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Apartment block, Rua Salgueiro Maia

8400-242 Ferragudo

New Build Penthouse Apartment in Ferragudo

An amazing 2 bedroom penthouse apartment with 2 balconies, in a private condominium with 8 apartments, lush garden & communal swimming pool. The apartment is full of light & has a private roof terrace with shower room, W.C & summer kitchen. In the basement there are 2 parking spaces which can be boxed in & private storage. The apartment has 2 double bedrooms, family bathroom, guest W.C & spacious living/dining area with open kitchen, fully fitted & equipped with top of the range integrated appliances.

Mia Heinonen

Mia Heinonen

English Finnish Portuguese
Sales Director
Habita Algarve
Selling price
Selling price
Living area
Living area
76.1 m²

Basic details

Listing number 647066
New construction Yes (Under construction)
Selling price €495,000
Rooms 3
Bedrooms 2
Bathrooms 1
Toilets 2
Living area 76.1 m²
Total area 160.8 m²
Area of other spaces 84.7 m²
Description of living spaces This stylish penthouse apartment has a large living/dining space with open kitchen at one end, fully fitted & equipped using state-of-the-art furnishings & top of the range appliances. There is a corridor leading to the 2 double bedrooms, family bathroom & guest W.C.
Description of other spaces There is a West facing balcony outside the living room & an East facing balcony shared between the 2 bedrooms. There is also a private roof terrace with shower, W.C & summer kitchen. In the basement there are 2 parking spaces which can be boxed in and a large private storage area. The apartment is in a private condominium with landscaped gardens & a South facing swimming pool.
Area description Ferragudo has a traditional charm. Historically known for its fishing, agriculture & fabric trade, this village is now a beautiful scenic tourist trap. With a lighthouse, castle & whitewashed houses with lacy chimneys, in narrow, cobbled streets leading to the riverside where you can get a water taxi to Portimão or relax in Praça Rainha Dona Leonor lined with bars, cafes & restaurants next to which is a landscaped garden with palm trees, shrubs, playground & wooden bridge crossing the canal.
Measurements verified No
Measurements based on Information given by owner
Floor 2
Residential floors 1
Condition New
Parking Garage, Parking garage
Is located on highest floor Yes
Features Air-conditioning, Double glazzed windows, Air source heat pump
Spaces Balcony: This apartment has a balcony facing East & 1 facing West
Roof terrace: There is a large private roof terrace
Swimming pool: There is a South facing swimming pool in the landscaped garden
Views Garden, Neighbourhood, Street, Nature
Storages Wardrobe, Basement storage base
Telecommunications Optical fibre internet
Floor surfaces Ceramic tile
Wall surfaces Paint
Bathroom surfaces Ceramic tile
Kitchen equipments Electric stove, Oven, Freezer refrigerator, Cabinetry, Kitchen hood, Dishwasher, Microwave, Washing machine
Bathroom equipments Shower, Bathtub, Sink, Mirror
Description Currently under construction, available by the end of 2023, this stunning penthouse apartment is set in landscaped gardens with communal swimming pool.
Additional information With clean lines & open spaces, this stunning apartment is in an excellent location just 500m to 1 stunning beach & 750m to another. Also, just 500m to the village square packed with restaurants & small boutiques. This is a beautiful place on the banks of the river, to sit, relax & enjoy th Algarve lifestyle. There is a communal swimming pool in the landscaped gardens making this the ideal place for a family home, holiday apartment or as a rental opportunity.

Building and property details

Construction started 2022
Construction year 2023
Inauguration 2024
Floors 3
Lift Yes
Roof type Flat roof
Energy certificate class No energy certificate required by law
Heating Air-source heat pump
Common areas Storage, Swimming pool, Garage
Number of parking spaces 2
Terrain Slope
Road Yes
Land ownership Own
Planning situation Detailed plan
Municipality engineering Water, Sewer, Electricity


Shopping center 31.2 km, Algarve Shopping - Guia  
Grocery store 2.2 km, Lidl - Parchal
School 0.3 km, Escola Básica de Ferragudo
University 3.7 km, Universidade do Algarve - Portimão
Health center 4.7 km, Centro de Saúde de Portimão
Hospital 5.8 km, Centro Hospitalar Universitário do Algarve - Portimão
Restaurant 0.5 km, There are several cafes, bars and restaurants in the village square and the local vicinity
Park 5.7 km, Slide & Splash Waterpark - Estômbar  
Park 20.3 km, Zoomarine - Guia  
Park 16.6 km, Aqualand - Alcantarilha  
Golf 4 km, Gramacho Golf Resort - Carvoeiro
Golf 4.2 km, Vale de Pinta Golf Course - Estômbar
Golf 8 km, Alto Golf Course - Alvor
Golf 15 km, Penina Hotel & Golf Resosrt - Alvor
Golf 12.7 km, Silves Golf
Beach 0.5 km, Praia da Angrinha
Beach 0.8 km, Praia Grande

Public transportation access

Airport 65.5 km, Faro Airport  
Train 2.4 km, Ferragudo Train Station
Bus 0.2 km, Lines: 52 & 110


No fees.

Purchase costs

Transfer tax €27,522 (Estimate)
Property Transfer Tax (IMT)
Taxes 0.8 %
Stamp Duty Tax (Imposto de Selo)
Notary €500 (Estimate)
Registration fees €250 (Estimate)

This is how the buying of your property starts

  1. Fill out the short form and we will arrange a meeting
  2. Our representative will contact you without delay and arrage a meeting.
  3. We prepare a buying & payment plan

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