21 Apartments in Distrito de Faro, Mina de Água and São Brás de Alportel, São Brás and São Brás, with Balcony

4 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

3 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

3 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

Building located in the central area of Vila de São Brás de Alportel, with a privileged view of the sea providing excellent natural light.

The apartments with large areas have typologies that vary between T3 and T4.

The light of São Brás de Alportel gives it a rare beauty that enchants us in every detail.

luxury finishes

- fully equipped kitchen
- ceramic floors in social areas
- wooden floors in the bedrooms
- aluminum window frames with thermal break and double glazing
- led lightning
- pre-installation of air conditioning in all rooms
- video intercom system.

Apartments under construction with expected completion date in 2022.

The apartments have parking or private garage and storage.

Nearby you can count on restaurants, pharmacy, schools, gardens, supermarket, transport, sports parks, Municipal Market, playgrounds and parking.


São Brás de Alportel preserves and has the most genuine characteristics of the culture, architecture and authenticity of the Algarve’s landscape, bringing together the best of the two large areas of the region, the mountains and the coast.

São Brás has a very privileged location in the center of the Algarve, along Via do Infante.
it is possible to have direct and quick access to all infrastructures and points of interest in the Algarve.

About 12 kms from the city of Faro, 12 kms from Loulé and 15 kms from Faro International Airport and Faro beach. It is also the same distance from golf courses.

4 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

3 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

4 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

4 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

4 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

3 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

4 bedroom apartment in a residential area, extremely quiet and quiet in São Brás de Alportel, with two parking spaces and two storage rooms, one in the basement and one in the attic.

The property has a corridor that passes to the whole apartment leading to the bedrooms and their bathrooms.

The living room with excellent areas, shared with the dining room. Advantage of having good solar lighting due to the large windows that are in parallel with this division.

The kitchen is equipped and in an excellent mood where you can enjoy the view while preparing your meals.

The rooms feature good spaces, highlighting the large windows.

Also count on

Central Aspiration

Electric Blinds

Pre-installation of Air Conditioning

Sound Environment bluetooth

Rooms and living room in floating floor class AC4 (various finish to choose from)

Interior Woods in white lacquered

Equipped kitchens: | microwave | | hood| MML | Combined refrigerator

State-of-the-new floors and coatings

High security armored entrance door

Video intercom with digital access key

Fireplace with Stove

Hot tub and Italian shower

Alarm: | gas leaks | fire | flood

Double glazing with UV filter in thermal break frames

Thermal plaster by outdoor ETIC ́s

Elevator Otis Gen2 8 passengers

Forced circulation solar panels with solar water heater support

Piped Gas

Pre-installation for photo-voltaic panels.

Parking lots in the basement with preparation for electric charging.

Development consisting of 32 spacious apartments of typologies T2, T3 and T4 in São Brás de Alportel. Start of construction July this year 2022. Construction will be phased, and the first phase (20 apartments) will be completed in the last quarter of 2024.

With a contemporary design where current trends are reflected and with high quality finishes, these apartments are distinguished by their modern and tasteful decoration, with large balconies, where you can make the most of an outdoor life and enjoy the magnificent climate of the Algarve mountains.

An excellent connection between luxury and well-being, close to all services and commerce.

A 20-minute drive from Faro International Airport and several beaches in the Algarve.

As for the generic specification of the enterprise, we have the following summary:

Central Vacuum
Pre-installation of Air Conditioning
Bluetooth Surround Sound
Rooms and living room in AC4 floating floor (various finishes to choose from)
Interior wood in white lacquer
First-class flooring and coverings
High security armored entrance door
Video intercom with digital access key
Fireplace with Heat Recovery
Hot tub and Italian shower
Equipped kitchens: oven | microwave | plate | exhaust fan| MML | Combination refrigerator (built-in)
Electric Blinds
Alarm: intrusion | gas leaks | fire | inundation
Double glazing with UV filter in thermal break window frames
External thermal plastering ETIC’s
Otis Gen2 8 passenger elevator
Forced circulation solar panels with solar water heater support
Piped Gas
Pre-installation for photovoltaic panels
Car parks in the basement with preparation for electric charging
Individual storage in the basement for most fractions (see PH)
Individual storage in the attic attic for all fractions


The T3 all have two parking spaces and storage in the basement, plus storage in the attic.

Development consisting of 32 spacious apartments of typologies T2, T3 and T4 in São Brás de Alportel. Start of construction July this year 2022. Construction will be phased, and the first phase (20 apartments) will be completed in the last quarter of 2024.

With a contemporary design where current trends are reflected and with high quality finishes, these apartments are distinguished by their modern and tasteful decoration, with large balconies, where you can make the most of an outdoor life and enjoy the magnificent climate of the Algarve mountains.

