Sea View Apartment in Oura/Santa Eulália, Albufeira

Albufeira, Faro, Portugal, 8200-381

For Sale

€450,000

REF: 826014 €450,000


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Description

This exquisite top-floor apartment resides within the Pedras dos Bicos Apartments, nestled between the captivating Santa Eulalia and Oura beaches. The condominium is impeccably maintained, boasting a splendid communal pool area with an onsite bar/cafe for added convenience. This exquisite top-floor SEA VIEW apartment resides within the Pedras dos Bicos Apartments, nestled between the captivating Santa Eulalia and Oura beaches. Surrounded by an abundance of bars, restaurants, and shops, and just a short stroll from the pristine beaches, this apartment offers unparalleled convenience.

Recently refreshed with new furnishings, the apartment gleams with cleanliness. Its most striking feature is undoubtedly the breathtaking sea view, framed by tropical trees and white rooftops against the azure sea. The south-west facing balcony invites you to bask in the sunshine, offering the perfect setting for sunset indulgence with a refreshing glass of wine.

Moreover, its ample width allows for delightful alfresco dining experiences. Comprising two spacious bedrooms, a generously proportioned open-plan kitchen/lounge equipped with Zanussi appliances, and one bathroom, the apartment exudes comfort and functionality. For those desiring an additional bathroom, it's easily feasible to convert one of the bedrooms, given their ample space.

While the apartment is vented for air conditioning, the external unit would need to be purchased and installed on the roof, although the current owner never found it necessary. The complex features a lift and allocated underground parking, along with a charming communal roof terrace ideal for sun-worshipping or enjoying New Year's Eve fireworks. Just one minute walk away is a wonderful communal pool area with an onsite bar/cafe for added convenience.

The pool is operated by the nearby hotel and is exclusively for residents and owners. There is a separate fee for entry but it's super value for such a super facility. In essence, this property offers the perfect blend of a vibrant locale and tranquil retreat, with mesmerising views and the added allure of a communal pool (fee payable).

Whether as a solid investment or a dream holiday home, it promises an exceptional living experience. Please note the technical configuration of this apartment is a studio apartment due to density regulations.
This exquisite top-floor apartment resides within the Pedras dos Bicos Apartments, nestled between the captivating Santa Eulalia and Oura beaches. The condominium is impeccably maintained, boasting a splendid communal pool area with an onsite bar/cafe for added convenience. This exquisite top-floor SEA VIEW apartment resides within the Pedras dos Bicos Apartments, nestled between the captivating Santa Eulalia and Oura beaches. Surrounded by an abundance of bars, restaurants, and shops, and just a short stroll from the pristine beaches, this apartment offers unparalleled convenience.

Recently refreshed with new furnishings, the apartment gleams with cleanliness. Its most striking feature is undoubtedly the breathtaking sea view, framed by tropical trees and white rooftops against the azure sea. The south-west facing balcony invites you to bask in the sunshine, offering the perfect setting for sunset indulgence with a refreshing glass of wine.

Moreover, its ample width allows for delightful alfresco dining experiences. Comprising two spacious bedrooms, a generously proportioned open-plan kitchen/lounge equipped with Zanussi appliances, and one bathroom, the apartment exudes comfort and functionality. For those desiring an additional bathroom, it's easily feasible to convert one of the bedrooms, given their ample space.

While the apartment is vented for air conditioning, the external unit would need to be purchased and installed on the roof, although the current owner never found it necessary. The complex features a lift and allocated underground parking, along with a charming communal roof terrace ideal for sun-worshipping or enjoying New Year's Eve fireworks. Just one minute walk away is a wonderful communal pool area with an onsite bar/cafe for added convenience.

The pool is operated by the nearby hotel and is exclusively for residents and owners. There is a separate fee for entry but it's super value for such a super facility. In essence, this property offers the perfect blend of a vibrant locale and tranquil retreat, with mesmerising views and the added allure of a communal pool (fee payable).

Whether as a solid investment or a dream holiday home, it promises an exceptional living experience. Please note the technical configuration of this apartment is a studio apartment due to density regulations.
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Property on Map

#OH2715

Currency Exchange

Albufeira, Faro, Portugal, 8200-381

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 €450,000 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
€450,000 £372,740 £386,753 £14,013
Property Price € €450,000
Minimum cost in the last six months £372,740
Maximum cost in the last six months £386,753
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,013

Albufeira, Faro, Portugal, 8200-381

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 €450,000 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
€450,000 £372,740 £386,753 £14,013
Property Price € €450,000
Minimum cost in the last six months £372,740
Maximum cost in the last six months £386,753
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,013

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 £14,013 more.

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