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Apartment block, Rua Amelia Rey Colaço, Lote 93 & 94, Vale de Lagar, Bemposta

8500-818 Portimão, Bemposta

New Modern Apartment in Vale Lagar

This is a high quality, luxury apartment in a brand new building with a communal swimming pool & 2 private indoor parking spaces. Ready to move into in December 2024, this 3-bedroom, 2nd floor apartment has air-conditioning in all rooms & underfloor heating in both bathrooms. The kitchen is fully fitted & equipped with top-of-the-range BOSCH (or similar) appliances. The open plan living/dining area is bright & spacious leading to the large wrap around balcony, also accessible from all bedrooms.

Olivie Condominium - Vale Lagar

See development project details

Selling price
€470,000 ($497,053)
Rooms
4
Bedrooms
3
Bathrooms
2
Living area
1714.7 sq ft

Basic details

Listing number 655088
New construction Yes (Under construction)
Selling price €470,000 ($497,053)
Rooms 4
Bedrooms 3
Bathrooms 2
Living area 1714.7 sq ft
Total area 2427.8 sq ft
Area of other spaces 713.1 sq ft
Description of living spaces Luxurious, 2nd floor apartment with underfloor heating in both bathrooms & air-conditioning in all areas. This apartment has 3 double bedrooms with fitted wardrobes and en-suite facilities & dressing room area to the main, a spacious living area with open-plan fully fitted & equipped kitchen with BOSCH (or similar) appliances including, ceramic hob, fridge freezer, dish washer and washing machine. The entrance hall has a video intercom system & a guest bathroom.
Description of other spaces The apartment has a large wrap around balcony accessible from all bedrooms & the living area. There is an outdoor communal swimming pool, gymnasium & a parking hall with 2 private allocated parking spaces.
Area description Located in the area of Bemposta, set between the beautiful fishing village of Alvor, with whitewashed houses & a beautiful, serene & peaceful riverfront, boardwalk through the nature reserve with an abundance of exotic plants & animals & stunning beaches & the larger town of Portimão with a mix of the traditional old town with narrow cobbled streets full of unique boutiques & the larger shopping centres. Plus a fabulous riverfront, several squares with beautiful fountains & outdoor restaurants, theatres & museums. There is always something going on. Praia da Rocha is also just a 5 minute drive away with a casino, nightclub & fabulous beaches.
Measurements verified No
Measurements based on Information given by owner
Floor 2
Residential floors 1
Condition New
Parking Parking space, Parking garage
Is located on ground level Yes
Features Air-conditioning
Spaces Terrace: There is a large wrap around terrace accessible from the living area & all bedrooms
Swimming pool: There is a communal swimming pool
Storages Wardrobe
Floor surfaces Ceramic tile
Wall surfaces Paint
Bathroom surfaces Ceramic tile
Kitchen equipments Oven, Ceramic stove, Freezer refrigerator, Cabinetry, Kitchen hood, Dishwasher, Microwave, Washing machine
Bathroom equipments Shower, Underfloor heating, Sink, Toilet seat, Mirror
Description Brand new apartment with modern architecture and finishings of luxury, built using high quality materials and fitted with top-of-the-range brands.
Additional information This is in an excellent location close to Alvor, Praia do Vau, Praia da Rocha and Portimão. The ideal place to set up a family home as there are several schools & playgrounds in the local area, as well as shops, restaurants & other local amenities.. Also an excellent investment opportunity.

Building and property details

Construction year 2024
Inauguration 2024
Floors 4
Lift Yes
Roof type Flat roof
Ventilation Mechanical ventilation
Foundation Reinforced concrete
Energy certificate class A
Heating Solar heating, Underfloor heating
Building materials Concrete
Roof materials Concrete tile
Common areas Gym, Swimming pool, Parking hall
Number of buildings 2
Terrain Flat
Road Yes
Land ownership Own
Planning situation Detailed plan
Municipality engineering Water, Sewer, Electricity, Gas

Energy certificate class

A

Services

Shopping center 1.9 mi, Centro Comercial Continente - Portimão

https://www.ccportimao.net/  
Shopping center 1.4 mi, Aqua Shopping Centre - Portimão

https://aqua-portimao.klepierre.pt/  
Grocery store 1.4 mi, Intermarché - Alvor
 
Grocery store 1.7 mi, Aldi & Lidl - Portimão
 
Grocery store 0.3 mi, Coviran
 
School 0.6 mi, Escola Básica Júdice Fialho
 
School 0.7 mi, Escola Básica da Pedra Mourinha
 
School 0.8 mi, Escola Básica e Secundaria da Bemposta
 
Playground 0.3 mi, Parque Municipal da Pedra Mourinha
 
Health club There is a gym in the apartment building
 
Health center 1.6 mi, Centro de Saúde de Portimão
 
Hospital 2.4 mi, Hospital de Portimão
 
Hospital 1.7 mi, Hospital Particular do Algarve - Alvor
 
Restaurant 0.4 mi, There are several cafes, snack bars & restaurants in the local vicinity
 
Park 7 mi, Slide & Splash Waterpark - Estômbar

https://www.slidesplash.com/  
Park 18.6 mi, Zoomarine Waterpark - Guia

https://www.zoomarine.pt/en/  
Park 14.5 mi, Aqualand Waterpark - Alcantarilha

https://www.aqualand.pt/  
Park 22.2 mi, Krazy World Waterpark & Zoo - Algoz

https://krazyworld.com/homepage  
Tennis 2.1 mi, Clube Ténis e Padel de Portimão
 
Golf 1.6 mi, Alto Golf Course - Alvor
 
Golf 2.4 mi, Penina Hotel & Golf Resort - Alvor
 
Golf 5.9 mi, Gramacho & Vale de Pinta Golf Courses
 
Golf 9 mi, Vale do Milho Golf Course
 
Golf 11.7 mi, Silves Golf
 
Beach 3 mi, Praia de Alvor
 
Beach 2.5 mi, Praia dos Três Irmãos
 
Beach 2.3 mi, Praia do Vau
 
Beach 2.1 mi, Praia da Alemão
 
Shopping center 19.8 mi, Algarve Shopping - Guia

https://www.algarveshopping.pt/  

Public transportation access

Airport 44.6 mi, Faro Airport

https://www.aeroportofaro.pt/pt/fao/home  
Train 1.8 mi, Portimão Train Station
 
Bus 0.4 mi, Lines: 12, 34 & 38
 

Fees

No fees.

Purchase costs

Taxes 0.8 %
Stamp Duty Tax (Imposto de Selo)
Notary €500 ($529) (Estimate)
Registration fees €250 ($264) (Estimate)
Transfer tax €25,038 ($26,479) (Estimate)
Property Transfer Tax (IMT)

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