Engel & Völkers
Bright living room with beige sectional sofa, marble coffee table, TV, and balcony with ocean view.

Magnificent PentHouse Duplex in the centre of Portimão

€634,000
  • 6 Rooms
  • 5 Bedrooms
  • 5 Bathrooms
  • ~197.22 m² Total surface
  • ~182 m² Living area
  • ~148 m² Terrace surface

Description

This exceptional Penthouse offers not only a luxurious and spacious living environment but also a unique opportunity to create a dedicated business space - such as a wellness studio or home office - thanks to its two separate entrances. One of the entrances opens directly into a distinct area that can be easily adapted to welcome clients privately, without impacting the main living quarters. Located on the 7th and 8th floors of Plot 18 in the sought-after Quinta da Malata, this expansive duplex spans 197 m² of well-designed interior space. Originally featuring 4 bedrooms on the lower level (now converted to 3 to accommodate a grand master suite), the upper floor boasts a bright dining area, cozy living room, fully equipped kitchen, and guest toilet. All these spaces open onto a vast, wrap-around 148 m2 terrace, offering panoramic 360-degree views. The enormous terrace is ideal for outdoor living, with a two-bottle gas BBQ, a compact outdoor kitchen, and two stylish sail-type awnings that provide shade for alfresco dining, Algarve-style. The outdoor space can also be easily compartmentalised into calm havens - perfect for reading, yoga, quiet conversation, or simply relaxing in peace, surrounded by the panoramic city and mountain views. Additionally, the property features a separate annex accessed from the terrace on the 8th floor - a self-contained studio apartment ideal for guests or family, offering full privacy and comfort. In total, there are 5 WCs (4 of which are full bathrooms). The Penthouse includes several features such as 6 SAMSUNG TVs, a wine cabinet, and three large electric awnings with wind sensors. Decoration items and objects of sentimental value have already been taken away. An exceptional bonus is the private garage box (Autonomous Fraction of Plot 20, directly opposite the building) offering 37.56 m² of ground-floor space - enough for two cars and abundant storage. The current owner is including a range of power tools, an electric bicycle, and built-in shelving. The garage is also Wi-Fi enabled. Both the Penthouse and garage are equipped with a video surveillance system that can be monitored remotely. Air conditioning units are likewise remotely controlled, and the entire property is immaculately maintained. Additional Details • Condominium fee: approx. €90/month for the Penthouse, €4/month for the garage • IMI: €686.71/year for the Penthouse, €53.06/year for the garage box This remarkable property is ideal for anyone seeking a luxurious lifestyle combined with the flexibility to run a professional space from home - all in the vibrant heart of Portimão.
Features
Air-conditioningBalconyBuilt-in kitchenGarageSecurity systemTerraceBuilt in wardrobeOpen viewFurnishedSenior oriented
engel & völkers shop image

Engel & Völkers Portimão

Your advisor: Nuno Fernandes

Property ID: W-030I7S

Property details
  • Object type

    Penthouse

  • Condition

    Very good

  • Rooms

    6

  • Bedrooms

    5

  • Bathrooms

    5

  • Floor

    7

  • Number of Floors

    2

  • Garages

    1

  • Parking spaces

    2

  • Total surface

    ~197.22 m²

  • Living area

    ~182 m²

  • Terrace surface

    ~148 m²

  • Usable surface

    ~182 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    2018

  • Energy efficiency class

    B

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

Location: Portimão, Faro District

With an absolutely privileged location, everything is within walking distance of this PentHouse in Quinta da Malata: whether you're shopping for groceries, enjoying a meal of international cuisine, shopping for clothes or shoes or going to the cinema, Portimão's well-known CONTINENTE Shopping Centre is just across the road. This is the best example of a modern, uncluttered lifestyle, full of comfort and where you don't need a car because everything is around you. Portimão, the second largest city in the Algarve and the capital of Barlavento, was traditionally a centre for shipbuilding, sardine fishing and fish processing. It has everything to offer: shops, restaurants and services. The PentHouse is within walking distance of all amenities, most notably the traditional Portuguese restaurants, known for serving the best grilled fish in the whole of the Algarve and for holding Portimão's famous ‘Sardine Festival’, very close to the vibrant riverside life and in the heart of the central/west Algarve. The emblematic Praia da Rocha, just a few minutes' walk away, is one of the Algarve's most popular resorts and boasts a vast expanse of pristine golden sand (1.5 kilometres), crystal-clear waters that reflect myriad shades of blue and is surrounded by an idyllic landscape, with the whimsical rocks that give it its name. Down on the beach, enjoy a stroll along the wooden paths laid out along the sand. Next to them, you'll find a variety of bars and restaurants and even an area reserved for beach sports, especially the venue for the 12 teams that will be playing simultaneously in the Mundialito and the second stage of the LEFP - European Beach Soccer League. Up here, along the avenue pier and down to the Portimão Marina, you'll find a wide variety of accommodation, restaurants and bars, most with terrace areas and outdoor tables, discos and a casino. You'll be pleasantly surprised by the fabulous panoramic view of the coastline, enjoyed to the east from the fortress of Santa Catarina de Ribamar, built in 1633 under the reign of King Filipe III (King Filipe IV of Spain), on the proposal of the Italian engineer Alexandre Massai, to defend the bar of the River Arade, and to the west from the promontory of the Three Castles. The natural landscape is breathtaking. Distances (in kilometres and by car) from Portimão to: - Ferragudo - 5.5 km (approx. 12 min.) - Alvor - 5.8 km (approx. 11 min.) - Lagos - 30.4 km (approx. 30 min. - A22) - FAO - Faro International Airport - 65.8 km (approx. 47 min. - A22)

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