An excellent connection between luxury and well-being, close to all services and commerce.

A 20-minute drive from Faro International Airport and several beaches in the Algarve.

As for the generic specification of the enterprise, we have the following summary:

Central Vacuum
Pre-installation of Air Conditioning
Bluetooth Surround Sound
Rooms and living room in AC4 floating floor (various finishes to choose from)
Interior wood in white lacquer
First-class flooring and coverings
High security armored entrance door
Video intercom with digital access key
Fireplace with Heat Recovery
Hot tub and Italian shower
Equipped kitchens: oven | microwave | plate | exhaust fan| MML | Combination refrigerator (built-in)
Electric Blinds
Alarm: intrusion | gas leaks | fire | inundation
Double glazing with UV filter in thermal break window frames
External thermal plastering ETIC’s
Otis Gen2 8 passenger elevator
Forced circulation solar panels with solar water heater support
Piped Gas
Pre-installation for photovoltaic panels
Car parks in the basement with preparation for electric charging
Individual storage in the basement for most fractions (see PH)
Individual storage in the attic attic for all fractions


The T3 all have two parking spaces and storage in the basement, plus storage in the attic.

New Apartments in São Brás de Alportel, consisting of two blocks A and B with 4 and 3 floors respectively, with a total of 32 apartments, 5 of typology T2, with variant areas from 86m2 to 88m2.
With elevator, 1 parking place in the garage, storage space in the attic and basement, living room and kitchen in openspace, 1 bedroom with built-in wardrobe and another in suite with closet, bathrooms one with bathtub and another with poliban, balcony and pantry, with excellent areas, lots of natural light, this development is all designed to meet all the needs of its residents and commend them in the best possible way.
Good investment opportunity to monetize or own housing.

Development consisting of 32 spacious apartments of typologies T2, T3 and T4 in São Brás de Alportel. Start of construction July this year 2022. Construction will be phased, and the first phase (20 apartments) will be completed in the last quarter of 2024.

With a contemporary design where current trends are reflected and with high quality finishes, these apartments are distinguished by their modern and tasteful decoration, with large balconies, where you can make the most of an outdoor life and enjoy the magnificent climate of the Algarve mountains.

An excellent connection between luxury and well-being, close to all services and commerce.

A 20-minute drive from Faro International Airport and several beaches in the Algarve.

As for the generic specification of the enterprise, we have the following summary:

Central Vacuum
Pre-installation of Air Conditioning
Bluetooth Surround Sound
Rooms and living room in AC4 floating floor (various finishes to choose from)
Interior wood in white lacquer
First-class flooring and coverings
High security armored entrance door
Video intercom with digital access key
Fireplace with Heat Recovery
Hot tub and Italian shower
Equipped kitchens: oven | microwave | plate | exhaust fan| MML | Combination refrigerator (built-in)
Electric Blinds
Alarm: intrusion | gas leaks | fire | inundation
Double glazing with UV filter in thermal break window frames
External thermal plastering ETIC’s
Otis Gen2 8 passenger elevator
Forced circulation solar panels with solar water heater support
Piped Gas
Pre-installation for photovoltaic panels
Car parks in the basement with preparation for electric charging
Individual storage in the basement for most fractions (see PH)
Individual storage in the attic attic for all fractions

The T3 all have two parking spaces and storage in the basement, plus storage in the attic.

Development consisting of 32 spacious apartments of typologies T2, T3 and T4 in São Brás de Alportel. Start of construction July this year 2022. Construction will be phased, and the first phase (20 apartments) will be completed in the last quarter of 2024.

With a contemporary design where current trends are reflected and with high quality finishes, these apartments are distinguished by their modern and tasteful decoration, with large balconies, where you can make the most of an outdoor life and enjoy the magnificent climate of the Algarve mountains.

An excellent connection between luxury and well-being, close to all services and commerce.

A 20-minute drive from Faro International Airport and several beaches in the Algarve.

As for the generic specification of the enterprise, we have the following summary:

Central Vacuum
Pre-installation of Air Conditioning
Bluetooth Surround Sound
Rooms and living room in AC4 floating floor (various finishes to choose from)
Interior wood in white lacquer
First-class flooring and coverings
High security armored entrance door
Video intercom with digital access key
Fireplace with Heat Recovery
Hot tub and Italian shower
Equipped kitchens: oven | microwave | plate | exhaust fan| MML | Combination refrigerator (built-in)
Electric Blinds
Alarm: intrusion | gas leaks | fire | inundation
Double glazing with UV filter in thermal break window frames
External thermal plastering ETIC’s
Otis Gen2 8 passenger elevator
Forced circulation solar panels with solar water heater support
Piped Gas
Pre-installation for photovoltaic panels
Car parks in the basement with preparation for electric charging
Individual storage in the basement for most fractions (see PH)
Individual storage in the attic attic for all fractions

The T3 all have two parking spaces and storage in the basement, plus storage in the attic.

