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An incredible new build 2 bedroom apartment for sale in a new development in Faro - Portugal

New developments Faro
424.000€   3.563€/sqm

Family flat with large balcony for sale in new development in Faro


  • Bedrooms 2
  • Bathrooms 2
  • Gross surface 119 sqm
  • Outdoor area 27 m²
  • Floor 3 on 7
  • Energy A

We are pleased to present this new property for sale in Faro, a prestigious building in an ideal family-friendly neighbourhood, offering you an ideal living environment in the city.

Enjoy the comfort of new construction in Faro with this new-build 2-bed apartment with a total gross surface of 119 sqm (92 sqm of living area).

It is located on the 3rd floor of a modern 7-storey building with elevator in a residence with pool and garden.

The apartment offers 2 bedrooms and 2 bathrooms. This apartment is straightforward to live in and well optimized.

The property is composed as follows a living room of 13.87 sqm with terrace with barbecue of 14.13 sqm, dining room of 10.46 sqm And for your meals, with friends a lovely open kitchen of 20.47 sqm .

On the inside, housing is conceived to benefit from natural light. You will without a doubt appreciate its view of the condominium, residence.

The night area includes : a cozy master suite with dressing room of 24.73 sqm with covered terrace of 13.23 sqm and a bathroom with a toilet, bedroom with closet of 12.53 sqm with covered terrace of 13.23 sqm.

The project has been very well designed in ordrer to provide maximum comfort : reversible air conditioning, thermodynamic water heater, double glazing, efficient thermal insulation and solar panels.

Your future apartment also has built-in closets, fully fitted kitchen, dressing room, extractor hood, electric vehicle charging point, furnished bathrooms and electric shutters.

Outside, there is an outdoor space of 27 sqm, which offers a space always very appreciated when buying a house.

What will make you fall in love with this new-build property in Faro?

-A flat with a modern style, well-equipped, with beautiful finishes, and built with quality materials.

-A swimming pool in the condominium to spend good times with family or friends.

-One parking space

-One storage space

-Hallway of 2.46 sqm, laundry of 3.52 sqm, storeroom of 4 sqm, parking space of 13 sqm

-And above all, an outdoor space of 27 sqm!

This apartment is suitable for a real estate purchase as part of of a real estate investment or a primary residence or vacation home.

Get in touch with our advisors!

Did you know? TAGUS NOVO is the first portal specialized in the sale of new homes in Portugal.

*Features and price subject to confirmation and images for illustrative purposes only.

Agency fees are included in the price and the developer's ten year warranty is also included.

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Property

  • Reference : TN-T2-3-Q
  • Property type : flat
  • Style : Modern
  • Property condition : New build
  • Rooms : 3
  • Bedrooms : 2
  • Bathroom : 2
  • Total surface : 119 m²
  • Living area : 92 m²
  • Outside surface : 27 m²
  • Floor number : 3
  • Floor : Intermediate floor
  • Solar exposure :
  • Construction year : 2024
  • Price : 424.000€
  • Price per sqm : 3.563€/sqm
  • Property in condominium : Yes
  • Parking spaces : 1


Amenities

  • Premium property
  • Lift
  • Parking space
  • Garage
  • Swimming pool in the condominium
  • Balcony
  • Terrace
  • En suite bedroom
  • Family flat with large balcony
  • View of the condominium, residence
  • Clear views
  • Beautiful finishes
  • Intrusion alarm
  • Armoured door
  • Videophone
  • Bright and luminous
  • Good interior comfort
  • In the city centre

The condominium

This new build property (reference: TN-T2-3-Q) is part of a real estate development in Faro, Algarve.

A brand new development of 38 homes located in a highly sought-after location of Faro municipality, in the city centre.

Its architecture perfectly fits the surrounding neighbourhoods and offers a collection of new-build flats designed to provide an optimal living area for future owners.

This residence with pool and garden provides all occupants with quality amenities: shops, garage with parking space. And for the residents' comfort, you can benefit from its magnificent swimming pool in the condominium.

You will have access to a whole range of amenities nearby. And also (easy access, green areas, golf, marina, airport, shops, beach, public transports, city centre, schools, hospital, pharmacy, tennis club, bank and police).

The co-ownership management is under establishment, and the condominium fees are estimated at 119€/month.

This new condominium is undoubtedly ideal for in the city living in Faro in a pleasant environment.

If you are looking for a family flat with large balcony or a flat for your vacations in Portugal, this property is for you!

Visit our page dedicated to this new residential development in Faro to learn about the residence, its services and its neighbourhood.

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Expert's word

Are you interested in investing in a new build apartment and are looking for a suitable property in Faro?

Follow the advice of your TAGUS NOVO expert if you want to invest in a new development in Faro area.

Whether you are looking for a primary residence, an investment property, there is no doubt that this apartment is a very good option for a new home purchase in Faro, Portugal.

As well as by the quality of the finishes, its interior layout, and the experience of the developer.

You should know that, according to our evaluation, its performance is 83/100 for a real estate investment and 96/100 for housing.

This family flat with large balcony within this new development guarantees you to choose a premium property which offers great benefits such as : good interior comfort, an excellent level of equipment with reversible air conditioning, thermodynamic water heater, double glazing, efficient thermal insulation and solar panels, all in a prestigious building in the city centre.

So is it a good choice? It should be noted that its selling price is really attractive for a new build property with these characteristics, and located in Faro municipality.

Don't miss this opportunity! Contact us for a viewing or for more information.

