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Forte Novo
Quarteira | Algarve

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Portugal Property Hub Unip LDA
Portugal Property Hub Unip LDA
Presented At
€715,000
Bedrooms
2
Bathrooms
2
Living
1,174
SQM
Stone Countertops
Air Conditioning
Elevator
Washer Dryer
Bar
Laundry Room
Basement
Terrace
Garage
Pergola
Parking
Balcony
Pool
Water View
Coastal
Oceanfront
Waterfront
Mountain View
Panoramic / Scenic View
Modern
Investment Property
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Forte Novo, Algarve, Quarteira, Algarve, Portugal. , Quarteira , Algarve

Modern Ground-Floor Apartment with Sea & Pool View – Horizon, Forte Novo

Discover this modern ground-floor apartment in the exclusive Horizon development, perfectly located in Forte Novo, Quarteira. Designed with comfort and quality in mind, this apartment combines elegant finishes, a prime location, and beautiful views of both the swimming pool and the Atlantic Ocean.As you enter, you are welcomed into a bright and open living area with large sliding doors that fill the space with natural light. The living room connects to a cozy terrace, where you can enjoy your morning coffee while overlooking the pool and the sea — the ideal spot to relax and unwind, perfect to step out of the apartment and take a swim in pool or sea. The apartment includes a fully equipped kitchen with modern appliances, a comfortable bedroom with built-in wardrobes, and a contemporary bathroom with premium finishes.Additional features include:Private underground parking space Storage room (in the basement)Access to the condominium’s pool and landscaped gardens Walking distance to the beach, restaurants, and supermarketsLocated in a peaceful and upscale area, this apartment offers the perfect balance between tranquility and convenience. Whether you’re looking for a holiday retreat, a permanent residence, or an investment property, this Horizon apartment is an exceptional opportunity to enjoy the best of Algarve’s coastal lifestyle.

Gallery

3D Street View Tour

Map showing Forte Novo, Algarve, Quarteira, Algarve, Portugal.

Property Location

Forte Novo, Algarve, Quarteira, Algarve, Portugal., Quarteira Algarve

Local Weather & Climate

Quarteira, Algarve

Current Conditions Updated recently
48 °F
Few clouds
Feels Like 45°F
Humidity 81%
Wind 7 mph
Visibility 6.2 mi
Sunrise 6:51 AM
Sunset 6:34 PM
5-Day Forecast
Tue 10 Mar
Clouds
High 57°
Low 48°
Wed 11 Mar
Clear
High 59°
Low 49°
Thu 12 Mar
Clear
High 62°
Low 53°
Fri 13 Mar
Clear
High 65°
Low 55°
Sat 14 Mar
Clouds
High 60°
Low 52°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Quarteira?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Portugal)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Quarteira. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $71,500,000 20% down ($14,300,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$6,144
$6,144/day
Your home may appreciate while you sleep
$43,126/week $186,879/mo $2,242,552/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$39.3M
vs
OWN 📈 +$55.8M
$55.8M Potential Equity
vs $39.3M lost to rent over 10 years
$14.3M Down Payment Growth
3.9x
10yr
$55.8M
8.1x
20yr
$115.5M
12.6x
30yr
$180.6M
Wealth Comparison
×430
Equivalent to 430 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $180.6M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $84.2M +18%
Market $97.4M +36%
Optimistic $112.4M +57%
$55.8M est. equity
20 Years
Conservative $99.2M +39%
Market $132.6M +85%
Optimistic $176.6M +147%
$115.5M est. equity
30 Years
Conservative $116.8M +63%
Market $180.6M +153%
Optimistic $277.5M +288%
$180.6M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Forte Novo, Algarve, Quarteira, Algarve, Portugal features 2 bedrooms with 1,174 square feet of living space.
This property offers 1,174 square feet of living space.
This property is listed at $71,500,000, which equals $60903 per square foot.
Based on current market indicators, Quarteira shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Quarteira, Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.
Portugal Property Hub Unip LDA

Portugal Property Hub Unip LDA

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