New

Luxury Penthouse with Huge Balconies, Roof Terrace with Jacuzzi, Pool and Gym

€729,000
  • 4 Rooms
  • 3 Bedrooms
  • 2 Bathrooms
  • ~274 m² Total surface
  • ~159 m² Living area
  • Completion expected September 2026

Description

Located in Portimão, this modern penthouse, completed in 2025, offers 159.3 m² of living space within a total area of 273.51 m². The property comprises three bedrooms and two bathrooms, including a spacious master bathroom, together with covered parking for two cars.

The penthouse has been designed with a focus on light, comfort and practicality. Tiled floors, built-in cupboards and an accessible layout create a modern and easy-to-maintain home. The exceptionally large balconies provide generous outdoor space and can be used for dining, entertaining or simply enjoying the Algarve climate. With its northeast-to-west orientation and open views, the property benefits from plenty of natural light throughout the day.

Residents also have access to a range of shared facilities, including a swimming pool, gym and a rooftop terrace with a jacuzzi. The penthouse is equipped with air-conditioning that also provides heating, underfloor heating in the bathrooms, ensuring comfortable temperatures throughout the year. A fully equipped kitchen with Bosch appliances, guest toilet and lift add to the practicality of everyday living, while wheelchair-friendly features, electronic gates and a safety entrance door with triple locking provide additional convenience and security.

With its generous proportions, contemporary design, penthouse position, exceptionally large balconies and attractive communal facilities, this property offers a comfortable and well-equipped home in Portimão. The possibility of acquiring it through the existing company structure provides an additional option that may be of particular interest to buyers considering the property as an investment.

Features
Air-conditioningBalconyBuilt-in kitchenPatioSecurity systemSwimming poolTerraceElevatorBuilt in wardrobeGuest toiletGymJacuzziOpen viewFurnishedWheelchair accessibleCovered parking
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Engel & Völkers Portimão

Your advisor: Evert Boersma

Property ID: W-04B3JR

Property details
  • Object type

    Flat

  • Rooms

    4

  • Bedrooms

    3

  • Bathrooms

    2

  • Floor

    3

  • Number of Floors

    1

  • Parking spaces

    2

  • Total surface

    ~274 m²

  • Living area

    ~159 m²

  • Usable surface

    ~114 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    2025

  • Energy efficiency class

    A

  • Energy certificate available

    Yes

  • Energy source

    Central heating

Location: Portimão, Faro District

Portimão is one of the Algarve’s largest and most established towns, situated along the Arade River and close to some of the region’s best-known beaches. The town combines a lively atmosphere and extensive everyday amenities with easy access to the coastline, marina and surrounding countryside.

The penthouse is located in a convenient part of Portimão, within easy reach of shops, cafés, restaurants, supermarkets and other everyday services. The town centre and riverside area offer a wide choice of local amenities, while the waterfront provides a pleasant setting for walks and outdoor activities.

One of Portimão’s main attractions is its proximity to the coast. Praia da Rocha, with its long sandy beach, dramatic cliffs and lively waterfront, is only a few minutes away by car. The quieter Praia do Vau and Praia dos Três Irmãos are also close by, while the coastline towards Alvor offers further beaches, walking routes and natural landscapes.

The historic town of Alvor is approximately 10–15 minutes away by car and is known for its traditional streets, waterfront and extensive coastal boardwalk through the Ria de Alvor nature reserve. To the east, the neighbouring towns of Lagoa and Carvoeiro can be reached within approximately 15–20 minutes, providing access to further beaches, restaurants and attractions.

Portimão also offers a wide range of facilities, including schools, healthcare, supermarkets, shopping areas, sports facilities and cultural venues. The Aqua Portimão shopping centre and the retail areas around the town provide convenient access to a broad selection of shops and services.

The surrounding area is also well suited to those who enjoy golf and wine. Several established golf courses are located within approximately 15–25 minutes of Portimão, including courses around Alvor, Carvoeiro and Lagoa. The nearby countryside is home to a number of vineyards and wine producers, particularly in the areas around Lagoa and the Arade Valley, offering opportunities to discover the region’s local wines and agricultural heritage.

The location provides good connections to the wider region. Lagos can be reached in approximately 25 minutes by car, while Faro International Airport is around 55–60 minutes away. The A22 motorway provides convenient access to the eastern Algarve and the rest of the region.

Portimão offers a practical combination of town life, coastal living and accessibility. With its beaches, marina, riverside setting, golf courses, vineyards and extensive amenities, as well as its proximity to other parts of the Algarve, it provides a convenient base both for permanent living and for enjoying the region as a second home.

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