New 4 bed Penthouse apartment with huge roof terrace and Jacuzzi near Alvor
€1,657,500
Apartment in Alvor, Western Algarve, Western Algarve, PT
- 4 bed
- 5 bath
- 588 m²
- penthouse
About this place
Early sale with a 10% discount - Stunning and huge penthouse over 2 floors set in a newly constructed building in the Algarve in a new 5* luxury development with extensive gardens, 3 swimming pools (1x heated), private elevator access and large balconies! This new, private and gated condominium is set in the beautiful western Algarve known for its beautiful baches and coves, is currently under construction, and just a short drive away from the picturesque coastal town of Alvor with one of the best beaches in the Algarve. All amenities are easy to reach within a few minutes, as well as several Golf courses. The large communal exterior spaces will include a lagoon style pool, a heated pool and a toddler’s pool, as well as a snack bar, a reception and large landscaped gardens and even a private driving range only for owners. Choose from only two 4-bedroom penthouse apartments set on the third floor plus roof terrace of this new building offering luxurious finishings, private access via elevator, central heating and AirCo throughout. Each apartment offers an entrance area with cloak room, 4 double bedrooms with fitted wardrobes and access to balconies, all with en-suite luxurious bathrooms. The master bedroom even enjoys a dressing room and a jacuzzi on the private balcony. The spacious open plan living- dining room is opening up to the large terrace running around the corner, while the modern, open plan kitchen with island will be fully furnished and equipped (Bosch) and has an adjacent utility room. Additionally, the apartment includes a very large, private roof terrace with ca. 220m2 and additional jacuzzi, great for al-fresco entertainment and sun bathing. Top quality finishings include Video intercom, sound system (Bluetooth), smart home automation, central electric shutters, a gas BBQ, a digital rain shower, an ethanol fireplace, central heating, Airco throughout, elevator and much more. Also included in the sales price are 3 parking spaces in the garage, including an electrical charging point (pré installed), but additional outdoor parking spaces are available on site. Other T2, T3 and T4 units are also available on other floors. Would like to know more about this property? Contact us to for more information and availability on this top quality, new development in the Western Algarve and benefit from a 10% pré launch discount! Roof terrace 220m2 with jacuzzi, living area from 220 m2, total area from 588,50 m2. Energy Certification: Not applicable according to Law 101-D 2020 Energy certificate class N.A..
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
Get a NIF
Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.
- 2
Open a bank account
Open a local account to handle the deposit, taxes, and ongoing utility payments.
- 3
Engage a lawyer
Hire an independent lawyer (not the seller's) to run title and planning searches.
- 4
Sign the CPCV
Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.
- 5
Final searches & funds
Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.
- 6
Escritura (deed)
Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.
- 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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