Luxury 7-bedroom penthouse with panoramic views in Faro

€1,899,000

Faro, Algarve, Portugal

  • 7 bed
  • 6 bath
  • 420 m²
  • Penthouse

About this place

Luxury 7-bedroom penthouse with panoramic views in Faro This outstanding penthouse offers almost 420 sq m of living space, rising across three private floors above one of Portugal's most celebrated natural reserves. Set in the heart of Faro, this is not merely an apartment but a statement of scale, serenity and position. From the main reception, expansive sliding glass doors dissolve the boundary between interior and landscape, framing an ever-shifting panorama of the Ria Formosa with its tidal lagoons, sandbars and birdlife composing a scene that changes with every tide and season. This is a view that genuinely cannot be replicated. Accessed exclusively by two private lifts serving just two penthouse residences, the property unfolds across three levels connected by an elegant internal staircase. It has seven bedrooms, including a principal suite with a walk-in wardrobe, double shower room and private terrace. Alongside this are two fully equipped kitchens, a formal dining room and a gracious sitting room with an open fireplace. For the discerning collector, one room has been converted into a temperature-controlled wine cellar with capacity for approximately 2,000 bottles. In 2022, the residence was comprehensively upgraded throughout with electric underfloor heating, motorised screens, large-format stone-effect tiling, full Wi-Fi infrastructure and solar panels, ensuring that its generous proportions are matched by a thoroughly modern level of comfort and efficiency. Three private underground parking spaces and two storage rooms complete an offering that is both practical and impressive. Moments from Faro's historic centre, its international airport and the finest golf courses of the Eastern Algarve, this penthouse presents an exceptional and rarely available opportunity to acquire one of the city's most distinguished addresses. EPC: B Please note that all distances and measurements are approximate and, for security reasons, do not represent the property's exact location. For more information on the precise location of the property and its surrounding area, please contact the listed Property Adviser. Features: Air Conditioning, Lift, Balcony, Gym, Roof Terrace, Town/City, Private Parking, Sea View, Lake View, Wine cellar

Buying property in Portugal

Full guide →

Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.

The buying process

  1. 1

    Get a NIF

    Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.

  2. 2

    Open a bank account

    Open a local account to handle the deposit, taxes, and ongoing utility payments.

  3. 3

    Engage a lawyer

    Hire an independent lawyer (not the seller's) to run title and planning searches.

  4. 4

    Sign the CPCV

    Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.

  5. 5

    Final searches & funds

    Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.

  6. 6

    Escritura (deed)

    Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.

  7. 7

    Register the property

    Lawyer registers the new ownership at the Land Registry (Conservatória do Registo Predial).

  • NIF (tax number)
  • Portuguese bank account
  • Passport / ID
  • Fiscal representative(optional)

    Required for non-EU/EEA residents

The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023). Mortgages are available to non-residents, typically up to 60–70% LTV.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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€1,899,000