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Modern Apartment T4 in the condominium "Terraços do Rio"

€ 450,000 £ 397,190 $ 536,603

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New apartment T4 with 228 m², in a condominium with pool and garage in a box. 4 bedrooms, 2 of which en-suite, 1 closet, 2 more WCs, large living room communicating with balcony of 33 m², small dining room attached to the fully equipped kitchen and air conditioning. Quality construction, furnished, spacious and functional. Located in the riverside area of Portimão between bridges, with a privileged view of the river, solar exposure to east and south.

This condominium "Terraços do Rio" was built on the site of an old fish cannery, which keeps the factory chimney in brick, giving the architectural touch that stands out from a set of connecting streets between the 3 apartment blocks. The security perimeter of the condominium allows the use of its outdoor spaces where a swimming pool fits, with all freedom and relaxation, as a zone of leisure and socializing among neighbors, composing these a heterogeneous group with 27 different nationalities.

This apartment can be used as a main or holiday home, it is a good investment for those who want to monetize a secure property.

Key information

Reference: PPSS2906

Apartment

Portimao, Western Algarve

4 bedrooms

4 bathrooms

Private ownership

Built in: 2016

228m2 build size

€ 1,974 £ 1,742 $ 2,353 / m2 build

Features

  • Pool
  • Air conditioning
  • Garden
  • Furnished
  • Heating
  • Garage
  • Underground Parking
  • Terrace/Balcony
  • Covered dining area
  • Storage room
  • Spacious

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

The location: Portimao

Portimão is the second largest city in the Algarve. Located on the bank of the Arade river facing Ferragudo on the opposite bank. Portimão's Atlantic beach of Praia da Rocha has, over the years, become a resort in it's own right with lots of hotels and apartments, restaurants and bars, discos and clubs and shops.

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Yours sincerely,
Andreia Leite

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Ask the Expert: Currency Exchange

Sarah Monaghan is a foreign currency exchange specialist working for Smart Currency Exchange in Portugal. If you have a question relating to foreign currency exchange, complete the form below and Sarah will get back to you.

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Francisco Salgueiro is a property law expert working for Edge International Lawyers in Portugal. If you have a question relating to Portuguese property law, complete the form below and Francisco will get back to you.

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