Olhão, Faro

Brand new 1-bedroom apartment with 57 sqm of gross private area, balcony, one parking space, in the new Saramago Condominium in Olho, Algarve. The apartment is equipped with air conditioning and video intercom. All apartments have outdoor areas, parking, access to the condominium's pool, gym, and 24-hour concierge service. The project offers an expected annual return of 5%.Located in the center of one of the newest tourist destinations in the Eastern Algarve, Olho has been standing out in recent years with increased real estate, tourism, and investment demand. The Saramago Condominium is situated next to the waterfront area of the city, surrounded by a wide range of shops and services. You can enjoy the best restaurants in town with a view of the Ria Formosa, or simply take a walk along the main avenue and enjoy the view of Olho's marina. It is a 2-minute drive from the Olhanense Fishermen's Garden, 3 minutes from the Olho Markets, Salinas, and Marina, 4 minutes from the Mother Church of Nossa Senhora do Rosrio and the Chapel of Nosso Senhor dos Aflitos, 6 minutes from the Maria Barroso Municipal Auditorium, 7 minutes from the Olho Embarkation Quays, 10 minutes from the Ria Formosa Natural Park in Olho, 15 minutes from Cavacos Beach, 18 minutes from Faro Beach, and 35 minutes from the Quinta de Cima Golf Course in Quinta da Ria. It is a 13-minute drive from Gago Coutinho Airport in Faro and a 2 and a half-hour drive from Lisbon.