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Property information


  • Living room of 13.87 sqm with terrace with barbecue of 14.13 sqm
  • Dining room of 10.46 sqm
  • Open kitchen of 20.47 sqm
  • Master suite with dressing room of 24.73 sqm with covered terrace of 13.23 sqm and a bathroom with a toilet
  • Bedroom with closet of 12.53 sqm with covered terrace of 13.23 sqm
  • Shower room with toilet of 3.81 sqm
  • Hallway of 2.46 sqm
  • Laundry of 3.52 sqm
  • Storeroom of 4 sqm
  • Parking space of 13 sqm
  • Reversible air conditioning
  • Thermodynamic water heater
  • Double glazing
  • High-performance acoustic insulation
  • Efficient thermal insulation
  • Energy-efficient housing
  • Solar panels
  • All-electric
  • Built-in closets
  • Fully fitted kitchen
  • Dressing room
  • Extractor hood
  • Electric vehicle charging point
  • Furnished bathroom
  • Electric shutters
  • Storage
  • Parking spaces : 1
  • Balcony
  • Terrace
  • Covered terrace
  • Swimming pool in the condominium
  • Number of units in the building : 38
  • Number of floors : 7
  • Private residence
  • Shops
  • Building style : Modern
  • Building condition : New build
  • Construction year : 2024
  • Facade of the building : New
  • Structure : Concrete structure
  • Roof : New
  • Quality level : Prestigious building
  • Condominium management : Under establishment
  • Common areas : New
  • Number of flats : 38




About the new development

Project status

Pre-launch Sales Under construction Delivered
Last Units Delivery: 4th quarter 2024
Private development
Algarve

New build flats in Faro - Algarve
From 413.400€ LivingInvestment
  • From 2 to 4 bedrooms
    Areas from 105 to 281 sqm

5% of units sold



See all units for sale in this real estate development

Area Bedrooms Price
119 sqm 1 2 413.400€
119 sqm 1 2 413.400€
119 sqm 2 2 418.700€
119 sqm 2 2 418.700€
105 sqm 3 2 424.000€
119 sqm 3 2 424.000€
119 sqm 3 2 424.000€
105 sqm 4 2 434.600€
119 sqm 4 2 434.600€
119 sqm 4 2 434.600€
105 sqm 4 2 434.600€
105 sqm 5 2 445.200€
105 sqm 5 2 445.200€
119 sqm 5 2 445.200€
119 sqm 5 2 445.200€
119 sqm 6 2 455.800€
119 sqm 6 2 455.800€
105 sqm 6 2 455.800€
105 sqm 6 2 455.800€
174 sqm 1 3 577.700€
174 sqm 2 3 583.000€
174 sqm 3 3 588.300€
174 sqm 4 3 598.900€
174 sqm 5 3 609.500€
204 sqm 2 3 614.800€
204 sqm 3 3 620.100€
175 sqm 6 3 620.100€
204 sqm 4 3 630.700€
204 sqm 5 3 641.300€
204 sqm 6 3 651.900€
231 sqm 1 4 694.300€
231 sqm 2 4 699.600€
281 sqm 7 4 1.028.200€
271 sqm 7 4 1.028.200€
269 sqm 7 4 1.060.000€
273 sqm 7 4 1.081.200€

Construction status

Foundation Structure Roofing Interior Close-out Delivery
  • Current project status : Under construction
  • Delivery : 4th quarter 2024

This new development, located in Faro is expected to be complete by the 4th quarter of 2024 and is currently under construction, reaching the structure stage.

Latest images from the construction site




Neighbourhood

  • District : Algarve
  • Municipality : Faro
  • Parish : Faro
  • The address: In an ideal family-friendly neighbourhood

  • The neighbourhood's strengths : Easy access, Green areas, Golf, Marina, AirPort, Shops, Beach, Public transports, City centre, Schools, Hospital, Pharmacy, Tennis club, Fire station, Bank, Police
  • Lifestyle : In the city

Faro is the capital of the Algarve region and the municipality of the same name, with a population of approximately 60,000 inhabitants spread over 210 km2, 30% of which are located in the Ria Formosa Natural Reserve.

The municipality of Faro is bordered to the south by the Ria Formosa, a 19 km long lagoon system whose barrier islands communicate with the sea through six sea inlets, five of which are natural and mobile, and one is an artificial inlet that has been opened to allow easy access to the port of Faro. This lagoon system forms three main islands that can be connected by boat. They are excellent places to spend pleasant days in contact with nature, by boat, bicycle or on foot.

The unique characteristics of the Ria Formosa, one of the Seven National Wonders, allow the practice of several activities in communion with nature such as kite-surfing, canoeing, windsurfing, rowing and bird watching.

The city also has an attractive marina, well-maintained parks, and squares and the old part of the city full of outdoor cafes and pedestrian areas. Besides its museums and beautiful churches and chapels, Faro also has a vibrant nightlife.

The town of Faro enjoys a privileged location, reinforced by its proximity to Faro airport, where several flights of national and international airlines regularly connect the Algarve with several European cities.

It is an excellent region with an unparalleled climate for buying a home and investing in property both as a primary or secondary residence.

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The scoring of this property is evaluated by our experts using criteria based on data that allow us to categorise the potential of the property for a home and for property investment.
We take into account, among other factors, the added value potential, resaleability, rental profitability, rental demand in the area, attractiveness of the neighbourhood, location and quality of the property.

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