ALBUFEIRA - CITY CENTER - 8 APARTMENTS - BUILDING

Albufeira, Algarve, Portugal

For Sale

€1,650,000

REF: 819052 €1,650,000


10

1980

Description

Building featuring 8 apartments of different sizes 1 - Studio; 5 - one bedroom apartments, and two two bedroom appartments. All units are furnished and in excellent condition, Excellent location near the city center and a short walk from the fishermen's beach, All services and commercial areas, schools and the municipal market at 500 meters. Excellent investment for short or long term rentals. Come visit with us.

Building featuring 8 apartments of different sizes 1 - Studio; 5 - one bedroom apartments, and two two bedroom appartments. All units are furnished and in excellent condition, The proximity of this space to the city center and Praia dos Pescadores, less than five minutes walk away, makes this area an excellent place to live. All apartments are equipped with air conditioning, terrace overlooking the sea and the city of Albufeira. It also has a support laundry, automatic irrigation and independent entrances to all apartments. Excellent investment for local accommodation or yearly renting. Come visit with us.
Building featuring 8 apartments of different sizes 1 - Studio; 5 - one bedroom apartments, and two two bedroom appartments. All units are furnished and in excellent condition, Excellent location near the city center and a short walk from the fishermen's beach, All services and commercial areas, schools and the municipal market at 500 meters. Excellent investment for short or long term rentals. Come visit with us.

Building featuring 8 apartments of different sizes 1 - Studio; 5 - one bedroom apartments, and two two bedroom appartments. All units are furnished and in excellent condition, The proximity of this space to the city center and Praia dos Pescadores, less than five minutes walk away, makes this area an excellent place to live. All apartments are equipped with air conditioning, terrace overlooking the sea and the city of Albufeira. It also has a support laundry, automatic irrigation and independent entrances to all apartments. Excellent investment for local accommodation or yearly renting. Come visit with us.
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Property on Map

#VVP1920

Currency Exchange

Albufeira, Algarve, 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 €1,650,000 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
€1,650,000 £1,366,712 £1,418,093 £51,381
Property Price € €1,650,000
Minimum cost in the last six months £1,366,712
Maximum cost in the last six months £1,418,093
Fluctuating exchange rates over the last six months could have increased the cost of this property by £51,381

Albufeira, Algarve, 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 €1,650,000 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
€1,650,000 £1,366,712 £1,418,093 £51,381
Property Price € €1,650,000
Minimum cost in the last six months £1,366,712
Maximum cost in the last six months £1,418,093
Fluctuating exchange rates over the last six months could have increased the cost of this property by £51,381

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 £51,381 more.

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