New Studio Apartment For Sale in Albufeira

Albufeira, Faro, Portugal, 8200-001

For Sale

€300,000

REF: 811310 €300,000


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Description

This brand new studio for sale is located in the heart of Olhos D Água, in Albufeira, just minutes from the beach and all amenities. Currently under construction, this development will comprise 20 apartments, ranging from T0 to T1+1, and is expected to be completed in December 2024. Situated on the ground floor, this apartment will feature an entry hall, a fitted kitchen equipped with Bosch appliances, an open-plan dining and lounge area, a spacious bedroom, and a bathroom.

Both the lounge an.. This brand new studio for sale is located in the heart of Olhos D Água, in Albufeira, just minutes from the beach and all amenities. Currently under construction, this development will comprise 20 apartments, ranging from T0 to T1+1, and is expected to be completed in December 2024. Situated on the ground floor, this apartment will feature an entry hall, a fitted kitchen equipped with Bosch appliances, an open-plan dining and lounge area, a spacious bedroom, and a bathroom.

Both the lounge and bedroom have direct access to a large private terrace. Residents of this condominium will enjoy the benefit of a communal swimming pool, landscaped gardens, a rooftop terrace and a convenient underground garage for private parking. Additional features include: air conditioning, double glazed windows, communal lift, electric shutters, fitted wardrobes, solar panels. Nestled in Albufeira, Olhos D'Água is a cherished coastal haven for residents, offering a tranquil escape amidst its natural springs, sandy shores, and scenic cliffs.

This development is within walking distance to a wide array of amenities, including local restaurants, cafes, and supermarkets, and just a 10 minute walk from the pristine beach of Olhos D Água.
This brand new studio for sale is located in the heart of Olhos D Água, in Albufeira, just minutes from the beach and all amenities. Currently under construction, this development will comprise 20 apartments, ranging from T0 to T1+1, and is expected to be completed in December 2024. Situated on the ground floor, this apartment will feature an entry hall, a fitted kitchen equipped with Bosch appliances, an open-plan dining and lounge area, a spacious bedroom, and a bathroom.

Both the lounge an.. This brand new studio for sale is located in the heart of Olhos D Água, in Albufeira, just minutes from the beach and all amenities. Currently under construction, this development will comprise 20 apartments, ranging from T0 to T1+1, and is expected to be completed in December 2024. Situated on the ground floor, this apartment will feature an entry hall, a fitted kitchen equipped with Bosch appliances, an open-plan dining and lounge area, a spacious bedroom, and a bathroom.

Both the lounge and bedroom have direct access to a large private terrace. Residents of this condominium will enjoy the benefit of a communal swimming pool, landscaped gardens, a rooftop terrace and a convenient underground garage for private parking. Additional features include: air conditioning, double glazed windows, communal lift, electric shutters, fitted wardrobes, solar panels. Nestled in Albufeira, Olhos D'Água is a cherished coastal haven for residents, offering a tranquil escape amidst its natural springs, sandy shores, and scenic cliffs.

This development is within walking distance to a wide array of amenities, including local restaurants, cafes, and supermarkets, and just a 10 minute walk from the pristine beach of Olhos D Água.
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Property on Map

#IDH33309

Currency Exchange

Albufeira, Faro, Portugal, 8200-001

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 €300,000 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
€300,000 £249,564 £258,186 £8,622
Property Price € €300,000
Minimum cost in the last six months £249,564
Maximum cost in the last six months £258,186
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,622

Albufeira, Faro, Portugal, 8200-001

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 €300,000 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
€300,000 £249,564 £258,186 £8,622
Property Price € €300,000
Minimum cost in the last six months £249,564
Maximum cost in the last six months £258,186
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,622

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 £8,622 more.

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