3 Bed Penthouse for sale in Olhos de Agua, Albufeira, Portugal

This brand new three bed Penthouse is located in the heart of Olhos D'agua, just 100 meters to the Olhos D'agua beach and 250 meters to the Maria Luisa beach. The development consists of just 56 apartments with underground parking, pools and landscaped gardens. Due to the thermal and acoustic insulation systems that have been used the heating and cooling costs have been minimised, the materials used throughout the development are all used to help reduce the long term running costs. With only one 3 bed apartment in the development, demand is set to be high, With panoramic sea and pool views, this property is nothing but spectacular. With over 160 Sq Meters the property is more than Double the size of many of the local Apartments and will make a fantastic home or investment. As an investment this apartment is ideally located to maximise year round rentals, while still been in an area which is very residential and has an all year round appeal to it. Olhos de Agua is located just 5 minutes from Albufeira in the direction of Vilamoura, the former fishing village has become well known for its cuisine with many restaurants packed throughout the year, due to the high quality of food and good value for money. The town also has a large expat community ensuring that the town is lively throughout the year. All business remain open all year unlike many other European resorts, making this the ideal place to retire to, or just spend the winter months. On each end of the town you will find the 9 hole golf courses of Balaia and Pine Cliffs, which is one of the most scenic cliff top golf courses in the world. On the East Side the 4km long Falesia Beach stretches all the way to Vilamoura, while on the west, Sandy coves and Cliff top walks lead into Albufeira. In 2010 the main seafront area has been upgraded and pedestrianized making it the ideal place for an evening walk of morning coffee while you watch the waves gently lap against the shore.