3 Bedroom Top-Floor Apartment in Portimão

Portimão, Faro, Portugal

For Sale

€235,000

REF: 775943 €235,000


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Description

Situated in the idyllic location of Mexilhoeira Grande, Portimão, just a short distance from the renowned racetrack that hosted the F1 and MotoGP races in 2021 and 2022, these key-ready properties for sale offer a great combination of comfort and convenience. Sold fully furnished, this three bedroom apartment comprises a spacious living room in open plan with a dining area, three large bedrooms, two bathrooms and a fully equipped kitchen, complete with top-of-the-line appliance.

The charming, .. Fully-managed, key-ready 1, 2 & 3 bedroom apartments available to purchase next to the Autódromo Internacional do Algarve Racetrack in Portimão. This is a one-of-a-kind opportunity to gain an affordable investment in the property market in Portugal. As part of a fully-operational, successful rental programme, owners can choose their own usage and then earn income when they're not using their home, thanks to the increasing popularity of the AIA, which host events all-year round. Sold fully furnished, this three bedroom top-floor home comprises a spacious living room in open plan with a dining area, three large bedrooms, two bathrooms and a fully equipped kitchen, complete with appliances, including a stovetop, oven, fridge, water boiler, toaster and washing machine.

The private terrace offers views of the countryside. All apartments offer convenient access to a large outdoor swimming pool, and usage of facilities at the next door hotel, including an indoor pool, fully equipped gym, sauna, spa, bar and restaurant. Additional features include: air conditioning, Wi-Fi, double glazed windows, underground parking and storage room. Situated less than 20 minutes from Portimão city centre, with its vibrant culture, entertainment, and shopping, and 25 minutes to stunning Meia Praia beach. The city centre of Lagos can be reached in approximately 25 minutes.
Situated in the idyllic location of Mexilhoeira Grande, Portimão, just a short distance from the renowned racetrack that hosted the F1 and MotoGP races in 2021 and 2022, these key-ready properties for sale offer a great combination of comfort and convenience. Sold fully furnished, this three bedroom apartment comprises a spacious living room in open plan with a dining area, three large bedrooms, two bathrooms and a fully equipped kitchen, complete with top-of-the-line appliance.

The charming, .. Fully-managed, key-ready 1, 2 & 3 bedroom apartments available to purchase next to the Autódromo Internacional do Algarve Racetrack in Portimão. This is a one-of-a-kind opportunity to gain an affordable investment in the property market in Portugal. As part of a fully-operational, successful rental programme, owners can choose their own usage and then earn income when they're not using their home, thanks to the increasing popularity of the AIA, which host events all-year round. Sold fully furnished, this three bedroom top-floor home comprises a spacious living room in open plan with a dining area, three large bedrooms, two bathrooms and a fully equipped kitchen, complete with appliances, including a stovetop, oven, fridge, water boiler, toaster and washing machine.

The private terrace offers views of the countryside. All apartments offer convenient access to a large outdoor swimming pool, and usage of facilities at the next door hotel, including an indoor pool, fully equipped gym, sauna, spa, bar and restaurant. Additional features include: air conditioning, Wi-Fi, double glazed windows, underground parking and storage room. Situated less than 20 minutes from Portimão city centre, with its vibrant culture, entertainment, and shopping, and 25 minutes to stunning Meia Praia beach. The city centre of Lagos can be reached in approximately 25 minutes.
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Property on Map

#IDH33267

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 €235,000 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
€235,000 £194,653 £201,971 £7,318
Property Price € €235,000
Minimum cost in the last six months £194,653
Maximum cost in the last six months £201,971
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,318

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 €235,000 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
€235,000 £194,653 £201,971 £7,318
Property Price € €235,000
Minimum cost in the last six months £194,653
Maximum cost in the last six months £201,971
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,318

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 £7,318 more.

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