Fastighetsbyrån Lagos proudly presents this modern 1-bedroom penthouse, ideally located in the central area of Olhos de Água, just a short walk from the beach and surrounded by all everyday amenities. Combining contemporary comfort, generous outdoor space, and a prime coastal location, this property is perfect as a permanent residence, holiday retreat, or discreet investment opportunity. Situated in a modern building served by two elevators, the penthouse benefits from excellent south-facing sun exposure and features two independent entrances, offering added privacy and flexibility. The beach is approximately 10 minutes on foot, while restaurants, cafés, supermarkets, a traditional market, pharmacy, and public transport are all close by. Inside, the apartment offers a bright and functional open-plan living and kitchen area, designed to maximise light and flow. The kitchen is fully equipped with quality appliances, including fridge, oven, microwave, induction hob, extractor fan, dishwasher, washing machine, and water heater. Large windows and direct access to the terrace enhance the sense of space and connection to the outdoors. The bedroom is comfortable and well-proportioned, and the apartment is equipped with air conditioning in both the living room and bedroom, ensuring year-round comfort. High-quality finishes include double glazing with thermal and acoustic insulation, electric blinds, plasterboard walls and ceilings painted white, and exterior walls with a capoto thermal insulation system, improving energy efficiency and durability. Hot water is provided via a heat pump. The standout feature of this penthouse is the private terrace of approximately 73 m², offering stunning sea views and an ideal south-facing orientation. This expansive outdoor space is perfect for sunbathing, outdoor dining, or simply enjoying the Algarve climate in total privacy. Residents also benefit from a communal swimming pool and private parking space in the basement garage, with the space clearly identified. Property Highlights: ✅ 1-bedroom penthouse with sea views ✅ Central location in Olhos de Água ✅ Approx. 73 m² private south-facing terrace ✅ Open-plan living room & fully equipped kitchen ✅ Bosch appliances & quality finishes ✅ Air conditioning in living room & bedroom ✅ Double glazing with thermal & acoustic insulation ✅ Electric blinds ✅ Heat pump for hot water ✅ Two elevators in the building ✅ Communal swimming pool ✅ Private basement parking space ✅ Walking distance to beach, shops & services This penthouse offers a rare combination of outdoor privacy, modern comfort, and a central coastal location, making it an excellent choice for living or investment in one of the Algarve’s most charming seaside areas. 📞 Contact us today to arrange your private viewing.