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Apartment

Apartment of 129 m² in Olhão

Quelfes, Olhão, Faro

Price and sale terms

Current bid €250,000 Ends in 19 days
Base value
€145,274.17
Opening value
€72,637.09
Minimum value
€123,483.04
Status
Private negotiation
Sale type
Private negotiation
Origin
Official portals

Property details

Property type
Apartment
Subtype
Apartment
Total area
177 m²
Usable area
129 m²
Price per m²
€1,943/m² (usable area)
Parish
Quelfes
Property situation Occupied

Encumbrances and limitations

  • Lease

    Mais se informa, que foi junto aos autos um contrato de arrendamento celebrado em 20/12/2020, pelo prazo de 25 (vinte e cinco) anos, renovável automaticamente por iguais e sucessivos períodos.

As stated in the listing. Not legal advice: always confirm with the entity that publishes the sale.

Description

Three-bedroom apartment located on the third floor, block D, in the Peares area of Quelfes parish, Olhão municipality. The property includes a cellar storage room and one parking space. It features an entrance hall, living room with balcony, three bedrooms (one en-suite), kitchen, and bathroom. The unit is in reasonable condition but shows signs of dampness on walls, ceilings, and the porch, with reported leaks to the lower floor. Stated areas are for reference only.

How much could this purchase cost?

An estimate of acquisition costs, computed with the tax rules in force. Adjust the values to your case.

  • Price €250,000
  • IMT (transfer tax) €8,105.50
    Legal basis

    CIMT art. 17.º n.º 1 alínea c), limites da Lei 73-A/2025 (OE 2026) · in force since 01/01/2026

  • Stamp duty €2,000
    Legal basis

    TGIS verba 1.1 (0,8%); base igual à do IMT por força do CIS art. 9.º n.º 4 (AT, IVE 17060) · in force since 12/01/2003

  • Registration €250
    Legal basis

    RERN art. 21.º verba 2.12; verba 1.2 (+50 € por prédio a mais, até 30 000 €) · in force since 01/01/2026

Estimated total €260,355.50
  • Assumes an individual buyer resident in Portugal. Since 25-05-2026 a non-resident pays 7.5% IMT on housing, with exceptions.

Informative estimate. Amounts may vary with the actual terms of the acquisition and the applicable law. Confirm with the competent authorities or a professional.

On the map

Rivesta analysis

Turn the property data into an investment decision

The facts above are open to everyone. Rivesta analysis reads them for you: compares with the market, weighs the risk and explains why.

  • Market

    Does the price make sense for the area? Market references and comparables.

  • Risk

    What could go wrong? The property's and the sale's risk factors, explained.

  • Opportunity

    Is this one worth a look? The economic factors for and against.

  • Visual intelligence

    What condition is it in, from the photos? Signs of works and apparent upkeep.

  • How to proceed

    How, where and to whom to make an offer, the deadline, the deposit and the sale documents.

Available with Paid Rivesta

Before going ahead, always confirm the terms of the sale with the entity that publishes it.

€250,000