€1,150,000

T4 Townhouse in the RIA TERRACES Development, Faro, Algarve Property Features: Type: T4 Bathrooms: 4 Terrace and Balcony: Yes Parking: 2 spaces Air Conditioning: Yes Pool: Yes Garden: Yes Built-in Wardrobes: Yes Orientation: South Areas: Basement: 69sqm (delivered in raw state, allowing various uses such as sauna, gym, wine cellar, cinema room, etc.) Ground Floor: 175sqm First Floor: 74sqm Terrace: 67sqm Space Distribution: Basement: Versatile space for multiple uses, delivered in raw state. Ground Floor: Entrance hall, living room with fully equipped open kitchen, 1 bedroom/office, 1 bathroom, garden with pool, and 2 parking spaces. First Floor: 3 suites with built-in wardrobes and a balcony with spectacular views of the Ria Formosa. Terrace: Large area with unobstructed and stunning views. Additional Details: Energy Certification: A+ Accessibility: Adapted for people with reduced mobility. Orientation: South Delivery: End of the first half of 2025 Payment Conditions: 10% upon signing the Promissory Contract of Purchase and Sale (CPCV) 10% at the start of construction 80% upon deed RIA TERRACES Development: Your New Home in Faro, Algarve A New Community in Development We are pleased to present RIA TERRACES, a new condominium of 33 luxury villas integrated into nature, with privileged views over the Ria Formosa. Project Details The RIA TERRACES project includes the phased construction of up to 33 houses, distributed over 4 distinct phases. Intended for middle-class families, these houses feature top-notch finishes and high energy efficiency, perfectly integrated into the natural environment to take full advantage of the unique conditions of the location and surrounding landscape. Development Objective The main objective of the development is to create a sustainable community that harmonizes with the abundant natural resources of the region and contributes to the expansion of Faro's residential offer in the Montenegro area. Privileged Location RIA TERRACES is being developed in a new extension of Montenegro, along two newly developed streets. This unique location offers spectacular views over the Ria Formosa, excellent sun exposure, and the creation of a modern residential community, with excellent access and a wide range of goods and services nearby. Customization to Your Needs The concept of the houses was designed to maximize the surrounding natural resources and offer residents the possibility to adapt the house to their habits and needs.