpses of the sea.


The property could be used either as a holiday home or as a permanent residence.

A superb opportunity for those interested in owning property in this superb area within Algarve, Portugal.

Algarve features a warm-summer mediterranean climate, with influences of an oceanic climate. Temperatures in the summer months range between 24-29°C and in the winter months drop to between 4-7°C.

About the Area:

The Algarve is the southernmost region of continental Portugal. it has an area of 4,997 km2 with 451,006 permanent inhabitants, and incorporates 16 municipalities.

The region has as its administrative centre in the city of Faro, where both the region's international airport (FAO) and public university, the University of Algarve, are located.

Tourism and related activities are extensive and make up the bulk of the Algarve's summer economy.

Production of food, which includes fish and other seafood, different types of fruit such as oranges, figs, plums, carob beans, and almonds, is also economically important in the region.

Olhao has the best fish and vegetable market in the region and a thriving art scene. Ferry's also run regularly (3 mins walk from house) to the deserted islands of Culatra ,Farol and Armona in the Ria Rormosa.

The Algarve covers 4997 km2, extending just south of the Tagus valley to the southern coast of the iberian Peninsula. its highest point is Foia, 902m, in the mountain range of Monchique.

it also includes some islands and islets. The region is also the home of the Ria Formosa Lagoon, a nature reserve of over 170 km2 and a stopping place for hundreds of different species of birds.

The length of the south-facing coastline is roughly 155 km. Beyond the westernmost point of Cape St. Vincent it stretches a further 50 km to the north. The coastline is notable for picturesque limestone caves and grottoes, particularly around Lagos, which are accessible by powerboat.

The Algarve is still, overall, considered to be the biggest and most important Portuguese tourist region, having received an estimated total of 7.1 million tourists in 2017.

its population triples in the peak holiday season due to seasonal residents. The Algarve is also increasingly sought after, mostly by central and northern Europeans, as a permanent place to settle.

A 2016 American-based study concluded that the Algarve was the world's best place to retire.
Features
Location
  • Beautiful view
Features
  • Balcony
  • Terrace
  • Furnished
Statistics Olhao
$ 4 641
Price per m²
162
Quality of Life Index
51
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 163
2-Room Apartment
$ 934
Apartment Purchase Price per m²
In the City Center
$ 4 641
Outside the City Center
$ 3 571
Crime Index
30
Cost of Living and Rent Index
41
Purchasing Power Index
69
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
28
Health Care Index
54
Groceries Index
48
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
46
Climate Index
98
Cost of Living Index
51
Quality of Life Index
162
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 14.13
Meal for 2 People, Mid-range Restaurant, Three-course
$ 42.38
McMeal at McDonalds (or Equivalent Combo Meal)
$ 12.36
Domestic Beer (0.5 liter draught)
$ 2.35
Imported Beer (0.33 liter bottle)
$ 2.35
Coke/Pepsi (0.33 liter bottle)
$ 2.35
Water (0.33 liter bottle)
$ 1.65
Cappuccino (regular)
$ 2.00
Markets
Milk (regular), (1 liter)
$ 1.20
Loaf of Fresh White Bread (500g)
$ 1.56
Eggs (regular) (12)
$ 3.39
Local Cheese (1kg)
$ 14.57
Water (1.5 liter bottle)
$ 1.25
Bottle of Wine (Mid-Range)
$ 5.30
Domestic Beer (0.5 liter bottle)
$ 0.98
Imported Beer (0.33 liter bottle)
$ 3.09
Cigarettes 20 Pack (Marlboro)
$ 6.71
Apples (1kg)
$ 2.68
Chicken Fillets (1kg)
$ 6.38
Oranges (1kg)
$ 1.62
Potato (1kg)
$ 1.52
Lettuce (1 head)
$ 1.46
Rice (white), (1kg)
$ 1.86
Tomato (1kg)
$ 2.70
Banana (1kg)
$ 1.35
Onion (1kg)
$ 2.56
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.43
Transportation
One-way Ticket (Local Transport)
$ 3.53
Monthly Pass (Regular Price)
$ 43.56
Gasoline (1 liter)
$ 2.01
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 371
Taxi Start (Normal Tariff)
$ 3.89
Taxi 1km (Normal Tariff)
$ 1.18
Taxi 1hour Waiting (Normal Tariff)
$ 22.37
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 40 331
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 142
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 36.50
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.46
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 435
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.74
Tennis Court Rent (1 Hour on Weekend)
$ 22.37
Cinema, International Release, 1 Seat
$ 11.77
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 74.56
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 39.74
1 Pair of Nike Running Shoes (Mid-Range)
$ 110
1 Pair of Men Leather Business Shoes
$ 108
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 482
International Primary School, Yearly for 1 Child
$ 12 766
Contact seller
Contact seller

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