Lovely 2 bedroom apartment in a luxury resort 500 meters from Altura beach, Algarve

Castro Marim, Faro, Portugal, 8950-434

For Sale

€820,000

REF: 833554 €820,000


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Description

Luxurious, refined 2 bedroom apartment that combines sophistication and sustainability. Spacious areas, stunning terraces and access to exclusive amenities. 500 meters from the beach. Fantastic 2 bedroom apartment offering luxurious spaces and located in the luxurious and new resort of Verdelago, this apartment is sold furnished and equipped.

It presents a strong commitment to nature where the apartment's design principles incorporate luminosity, decoration, materials, sustainability, sophistication and good taste. The apartment has 83 sq.m. of interior area plus approx. 12 sq.m. of terraces and a private garden of 30 sq.m. with direct access to the pool area. It consists of an entrance hall, a living room with an open-plan kitchen, two bedrooms with private bathrooms and another guest bathroom.

It also has two terraces with excellent sun exposure. It comes equipped with double glazing, air conditioning, electric shutters and solar panels. Furthermore, there is also parking for one car in the basement. The tranquility and quality of the materials used are the hallmark of the apartment. The resort offers a wide range of services and amenities that will make your life comfortable every day.

Life can unfold in activities and experiences, in pleasure and excitement for everyone. Therefore, we have a series of services and amenities such as: village club, beach, green park, sports complex, pedestrian walkways, a lake, babysitting and kids club, home care, security, wellness, bars and restaurants and an open market. Permanent security, cleaning and maintenance are also provided.

The services provided ensure the protection of the potential of the condominiums and their proper functioning. Services include security, cleaning, waste collection and treatment, pool maintenance, regeneration, cleaning and maintenance of all the resort's green areas and circulation paths. The apartments offer an exceptional and unique investment opportunity, located in an exclusive, bio-diverse and luxurious environment close to the sea, and with a growing demand for housing and accommodation in the region. For all these reasons, it is a safe investment, with guaranteed profitability.
Luxurious, refined 2 bedroom apartment that combines sophistication and sustainability. Spacious areas, stunning terraces and access to exclusive amenities. 500 meters from the beach. Fantastic 2 bedroom apartment offering luxurious spaces and located in the luxurious and new resort of Verdelago, this apartment is sold furnished and equipped.

It presents a strong commitment to nature where the apartment's design principles incorporate luminosity, decoration, materials, sustainability, sophistication and good taste. The apartment has 83 sq.m. of interior area plus approx. 12 sq.m. of terraces and a private garden of 30 sq.m. with direct access to the pool area. It consists of an entrance hall, a living room with an open-plan kitchen, two bedrooms with private bathrooms and another guest bathroom.

It also has two terraces with excellent sun exposure. It comes equipped with double glazing, air conditioning, electric shutters and solar panels. Furthermore, there is also parking for one car in the basement. The tranquility and quality of the materials used are the hallmark of the apartment. The resort offers a wide range of services and amenities that will make your life comfortable every day.

Life can unfold in activities and experiences, in pleasure and excitement for everyone. Therefore, we have a series of services and amenities such as: village club, beach, green park, sports complex, pedestrian walkways, a lake, babysitting and kids club, home care, security, wellness, bars and restaurants and an open market. Permanent security, cleaning and maintenance are also provided.

The services provided ensure the protection of the potential of the condominiums and their proper functioning. Services include security, cleaning, waste collection and treatment, pool maintenance, regeneration, cleaning and maintenance of all the resort's green areas and circulation paths. The apartments offer an exceptional and unique investment opportunity, located in an exclusive, bio-diverse and luxurious environment close to the sea, and with a growing demand for housing and accommodation in the region. For all these reasons, it is a safe investment, with guaranteed profitability.
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Property on Map

#A247883M

Currency Exchange

Castro Marim, Faro, Portugal, 8950-434

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 €820,000 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
€820,000 £679,214 £704,749 £25,535
Property Price € €820,000
Minimum cost in the last six months £679,214
Maximum cost in the last six months £704,749
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,535

Castro Marim, Faro, Portugal, 8950-434

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 €820,000 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
€820,000 £679,214 £704,749 £25,535
Property Price € €820,000
Minimum cost in the last six months £679,214
Maximum cost in the last six months £704,749
Fluctuating exchange rates over the last six months could have increased the cost of this property by £25,535

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 £25,535 more.

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