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Excellent apartment with 3 bedrooms and large areas, within a short distance from Alvor beach
Portimão, Faro, Portugal
REF: 753217
€245,000
Description
Excellent apartment with 3 bedrooms and large areas, within a short distance from Alvor beach. Pleasant T2+1 apartment with a total area of 109m², offering a perfect combination of comfort and a convenient location. This apartment features three spacious bedrooms, one of which is en-suite. The second bathroom serves the other two bedrooms. Both bathrooms have been renovated. There is a large common living and dining room with a small balcony facing east, overlooking the square in front of the building. The kitchen is spacious and equipped with a stove, oven, microwave, washing machine, and dishwasher. It also has a table and chairs where you can have your meals without needing to use the dining room. From the kitchen, there is access to a west-facing balcony with beautiful views of the countryside, the Monchique mountains, and even a bit of Alvor Bay. Next to the kitchen, there is a separate pantry with plenty of storage space. This apartment is located on the 1st floor of a building without an elevator but is easily accessible. At the top of the building, the apartment has a private space where you can place a BBQ, table and chairs, and several loungers to enjoy the excellent Algarve sun. The building has been fully painted, both inside and out, so it will not require maintenance for the next few years. The property is within a short driving distance from the village of Alvor, as well as the beach and the famous Ria de Alvor, a protected area home to various birds such as flamingos and pelicans. The annual costs for the apartment are very low, with the condominium fee being only 10 euros per month, totaling 120 euros per year, and the IMI tax being 364.04 euros per year. Don’t waste any time, schedule your visit now and see this opportunity. #ref: 106756
Excellent apartment with 3 bedrooms and large areas, within a short distance from Alvor beach. Pleasant T2+1 apartment with a total area of 109m², offering a perfect combination of comfort and a convenient location. This apartment features three spacious bedrooms, one of which is en-suite. The second bathroom serves the other two bedrooms. Both bathrooms have been renovated. There is a large common living and dining room with a small balcony facing east, overlooking the square in front of the building. The kitchen is spacious and equipped with a stove, oven, microwave, washing machine, and dishwasher. It also has a table and chairs where you can have your meals without needing to use the dining room. From the kitchen, there is access to a west-facing balcony with beautiful views of the countryside, the Monchique mountains, and even a bit of Alvor Bay. Next to the kitchen, there is a separate pantry with plenty of storage space. This apartment is located on the 1st floor of a building without an elevator but is easily accessible. At the top of the building, the apartment has a private space where you can place a BBQ, table and chairs, and several loungers to enjoy the excellent Algarve sun. The building has been fully painted, both inside and out, so it will not require maintenance for the next few years. The property is within a short driving distance from the village of Alvor, as well as the beach and the famous Ria de Alvor, a protected area home to various birds such as flamingos and pelicans. The annual costs for the apartment are very low, with the condominium fee being only 10 euros per month, totaling 120 euros per year, and the IMI tax being 364.04 euros per year. Don’t waste any time, schedule your visit now and see this opportunity. #ref: 106756
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Currency Exchange
Portimão, Faro, Portugal
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 €245,000 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 |
|---|---|---|---|
| €245,000 | £205,633 | £211,327 | £5,694 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £205,633 |
| Maximum cost in the last six months | £211,327 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,694 |
Portimão, Faro, Portugal
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 €245,000 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 |
|---|---|---|---|
| €245,000 | £205,633 | £211,327 | £5,694 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £205,633 |
| Maximum cost in the last six months | £211,327 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,694 |
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 £5,694 more.
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