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A beautiful five (3+2) family home with sea and marina views
Albufeira, Faro, Portugal, 8200-184 Albufeira
REF: 547767
€1,050,000
Description
An elegant and spacious villa situated in an elevated position with stunning southwest facing ocean and marina views. Three main bedrooms plus two further guest/hobby or study rooms. Pool, deck and easily managed garden. Cellar parking or games room. This splendid, traditional detached home originally built in the 1970s is a great example of contemporary Portuguese design from the period, with the benefit of many modern additions.
The property is situated in an elevated west facing position in Cerro Grande, west Albufeira. Stunning sea, marina and coastal views can be enjoyed from the balconies, garden and several rooms.
Outside, a recently installed heated swimming pool is surrounded by a timber deck and low maintenance mature gardens. Natural materials are used for paving and all windows and doors were replaced in 2024
Inside, the current owners have sensitively upgraded the spacious kitchen and all bathroom sanitary ware and windows, retaining original flooring where possible.
There are three ensuite bedrooms, of which one is completely self-contained, with its own private access. Two further bedrooms are ideal as guest bedrooms, or as a study, atelier or playroom.
The main living/dining room is a complete joy. French doors open to a west-facing sea/marina view terrace, and integrated banquette seating and architectural wall units are incorporated which further enhance the charm of the space. The big, fully equipped, modern kitchen has access to a dining/barbecue area.
On the lower level is a huge garage, storage room and WC, with plenty of space for a workshop or games room.
In walking distance to amenities like schools, supermarkets, restaurants, and other amenities, and close to the old town. The house has a rental licence (AL).
An elegant and spacious villa situated in an elevated position with stunning southwest facing ocean and marina views. Three main bedrooms plus two further guest/hobby or study rooms. Pool, deck and easily managed garden. Cellar parking or games room. This splendid, traditional detached home originally built in the 1970s is a great example of contemporary Portuguese design from the period, with the benefit of many modern additions.
The property is situated in an elevated west facing position in Cerro Grande, west Albufeira. Stunning sea, marina and coastal views can be enjoyed from the balconies, garden and several rooms.
Outside, a recently installed heated swimming pool is surrounded by a timber deck and low maintenance mature gardens. Natural materials are used for paving and all windows and doors were replaced in 2024
Inside, the current owners have sensitively upgraded the spacious kitchen and all bathroom sanitary ware and windows, retaining original flooring where possible.
There are three ensuite bedrooms, of which one is completely self-contained, with its own private access. Two further bedrooms are ideal as guest bedrooms, or as a study, atelier or playroom.
The main living/dining room is a complete joy. French doors open to a west-facing sea/marina view terrace, and integrated banquette seating and architectural wall units are incorporated which further enhance the charm of the space. The big, fully equipped, modern kitchen has access to a dining/barbecue area.
On the lower level is a huge garage, storage room and WC, with plenty of space for a workshop or games room.
In walking distance to amenities like schools, supermarkets, restaurants, and other amenities, and close to the old town. The house has a rental licence (AL).
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Currency Exchange
Albufeira, Faro, Portugal, 8200-184 Albufeira
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,050,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,050,000 | £865,095 | £902,423 | £37,328 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £865,095 |
| Maximum cost in the last six months | £902,423 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,328 |
Albufeira, Faro, Portugal, 8200-184 Albufeira
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,050,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,050,000 | £865,095 | £902,423 | £37,328 |
| Property Price € | €1,050,000 |
| Minimum cost in the last six months | £865,095 |
| Maximum cost in the last six months | £902,423 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,328 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £37,328 more.
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