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Global Properties

2 bedrooms Apartment in Olhao, Portugal No. 306395

$ 551 808
$ 3 914 per m²
2 Bedrooms
2 Bathrooms
141 Living space, m²
Olhao, Portugal
Parameters
Bedrooms
2
Bathrooms
2
Living space, m²
141
ID
306395
Type
Apartment
Property description
Looking for a stylish holiday home by the sea? A solid investment with great rental returns? Or maybe an amazing spot in Eastern Algarve to live all year-round, close to the charm of a traditional Portuguese village? This apartment in Fuseta ticks all the boxes.

Almost on the frontline, just steps from the Ria Formosa, this modern and bright apartment offers breathtaking sea views, a private rooftop terrace with jacuzzi, access to a communal pool and a location that’s hard to beat. Whether you're unwinding on your terrace, strolling into the village for a coffee, or heading to the beach, everything is right on your doorstep.

Inside, you’ll find a beautifully finished space with loads of natural light, a fully equipped kitchen, and an open-plan living area that’s as practical as it is comfortable. The apartment is located on the second floor, accessible by stairs, and comprises 2 bedrooms, with french balconies, and 2 bathrooms. From the living you have access to the balcony which is southfacing.
There is also access to the private rooftop terrace through the internal staircase in the living room.

On both floors of the apartment, both inside as well as outside the apartments boosts amazing views over the Atlantic Ocean, Fuseta beach and the Ria Formosa Natural Park. The apartment is sold fully furnished, has access to fibre internet and TV, and comprises Climat Control AC (airconditioning). The double glazing windows are fitted with UV protection film which provides privacy and reduction of heat. The rooftop terrace has an outside kitchen, covered area, and a jacuzzi. Making this the perfect for holidays, working remotely, rental investment or settling in permanently.

The apartment already has a registered and transferrable Alojamento Local (AL) rental license and boasts around 90% occupancy over the past three years, it’s the perfect turnkey rental investment with an excellent track record. Want to enjoy it yourself and rent it out when you're not using it? Great option; you can do the rentals yourself or choose a rental agency who will do this for you. Do you prefer to live here full-time and soak in the Algarve lifestyle? That is also perfect for this unique apartment.

Located in a well maintained condominium with newly painted inside communal areas and outside walls. Condominium fee is € 30,80 per month. If you want to make use of the pool a yearly fee is paid which comes down to € 48,92 per month which gives you full pool access. There is free street parking in front of the building including an electric loading station.

This welcoming village features schools, playgrounds, and two beaches—one directly in the village and on the island, accessible by a 10-minute ferry ride. You'll also discover shops, supermarkets, cafes, and, importantly, two train stations for exploring the (beautiful) Algarve region.

Fuseta is one of the Algarve’s best-kept secrets: a laid-back fishing village with authentic charm, ferry boats to sandy islands, local markets, and delicious seafood. And this apartment puts you within walking distance of it all. Fuseta also offers a beach and access to public transport. The location is perfect to explore the Algarve and make all kind of trips to Faro, Olhão, Tavira and the Islands Armona, Deserta, Culatra and Farol. Be amazed by the surroundings, the local markets, salt production and nature reserves by foot, bicycle and / or boat. Even places like Quinta do Lago, Vila Moura and towards Spain: Vila Real de San Antonio, are only max. 40 kms away.

Enjoy nature? Fuseta is the hart of the Ria Formosa Natural Parc: The Ria Formosa is a beautiful lagune composed of canals, sandbanks, swamps, dunes, fresh water lagoons, tidal flats and islets, peninsulas and islands, 60 kms wide, with special flora and fauna, fantastic for walking and cycling.
Whether you're dreaming of sun-soaked holidays, a smart rental investment, or a forever home by the sea—this is a rare find.

 Get in touch today to arrange a viewingse to achieve your dream! Sea views, a rooftop jacuzzi, and the best of Fuseta are waiting for you.
REF: SAP2422
Features
Features
  • Balcony
  • Terrace
  • Furnished
  • Rental license
Outdoor features
  • Car park
  • Swimming pool
Statistics Olhao
$ 4 575
Price per m²
166
Quality of Life Index
49
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 059
2-Room Apartment
$ 923
Apartment Purchase Price per m²
In the City Center
$ 4 575
Outside the City Center
$ 3 521
Crime Index
30
Cost of Living and Rent Index
38
Purchasing Power Index
77
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
24
Health Care Index
54
Groceries Index
47
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
45
Climate Index
98
Cost of Living Index
49
Quality of Life Index
166
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 13.93
Meal for 2 People, Mid-range Restaurant, Three-course
$ 41.79
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.61
Domestic Beer (0.5 liter draught)
$ 2.90
Imported Beer (0.33 liter bottle)
$ 2.32
Coke/Pepsi (0.33 liter bottle)
$ 2.32
Water (0.33 liter bottle)
$ 1.62
Cappuccino (regular)
$ 1.89
Markets
Milk (regular), (1 liter)
$ 1.07
Loaf of Fresh White Bread (500g)
$ 1.54
Eggs (regular) (12)
$ 3.48
Local Cheese (1kg)
$ 14.37
Water (1.5 liter bottle)
$ 1.24
Bottle of Wine (Mid-Range)
$ 5.22
Domestic Beer (0.5 liter bottle)
$ 0.97
Imported Beer (0.33 liter bottle)
$ 3.05
Cigarettes 20 Pack (Marlboro)
$ 6.62
Apples (1kg)
$ 2.64
Chicken Fillets (1kg)
$ 6.29
Oranges (1kg)
$ 1.60
Potato (1kg)
$ 3.22
Lettuce (1 head)
$ 1.44
Rice (white), (1kg)
$ 1.83
Tomato (1kg)
$ 2.66
Banana (1kg)
$ 1.33
Onion (1kg)
$ 2.52
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.27
Transportation
One-way Ticket (Local Transport)
$ 3.48
Monthly Pass (Regular Price)
$ 42.95
Gasoline (1 liter)
$ 2.02
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 871
Taxi Start (Normal Tariff)
$ 3.83
Taxi 1km (Normal Tariff)
$ 1.16
Taxi 1hour Waiting (Normal Tariff)
$ 22.05
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 545
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 144
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 37.84
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.31
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 451
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.11
Tennis Court Rent (1 Hour on Weekend)
$ 22.05
Cinema, International Release, 1 Seat
$ 11.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 73.51
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 45.85
1 Pair of Nike Running Shoes (Mid-Range)
$ 109
1 Pair of Men Leather Business Shoes
$ 106
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 475
International Primary School, Yearly for 1 Child
$ 12 586
Contact seller
Contact seller

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