4 Bedroom Apartment in the Centre of São Brás de Alportel

Discover this spacious 169 m² flat located in the heart of the charming town of São Brás de Alportel.

With a privileged location, you’ll be just a few steps away from supermarkets, the post office, pharmacies, restaurants, cafés and even the hospital.

This property offers a large kitchen with a balcony and pantry, ideal for those who like to cook and receive friends.

The living room is versatile and can be transformed into another bedroom or office, depending on your needs.

The flat has four bedrooms, one of which is en suite, providing comfort and privacy. Two of the bedrooms have built-in wardrobes, optimising space and organisation. In addition, three bathrooms guarantee comfort for the whole family. The flat’s main rooms receive plenty of natural light, creating a cosy and pleasant atmosphere.

Located on the 1st floor of a building without a lift, this property is in good condition and is an excellent opportunity for those looking for a spacious and well-located home. The balcony is perfect for outdoor leisure time.

Don’t miss the chance to see this marvellous flat.

Book your visit now and come and live in the centre of São Brás de Alportel!

Just outside central São Bras is this private condominium of new modern apartments.
T1, T3 and T4 apartments built with high standards of finishes.

You will love living in a small 3 storey condominium only 2 minutes from supermarket and shops and 5 minutes to the centre of São Bras. There is a communal garden, garages and balconies.
The construction has thermal insulation, central vacuum, pre-installed for air conditioning, cctv, solar panels and a lift in the building. Fireplace and electric shutters, and laminated wooden floors.
Fully fitted and equipped kitchens with piped gas available.

Quiet tranquil area away from the city centre of São Bras which has all your major services and medical facilities.
completion in 3rd quarter of 2022
20 minutes to Faro airport

Development consisting of 32 spacious apartments of typologies T2, T3 and T4 in São Brás de Alportel. Start of construction July this year 2022. Construction will be phased, and the first phase (20 apartments) will be completed in the last quarter of 2024.

With a contemporary design where current trends are reflected and with high quality finishes, these apartments are distinguished by their modern and tasteful decoration, with large balconies, where you can make the most of an outdoor life and enjoy the magnificent climate of the Algarve mountains.

An excellent connection between luxury and well-being, close to all services and commerce.

A 20-minute drive from Faro International Airport and several beaches in the Algarve.

As for the generic specification of the enterprise, we have the following summary:

Central Vacuum
Pre-installation of Air Conditioning
Bluetooth Surround Sound
Rooms and living room in AC4 floating floor (various finishes to choose from)
Interior wood in white lacquer
First-class flooring and coverings
High security armored entrance door
Video intercom with digital access key
Fireplace with Heat Recovery
Hot tub and Italian shower
Equipped kitchens: oven | microwave | plate | exhaust fan| MML | Combination refrigerator (built-in)
Electric Blinds
Alarm: intrusion | gas leaks | fire | inundation
Double glazing with UV filter in thermal break window frames
External thermal plastering ETIC’s
Otis Gen2 8 passenger elevator
Forced circulation solar panels with solar water heater support
Piped Gas
Pre-installation for photovoltaic panels
Car parks in the basement with preparation for electric charging
Individual storage in the basement for most fractions (see PH)
Individual storage in the attic attic for all fractions


The T3 all have two parking spaces and storage in the basement, plus storage in the attic.

Just outside central São Bras is this private condominium of new modern apartments.
T1, T3 and T4 apartments built with high standards of finishes. Groundfloor (E)

You will love living in a small 3 storey condominium only 2 minutes from supermarket and shops and 5 minutes to the centre of São Bras. There is a communal garden, garages and balconies. Ground floor apt.
The construction has thermal insulation, central vacuum, pre-installed for air conditioning, cctv, solar panels and a lift in the building. Fireplace and electric shutters, and laminated wooden floors.
Fully fitted and equipped kitchens with piped gas available.

Quiet tranquil area away from the city centre of São Bras which has all your major services and medical facilities.
completion in 3rd quarter of 2022
20 minutes to Faro airport

New modern 3 bedroom apartment - São Brás de Alportel
Apartments located in São Brás de Alportel, within walking distance of the center, with amenities close by. With high quality construction and private parking, the apartments, completed in January 2024, will comprise: Living/dining room with access to balcony, equipped kitchen, with laundry and also with access to balcony, 3 bedrooms (2 of which en suite) and service bathroom. They will include fireplace with stove, pre-installation of air conditioning, video intercom, surround sound, double glazing, thermal insulation, central vacuum, electric shutters, solar panels and pre-installation of photovoltaic panels. Opportunity to acquire a new and high quality property.