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Flat 149 м² in Olhão, Portugal

622 490 $

4 177 $ /м²

4OiOh
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Area

149 м2

Bedrooms

3

Bathrooms

3

Apartment in Faro. City - Oljan

There is a property that just meets expectations. And there is real estate that changes the way of life.

This modern 3 bedroom apartment, built in 2023, with a total area of 198.8 m2, located in Moncarapashu, is ideal for those who appreciate peace and quiet, offering a real rest after a working day or leisure.

Modern architecture, clean lines and high quality finishes create a refined, functional and naturally cozy atmosphere. The open-plan kitchen, combined with the living area, enhances the feeling of spaciousness, making each room more comfortable and harmonious.

The rhythm of life is different. More calm. More private. More relevant to what is really important.

The apartment includes:

- Elevator;
2 parking spaces in the garage;
- Modern construction with an emphasis on energy efficiency;
- Thermal insulation and acoustic comfort, ensuring prosperity all year round.

Moncarapashu is known for its calm and authentic Algarve atmosphere, away from the hustle and bustle of tourism, but at the same time close to everything necessary, allowing you to live with maximum privacy and excellent accessibility. In just a few minutes you can reach the beaches, the main roads, the airport and all the necessary services.

Strategic location:

- 600 m to Moncarapashu centre;
- 750 m to supermarkets;
- from 850 m to 2 km to schools;
- 1.7 km to Ollana Medical Center (Moncarapashu branch);
- 3 km to the A22 motorway;
- 7 km to Fuzeta beach;
- 9.3 km to Hospital de Luz;
- 15 km to Olhán (departure to Barreira);
- 17 km to Tavira Island (fast access by ferry);
- 23 km to Faro International Airport.

A modern apartment in an increasingly sought-after area, ideal for enjoying the Algarve with comfort, authenticity and privacy.
Energy consumption class: A+
#ref:0462/26

Services and facilities

Private beach
Lift
Garage/parking

Additional details

Property type

Residential Properties

Object type

Flat

Price

622 490 $

Characteristics

Private beach
Lift
Garage/parking

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Olhão; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Portugal finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Portugal takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Olhão short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (622 490 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Olhão: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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