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    Modern Comfort in Quelfes – 3-Bedroom Apartment with 22 m² Balcony
    Olhão, Algarve• Ref: IM016-FS

    Modern Comfort in Quelfes – 3-Bedroom Apartment with 22 m² Balcony

    €404,750€3,699/m²
    3Bedrooms
    2Bathrooms
    109.42m² Living
    -m² Plot

    About This Property

    Experience the best of Olhão in this extraordinary 3-bedroom apartment, set in a gated condominium with pool and garden, in the peaceful parish of Quelfes – just minutes from the city center and Algarve coast.

    Located on the 1st floor, this brand-new apartment (built in 2024, usage license July 2024) stands out for its natural brightness and its large 22.40 m² balcony, perfect for outdoor living.

    With 106.60 m² of usable space, it offers comfort and functionality: spacious living room with direct access to the balcony, fully equipped kitchen, three bedrooms with fitted wardrobes, and two elegant bathrooms.

    Built with energy efficiency in mind — double-insulated walls, aluminum frames with thermal break and SGG double glazing, insulated roof, and BOSCH natural gas water heater. The result is an energy rating up to 80% above reference standards.

    The condominium includes elevator access to the basement, private garage, 2.10 m² storage, video intercom, electric gate, and well-maintained communal areas.

    This apartment is more than a home – it's an invitation to live the Algarve with sophistication and tranquility.
    TypeApartment
    ConditionNew
    OrientationSouth
    EnergyB-

    Features & Amenities

    Property Highlights

    South Facing
    Quiet Location
    Private & Secluded
    Swimming Pool
    Garage
    Parking space
    Garden
    Terrace
    Balcony
    Elevator
    Security System
    Gated Community
    Storage
    Double Glazing
    Built-in Wardrobes
    Equipped Kitchen
    Built in 2024

    Photos(24)

    Presentation

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    Presentation

    Modern Comfort in Quelfes – 3-Bedroom Apartment with 22 m² Balcony

    The full presentation of this property — ready to save and share.

    24 photos · Ref. IM016-FS

    Location

    Approximate location
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    Your Agent
    Felipe Silveira
    Felipe SilveiraReal Estate Agent
    +351926573099Call to the national mobile network
    [email protected]

    Request Information

    Average response time: 5 min via WhatsApp

    Financing Simulator

    Realistic estimate based on current rates and Bank of Portugal rules

    €404,750
    €121,425(30%)
    25 years
    40
    Euribor 12M (2026-06)2.80%
    Spread
    1.10%
    Rate used (TAN)3.90%

    Max financing (LTV): 70%

    Total monthly cost

    €1,567/month

    Loan payment: €1,480Insurances (est.): €87
    Bank affordability test
    Payment at stressed rate (5.40%)€1,723/month
    Cash needed upfront (est.)
    Down payment€121,425
    IMT (transfer tax)€19,680
    Stamp duty — purchase (0.8%)€3,238
    Stamp duty — loan (0.6%)€1,700
    Bank fees (est.)€900
    Notary & registry (est.)€700
    Total upfront€147,643
    Loan Amount€283,325
    Financing %70%
    Total to Repay€443,968

    Need help with financing?

    Our banking partners find the best conditions for you — free and without commitment.

    Indicative simulation only — not financial advice. Final conditions depend on the bank's assessment.

    Reference values: Euribor 2026-06 · IMT 2026 tables (AT) · Bank of Portugal rules · updated 2026-07-06

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