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1 Bedroom, 1st Floor Apartment in Portimão
Portimão, Faro, Portugal
REF: 811507
€157,000
Description
Situated in the idyllic location of , Portimão, just 10 minutes away 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 one bedroom apartment comprises a spacious living room in open plan with a dining area, a large bedroom, a bathroom and a fully equipped kitchen, complete with top-of-the-line appliances. The charming, private terrace offers amaz.. 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 one bedroom first-floor apartment comprises a spacious living room in open plan with a dining area, a large bedroom, a bathroom and a fully equipped kitchen, complete with appliances, including a stovetop, oven, fridge, water boiler, toaster and washing machine. The charming, private terrace offers amazing views of the countryside, making it an ideal place to enjoy the outdoors.
All apartments offer convenient access to a large outdoor swimming pool, an indoor pool, fully equipped gym, sauna, spa, bar and restaurant, all available just steps away from your doorstep. As a resident, you will benefit from exclusive discounts on select services.
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 , Portimão, just 10 minutes away 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 one bedroom apartment comprises a spacious living room in open plan with a dining area, a large bedroom, a bathroom and a fully equipped kitchen, complete with top-of-the-line appliances. The charming, private terrace offers amaz.. 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 one bedroom first-floor apartment comprises a spacious living room in open plan with a dining area, a large bedroom, a bathroom and a fully equipped kitchen, complete with appliances, including a stovetop, oven, fridge, water boiler, toaster and washing machine. The charming, private terrace offers amazing views of the countryside, making it an ideal place to enjoy the outdoors.
All apartments offer convenient access to a large outdoor swimming pool, an indoor pool, fully equipped gym, sauna, spa, bar and restaurant, all available just steps away from your doorstep. As a resident, you will benefit from exclusive discounts on select services.
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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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 €157,000 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 |
|---|---|---|---|
| €157,000 | £130,045 | £135,017 | £4,972 |
| Property Price € | €157,000 |
| Minimum cost in the last six months | £130,045 |
| Maximum cost in the last six months | £135,017 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,972 |
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 €157,000 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 |
|---|---|---|---|
| €157,000 | £130,045 | £135,017 | £4,972 |
| Property Price € | €157,000 |
| Minimum cost in the last six months | £130,045 |
| Maximum cost in the last six months | £135,017 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,972 |
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 £4,972 more.
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