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Spacious two bedroom apartment in Windmill Hill
Albufeira, Faro, Portugal, 8200-184
REF: 713115
€390,000
Description
Situated in the very desirable development of Windmill Hill (Alto Do Moinho), located on a small hill with views of Albufeira and the sea beyond, on the north-west side of Albufeira. Within a few minutes walk to the old town, shops and beach. Situated in the delightful, well managed and highly respected Windmill Hill (Alto do Moinho) condominium in Old Town Albufeira, this two bedroom , south-facing apartment will suit a wide variety of buyers.
The development was completed in the early 1990s and since then has become a popular place to reside for an international, friendly community. The communal spaces are well designed and consistently maintained to an exceptionally high standard, with a large swimming pool, tennis courts, expansive lawns and a fine restaurant in the fully restored old windmill.
This lovely apartment was subject to refurbishment, is located on ground floor and benefits from a southerly aspect, ensuring light and airy rooms and additional warmth in the winter months when the sun is lower.
There are two bedrooms of which one is ensuite. The principal room has a large ensuite bathroom and benefits from patio doors opening onto a terrace with lateral ocean view.
The main living space is split-level, with an open plan kitchen with dining area occupying the upper level and the living room with fireplace on the lower level. From here, patio doors open onto the the same terrace
Within a few minutes walk to the old town, shops and beach.
Situated in the very desirable development of Windmill Hill (Alto Do Moinho), located on a small hill with views of Albufeira and the sea beyond, on the north-west side of Albufeira. Within a few minutes walk to the old town, shops and beach. Situated in the delightful, well managed and highly respected Windmill Hill (Alto do Moinho) condominium in Old Town Albufeira, this two bedroom , south-facing apartment will suit a wide variety of buyers.
The development was completed in the early 1990s and since then has become a popular place to reside for an international, friendly community. The communal spaces are well designed and consistently maintained to an exceptionally high standard, with a large swimming pool, tennis courts, expansive lawns and a fine restaurant in the fully restored old windmill.
This lovely apartment was subject to refurbishment, is located on ground floor and benefits from a southerly aspect, ensuring light and airy rooms and additional warmth in the winter months when the sun is lower.
There are two bedrooms of which one is ensuite. The principal room has a large ensuite bathroom and benefits from patio doors opening onto a terrace with lateral ocean view.
The main living space is split-level, with an open plan kitchen with dining area occupying the upper level and the living room with fireplace on the lower level. From here, patio doors open onto the the same terrace
Within a few minutes walk to the old town, shops and beach.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-184
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 €390,000 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 |
|---|---|---|---|
| €390,000 | £321,321 | £335,186 | £13,865 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £321,321 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,865 |
Albufeira, Faro, Portugal, 8200-184
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 €390,000 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 |
|---|---|---|---|
| €390,000 | £321,321 | £335,186 | £13,865 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £321,321 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,865 |
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 £13,865 more.
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