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1+1 Bedroom Apartment For Sale in Albufeira
Albufeira, Faro, Portugal, 8200-184
REF: 788076
€400,000
Description
This 1+1 bedroom apartment for sale is located within a charming boutique development of just 12 units in Old Town Albufeira. With sweeping panoramic ocean views that stretch from the captivating Old Town to the distant Faro Island, this residence offers a unique blend of coastal tranquillity and modern comfort. Recently fully renovated with high quality finishes throughout, the apartment boasts a spacious living/dining area, a fully fitted kitchen, a well-appointed bedroom and a bathroom. Eac.. This 1+1 bedroom apartment is located within a charming boutique development of just 12 units in Old Town Albufeira, seven of which are already sold. There are five units remaining, from a one bedroom to a four bedroom, with prices starting from 215,000 .
With panoramic sea views that stretch from the Old Town to Faro Island, this residence blends coastal tranquillity and modern comfort.
Recently fully renovated with high quality finishes throughout, the apartment boasts a spacious living/dining area, a fully fitted kitchen, a well-appointed bedroom and a bathroom. Each unit enjoys access to private terraces that offer stunning sea views - a feature that extends even to the ground floor apartments.
The development also includes a communal swimming pool and terrace.
Additional features include: air conditioning, LED lighting in false ceilings throughout and modern contemporary finishes.
Ideally located, this development is just a five-minute walk from Praia dos Pescadores beach, and only one kilometre from the lively marina. A wide range of amenities can be found within a short walking distance, including restaurants, cafes, bars, and more. Albufeira, a picturesque city in the Algarve, perfectly captures the essence of coastal living. With its beautiful beaches, historic Old Town, and vibrant culture, Albufeira offers a delightful array of experiences.
This 1+1 bedroom apartment for sale is located within a charming boutique development of just 12 units in Old Town Albufeira. With sweeping panoramic ocean views that stretch from the captivating Old Town to the distant Faro Island, this residence offers a unique blend of coastal tranquillity and modern comfort. Recently fully renovated with high quality finishes throughout, the apartment boasts a spacious living/dining area, a fully fitted kitchen, a well-appointed bedroom and a bathroom. Eac.. This 1+1 bedroom apartment is located within a charming boutique development of just 12 units in Old Town Albufeira, seven of which are already sold. There are five units remaining, from a one bedroom to a four bedroom, with prices starting from 215,000 .
With panoramic sea views that stretch from the Old Town to Faro Island, this residence blends coastal tranquillity and modern comfort.
Recently fully renovated with high quality finishes throughout, the apartment boasts a spacious living/dining area, a fully fitted kitchen, a well-appointed bedroom and a bathroom. Each unit enjoys access to private terraces that offer stunning sea views - a feature that extends even to the ground floor apartments.
The development also includes a communal swimming pool and terrace.
Additional features include: air conditioning, LED lighting in false ceilings throughout and modern contemporary finishes.
Ideally located, this development is just a five-minute walk from Praia dos Pescadores beach, and only one kilometre from the lively marina. A wide range of amenities can be found within a short walking distance, including restaurants, cafes, bars, and more. Albufeira, a picturesque city in the Algarve, perfectly captures the essence of coastal living. With its beautiful beaches, historic Old Town, and vibrant culture, Albufeira offers a delightful array of experiences.
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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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
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 £12,456 more.
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