&lt;p&gt;&lt;strong&gt;Discounted new-build homes offer unbeatable value for property investors in the Western Algarve&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Easy access to the Western &lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property-for-sale/algarve&quot; target=&quot;_blank&quot;&gt;Algarve’s&lt;/a&gt; most desirable towns and beaches - along with a substantial discount - awaits early investors in a new boutique development in &lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property-for-sale/portim%C3%A3o&quot; target=&quot;_blank&quot;&gt;Portim&#227;o&lt;/a&gt;, brought to you by &lt;em&gt;Ideal Homes Portugal. &lt;/em&gt;&lt;/p&gt;
&lt;p&gt;As a pre-launch promotion, state-of-the-art apartments at the new Olivie complex, which occupies a plot in a low-rise residential district five minutes from Portim&#227;o’s centre, are available right now with a &lt;strong&gt;10 per cent discount &lt;/strong&gt;from the normal list price - potentially saving you more than €50,000 on a three-bed apartment.&lt;/p&gt;
&lt;p&gt;The project’s sought-after location means buyers there should &lt;strong&gt;expect fast capital appreciation, and strong rental returns.&lt;/strong&gt;&lt;/p&gt;
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&lt;p&gt;Besides the port city of &lt;em&gt;Portim&#227;o&lt;/em&gt;, the picture-postcard village of &lt;em&gt;&lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property-for-sale/alvor&quot; target=&quot;_blank&quot;&gt;Alvor&lt;/a&gt; &lt;/em&gt;next to the Ria de Alvor Nature Reserve is no more than seven minutes’ drive. The cosmopolitan city of Lagos is also just 15 minutes away, while a similar distance in the other direction takes you to the bijou white village of &lt;em&gt;&lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property-for-sale/ferragudo&quot; target=&quot;_blank&quot;&gt;Ferragudo&lt;/a&gt;&lt;/em&gt;.&lt;/p&gt;
&lt;p&gt;&lt;em&gt;“Being on the western fringes of Portim&#227;o means the Olivie development is in a tranquil area but still very close to the region’s key resorts, as well as world-class golf,”&lt;/em&gt; said Chris White, Founder of Ideal Homes Portugal. &lt;em&gt;“And the prices are highly competitive compared to just 15 minutes down the road in &lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property-for-sale/lagos&quot; target=&quot;_blank&quot;&gt;Lagos&lt;/a&gt;, where we estimate equivalent properties are at least €100,000 higher for a two-bed, and nearly €300,000 more for a three-bed.”&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;High spec and strong rental returns for investors&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The completed development will comprise a total of 16 units spread over two blocks, each with four floors. Construction is expected to begin in late 2022, with completion estimated for the end of 2024. Built to a high spec with large balconies and private parking, communal facilities will include a swimming pool, gym, hot tub and roof-top terrace.&lt;/p&gt;
&lt;p&gt;Ground-floor two-bedroom apartments at Olivie are available through Ideal Homes Portugal for an incredible €290,000. Three-bedroom units start at €450,000.&lt;/p&gt;
&lt;p&gt;A deposit of only €6,000 reserves one today, with 30 per cent payable on contract signing, and the balance due on completion.&lt;/p&gt;
&lt;p&gt;Olivie’s location just off the coast and close to Portim&#227;o, the largest city in the Western Algarve, and Lagos means apartments there should be just as attractive for year-round living as family holidays. This will give investors the choice of renting long-term to relocators or local residents, or focus on short-term holiday lets. Typical transfer time from Faro Airport is just 45 minutes.&lt;/p&gt;
&lt;p&gt;&lt;em&gt;“At Olivie we’re anticipating annual capital appreciation of around seven per cent and a &lt;strong&gt;rental yield of between six and eight per cent,” &lt;/strong&gt;&lt;/em&gt;continued Chris White. &lt;em&gt;“The project presents an alternative to the more expensive Lagos suburban area - both are equally fantastic locations. Investors can also feel reassured by the developer’s track record - an established family-run firm with a list of popular developments in Lagos; they&#39;re now excited about repeating this success with their first project in the Portim&#227;o area.”&lt;/em&gt;&lt;/p&gt;
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&lt;p&gt;&lt;strong&gt;Local highlights&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Buyers at Olivie can look forward to having two of the Algarve’s most treasured fishing villages on their doorstep. The closest is Alvor, special for its dual aspect location - it sits on a river estuary within a lagoon but also looks across sand dunes to the beach and sea. Complete with a small harbour, pretty waterfront with fishing boats and an old town of winding cobbled streets, Alvor oozes authentic Portuguese charm. For such a small village, Alvor houses a good selection of seafood restaurants, shops and bars, so there’s plenty to keep you occupied.&lt;/p&gt;
&lt;p&gt;The other gem is Ferragudo, located on the River Arade estuary and a village that has avoided some of the higher density development of its neighbours. It’s hard not to be wowed by its palm-lined riverfront, beautifully preserved old town and calm beaches, including sandy Praia Grande, the town’s original beach. The main square of the town, Pra&#231;a Rainha Dona Leonor, enjoys a lively night-time atmosphere, and there’s a selection of great restaurants to choose from. Visitors also flock to see Castelo de S&#227;o Jo&#227;o de Arade, the medieval castle occupying a prominent lofty spot on the headland.&lt;/p&gt;
&lt;p&gt;Meanwhile, Portim&#227;o, now recognised as being one of the largest cities in the Algarve, remains a friendly place with a deep fishing heritage - celebrated by its annual sardine festival. It offers a more urban lifestyle, and is popular with shoppers. The historic centre has open-air cafes and restaurants, plus there’s a fantastic market, lively waterfront and internationally acclaimed marina.&lt;/p&gt;
&lt;p&gt;Olivie offers fortunate owners the perfect gateway to enjoy all these destinations, from a location far enough away from the hustle and bustle to provide peace and tranquility, but close enough for easy access in a matter of minutes. And you can take your pick of stunning beaches near Olivie too, from sweeping Praia de Alvor with its dunes to the cosy coves at Praia do Vau, set beneath striking red cliffs. Golfers won’t be disappointed either, with the choice of four courses within 10 minutes’ drive, Vale da Pinta and Gramacho operated by Pestana Resorts.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Interested? Read more, see the promo video and request further information here:&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property/apartment-in-algarve-idh32837-portimao-89374/89374&quot; target=&quot;_blank&quot;&gt;Olivie: Two bedroom apartments &amp;gt;&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property/apartment-in-algarve-idh32902-portimao-89439/89439&quot; target=&quot;_blank&quot;&gt;Olivie: Three bedroom apartments (1st floor) &amp;gt;&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property/apartment-in-algarve-idh32903-portimao-89440/89440&quot; target=&quot;_blank&quot;&gt;Olivie: Three bedroom apartments (2nd floor) &amp;gt;&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;&lt;a rel=&quot;noopener&quot; href=&quot;https://www.idealhomesportugal.com/property/apartment-in-algarve-idh32905-portimao-89442/89442&quot; target=&quot;_blank&quot;&gt;Olivie: Three bedroom apartments (Top floor) &amp;gt;&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&#160;&lt;/p&gt;

New-build discount in Portimão

Pre-launch promotion - save 10% and snap-up a 2-bed or 3-bed apartment with easy access to Portimão, Alvor and Ferragudo.