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studio apartment for sale

Portugal - Algarve, Lagoa


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Call: 00351282357109
  • Description
  • Floorplans (0)
  • Map

Key features:

  • House area: 84 sqm
  • Swimming Pool
  • Condition: New
  • Construction year: 2018

Full description:

Do not miss the opportunity to purchase the last apartment available with 1 bedroom.

Casa do Rio is a group of 2 buildings located on the banks of the River Arade. An older building dating from 1869 comprising of 3 x 1 bed apts & 2 x 2 bed apts and a more contemporary comprising of 4 x 2 bed apartments. There is a communal pool, gym and green spaces for the 2 blocks which have enviable river and city views. The properties are located in the small village of Mexilhoeira da Carregação, Lagoa in the Algarve region only 4km from Portimão, about 2kms from the national road N125 and close to Ferragudo and its beaches. They have been built/renovated to the highest standard offering luxury accommodation, in a calm riverfront location.

The 2 buildings are located on a plot of 1,230m2 with a constructed area of 750m2. Both buildings share an outdoor area overlooking the River Arade, the town of Portimão and the Monchique mountain, where there is a Restaurant, outdoor pool and green space to enjoy moments of leisure with a unique landscape as a backdrop, the condominium also has a gym.

The first building, names “Palace of St Joseph” dates from 1869 and to preserve its original design was the focal point during its requalification. By contract the second building is clearly contemporary construction. The dichotomy of languages, styles and architectural eras, clearly adopted, resulted in a harmonious setting for different preferences.

Old Building
The Palace of St Joseph is a building dating from 1869 and for its requalification the original features were preserved while contemporary environments were created, always bearing in mind the tradition inherent to its construction.
The building consists of 5 apartments, 3 x 1 bedroom apts on the 1st floor and 2 x 2 bed apts on the 2nd floor..
The building has a set of solar panels for water heating. All apartments have good areas between 84m2 and 169m2 and magnificent balconies overlooking the River Arade. The kitchens will be equipped with Bosch appliances and the apts with Daikin air conditioning systems.

The one bedroom apartment with areas between 84m2 and 123m2 have the following features
- Spacious living rooms with dining area
- Kitchenette
- Balcony
- Bedroom with built in wardrobe.
Each one bedroom also has a storage space on the ground floor.

The two bedroom apartments with areas between 150m2 and 169m2 have the following features:
- Living room dining room
- Kitchen
- Terrace
- Toilet & a bathroom
- Master bedroom with private bathroom and closet
- Secondary room with built in wardrobe
- Both sharing a balcony
Special features of these apartments are the sloping ceilings and the parking spaces.

New Building
The new building contrasts with the old building with its straight lines and contemporary style. The creation of its contemporary interior spaces adapted to the current lifestyle was the guiding principal of the intervention in this building. The building has a set of solar panels for water heating

The building consists of 4 x 2 bedroom apartments all with 126m2, 2 on the 1st floor and a further 2 on the 2nd floor, the latter comprising of a large roof terrace of 126m2 with private Jacuzzi and a pergola for shading and a unique panoramic views. All apartments open to the west to the river Arade with the town of Portimão on the other bank as the landscape of the main divisions of the apartments.

The 2 bedroom apartments have the following features:
- Separate social area and private area
- Living room and dining area
- Kitchenette equipped with Bosch appliances
- Bathroom
- The living room opens up to a west facing balcony overlooking the River Arade
- Hall with storage cupboards
- Master suite with closet and private bathroom
- Secondary room with built in wardrobe and a common bathroom
The 2 bedrooms open to a full width balcony overlooking the river.

The apartments in this building are equipped with daikin air conditioning system and have a parking space and storage rooms.

Price of the last 1 bedroom apartment is € 180.000.

Do not hesitate to ask for more information and to schedule a visit.

REF: AC262

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Faro (INTERNATIONAL), 28.4 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Vernon LDA, Algarve

Rua povo do Burro nº 1 Praia do Carvoeiro Algarve Portugal 8400-502 Carvoeiro LGA
About Vernon LDA, Algarve

Vernon is one of the longest established Algarve real estate agents. Established since the 80's in the Algarve began with offices in Lagos and Carvoeiro. It is a well recognized and prestigious Algarve real estate agent for all the years of experience and has always been in the same ownership of "Mr. Rod & Mrs. Margaret Vernon". Vernon is a Portuguese limited company registered in the land registry office of Lagoa and a government licensed Estate Agent under the No. 956 AMI issued by INCI.
With a huge range of properties we are the ideal Algarve estate agent to help you on the search and purchasing of your dream home or of the perfect business investment.

We cover an area from roughly the centre of Algarve, (Carvoeiro) and inland to Silves, Messines and along the coast up to the Spanish boarder (East Algarve).

Over the last 20-30 years, investments in properties have always proved to be sound, even in the worst times. Indeed rental incomes always provided good returns on capital invested. If you are considering investing in the Algarve just remember "Property will never be as cheap as it is today".

If you want to open the door of opportunity to your future, security and investment, we look forward to helping you.

We will locate your ideal property, be it an off plan project, quarter share property, townhouse, land, building plot, farmhouse, luxury villa or the ideal business investment such as hotel B&B guest house commercial shops restaurants bars or others …

Our highly qualified multilingual (Portuguese, English, German, French, Spanish and Italian) team will give you their utmost support in finding the right property business and will continue to support you through the legal process and any after sale advice you require. For more than 25 years our doors have been open to support you; before during and after a sale or a purchase
Are you looking to buy a Home, a holiday home, a business … OR Are you thinking of selling your home investment business… contact us now! You will be happy with the results, we will do our best to make your dream come true.


This is a property advertisement provided and maintained by Vernon LDA, Algarve (reference 90533_AC262) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Vernon LDA, Algarve

Rua povo do Burro nº 1 Praia do Carvoeiro Algarve Portugal 8400-502 Carvoeiro LGA
or call 00351282357109

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