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T2 + 1 Duplex in the heart of Albufeira pools
Albufeira, Faro, Portugal, 8200-161
REF: 594692
€450,000
Description
Duplex three-bedroom apartment w/ large private terrace with panoramic sea view.
Located in the heart of the city of Albufeira, in Hotel Paraíso de Albufeira. Duplex apartment T2+1 with large private terrace with sea view. Located in the heart of the city of Albufeira, at the Hotel Paraíso de Albufeira.
The entrance of this apartment is characterized by an entrance hall that gives access to the two main bedrooms, both built-in closets, air conditioning and a bathroom that serves both bedrooms. The two bedrooms are south facing and have access to a shared balcony with sea and pool views.
On the upper floor, there is the kitchen with an open space concept with the living room, being a large division and with lots of natural light. This room opens onto a large private terrace, also facing south, with sea and pool views.
On this floor there is also a bathroom with bathtub and the attic has been converted into another bedroom with a Lenux window.
For your comfort and convenience, you can count on a 24-hour reception service, restaurants, bars, multipurpose areas, shops, gardens, swimming pools (indoor and outdoor), gym, tennis court, mini-golf, play areas for children.
Possibility to buy the parking space in the garage together with the apartment.
Condominium Value: 115 /Month
IMI value: 213 /Year
Duplex three-bedroom apartment w/ large private terrace with panoramic sea view.
Located in the heart of the city of Albufeira, in Hotel Paraíso de Albufeira. Duplex apartment T2+1 with large private terrace with sea view. Located in the heart of the city of Albufeira, at the Hotel Paraíso de Albufeira.
The entrance of this apartment is characterized by an entrance hall that gives access to the two main bedrooms, both built-in closets, air conditioning and a bathroom that serves both bedrooms. The two bedrooms are south facing and have access to a shared balcony with sea and pool views.
On the upper floor, there is the kitchen with an open space concept with the living room, being a large division and with lots of natural light. This room opens onto a large private terrace, also facing south, with sea and pool views.
On this floor there is also a bathroom with bathtub and the attic has been converted into another bedroom with a Lenux window.
For your comfort and convenience, you can count on a 24-hour reception service, restaurants, bars, multipurpose areas, shops, gardens, swimming pools (indoor and outdoor), gym, tennis court, mini-golf, play areas for children.
Possibility to buy the parking space in the garage together with the apartment.
Condominium Value: 115 /Month
IMI value: 213 /Year
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Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-161
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Albufeira, Faro, Portugal, 8200-161
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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