Luxury Penthouse in Olhão with Ria Formosa Views
Price on request
Description
Brand-new penthouse with panoramic terrace, 2 suites, private garage and access to 4 pools and gym. Exclusive condo, ideal for living, holidays or investment.
We present this brand-new luxury penthouse in Olhão, set within an outstanding private condominium, designed to offer a sophisticated and exclusive lifestyle in the heart of the Algarve. With breathtaking views over the Ria Formosa, the marina, and the islands, this property combines contemporary elegance, absolute comfort, and strong appreciation potential.
Ideal as a main residence, a premium holiday home, or a high-yield real estate investment, this penthouse stands out for its prime location and superior quality.
✦ Key Features
- Brand-new penthouse with modern design and high-quality finishes
- Located in an exclusive condominium with premium infrastructure
- Panoramic views over the Ria Formosa, marina, and the islands of Olhão
- High potential for appreciation and profitability in the Algarve market
✦ Interior Spaces
- Spacious open-plan living area with excellent natural light
- Seamless connection between living, dining, and outdoor areas
- Fully equipped kitchen with top-of-the-line appliances
- 2 spacious en-suite bedrooms, ensuring comfort and privacy
- Guest bathroom with contemporary finishes
- Elegant interiors designed for functionality and well-being
✦ Outdoor & Leisure
- Private terrace with unique panoramic views
- Ideal space for al fresco dining and leisure moments
- Private garage box, ensuring security and convenience
- Access to 4 condominium pools, including a heated pool
- Panoramic gym with inspiring views over the Ria Formosa
✦ Premium Location
Located in one of the most sought-after areas of Olhão, this property benefits from proximity to:
- Olhão Marina and waterfront promenade
- Traditional markets and renowned restaurants
- Paradise islands of the Ria Formosa (Armona, Culatra, and Farol)
- Local shops, services, and boutique cafés
- Excellent access and connection to Faro Airport
✦ Investment Potential
- Rare property with sea and Ria Formosa views
- Strong demand for tourist and short-term rentals
- Established location with increasing value
- Exclusive product in a premium segment with limited supply
✦ A Unique Lifestyle in the Algarve
This penthouse represents the perfect balance between luxury, location, and Mediterranean lifestyle, offering a unique residential experience close to nature and the sea.
Schedule your private viewing with Engel & Völkers and discover an exclusive opportunity to acquire an outstanding property in Olhão, where every detail has been designed to elevate your everyday life.
Air-conditioningBalconyBuilt-in kitchenGarageSea/Lake viewSecurity systemSwimming poolWaterfrontElevatorBuilt in wardrobeGymOpen viewCovered parking
Property details
Object type
Penthouse
Rooms
3
Bedrooms
2
Bathrooms
3
Floor
4
Garages
1
Parking spaces
1
Total surface
~237 m²
Flooring
Laminate, Tiles
Building Restrictions
None
Energy efficiency information
Construction year
2024
Energy efficiency class
A
Energy certificate available
Yes
Energy certificate type
Demand certificate
Energy source
Electric heating, Heat pump
Location: Olhão, Faro District
Just moments from the vibrant Olhão Marina and the iconic Ria Formosa, these elegant apartments at Delmar Waterfront offer an exceptional opportunity to enjoy a sophisticated coastal lifestyle in one of the Algarve’s most authentic and evolving destinations. Combining modern design with a rich maritime heritage, this development is ideal both for permanent living and for investment. ✦ Development Overview - Contemporary apartments in the highly sought-after Delmar Waterfront development - Prime location next to Olhão Marina and the waterfront promenade - Designed to maximize natural light, comfort, and functionality - Ideal as a main residence, holiday home, or rental property - Strong appeal in a growing real estate market with international recognition ✦ Lifestyle and Surroundings - Set in a city with deep-rooted fishing traditions and cultural authenticity - Direct access to Ria Formosa, one of Portugal’s most protected natural reserves - Daily ferry and water-taxi connections to the islands of Armona, Culatra, and Farol - A unique blend of local charm and modern coastal living ✦ Gastronomy and Local Culture - Renowned for fresh, locally sourced fish and seafood - Home to Olhão’s famous fish market and traditional open-air markets - Growing selection of fine-dining restaurants and boutique venues - Increasingly sought after by creatives and artists who are setting up studios in the area ✦ Accessibility and Connectivity - Approximately 20 minutes from Faro International Airport - Easy access to the A22 (Via do Infante) for regional travel - Only a 10-minute drive from Colina Verde Golf Course - Good public transport, including train and bus services ✦ Amenities and Infrastructure - Wide range of nearby everyday services and facilities: - Public and private schools - Olhão International Clinic - Ria Shopping mall - Pharmacies, banks, and essential services - Police, sports facilities, and a public swimming pool ✦ Investment Potential and Lifestyle - Located in a highly sought-after Algarve municipality with growing international appeal - Excellent potential for short-term rentals and long-term capital appreciation - Well-balanced offering of lifestyle, accessibility, and urban convenience - An attractive opportunity in a market known for stability and value retention These apartments at Delmar Waterfront represent a rare opportunity to secure a contemporary home in a dynamic coastal city, where authenticity meets modern living.
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Engel & Völkers Faro-Tavira
Provider:
João Agualusa & Elisa Ferreira, Lda.
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