Brand new Ground floor apartments within exclusive development

Albufeira, Faro, Portugal, 8200-392 Albufeira

For Sale

€695,000

REF: 835534 €695,000


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2

Description

Under construction. Luxury low-rise apartments between Albufeira and Guia. Each Two (1+1) bedroom apartment has a private pool, underground parking, and lift access. Eco A Rated with low-maintenance gardens. Situated to the west of Albufeira, a little inland from the coast, this development benefits from an elevated position with panoramic countryside and distant sea views.  The eco-sensitive development comprises €˜A Rated€™ luxury apartments, townhouses, and bespoke villas, boasting a range of complementary facilities and services like a clubhouse, concierge service, gym, spa and bistro. Currently, under construction, these smart home-ready properties are now released, with plans and site visit now available via Cerro Novo. Superb, new apartments with a generous layout occupying the ground floor of a duplex building in this high-quality, landmark development.

Benefitting from a private swimming pool, easily maintained gardens, and underground car parking, these excellent apartments will suit a wide variety of owner-occupiers, second homeowners, or investors. Designed for A-Rated energy efficiency and with pre-installation of inverter air-conditioning- Mitsubishi Electric all in one air-conditioning and heating system ensure higher standards of indoor air quality, lower noise levels and a drastic reduction in running costs.

These apartments are designed for a healthy lifestyle indoors and out. Each installation is compatible with SmartHome networked technology for remote monitoring and maintenance. There are two bedrooms in a T1+1 configuration, with both the principal suite and studio room benefitting from access to a private terrace. The main open plan living /dining room and fully equipped kitchen are flooded with natural light and finished to an exacting specification, with natural flooring and floor to ceiling glazing. A passenger lift serves all floors.
Under construction. Luxury low-rise apartments between Albufeira and Guia. Each Two (1+1) bedroom apartment has a private pool, underground parking, and lift access. Eco A Rated with low-maintenance gardens. Situated to the west of Albufeira, a little inland from the coast, this development benefits from an elevated position with panoramic countryside and distant sea views.  The eco-sensitive development comprises €˜A Rated€™ luxury apartments, townhouses, and bespoke villas, boasting a range of complementary facilities and services like a clubhouse, concierge service, gym, spa and bistro. Currently, under construction, these smart home-ready properties are now released, with plans and site visit now available via Cerro Novo. Superb, new apartments with a generous layout occupying the ground floor of a duplex building in this high-quality, landmark development.

Benefitting from a private swimming pool, easily maintained gardens, and underground car parking, these excellent apartments will suit a wide variety of owner-occupiers, second homeowners, or investors. Designed for A-Rated energy efficiency and with pre-installation of inverter air-conditioning- Mitsubishi Electric all in one air-conditioning and heating system ensure higher standards of indoor air quality, lower noise levels and a drastic reduction in running costs.

These apartments are designed for a healthy lifestyle indoors and out. Each installation is compatible with SmartHome networked technology for remote monitoring and maintenance. There are two bedrooms in a T1+1 configuration, with both the principal suite and studio room benefitting from access to a private terrace. The main open plan living /dining room and fully equipped kitchen are flooded with natural light and finished to an exacting specification, with natural flooring and floor to ceiling glazing. A passenger lift serves all floors.
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Property on Map

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Currency Exchange

Albufeira, Faro, Portugal, 8200-392 Albufeira

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 €695,000 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
€695,000 £575,675 £597,318 £21,642
Property Price € €695,000
Minimum cost in the last six months £575,675
Maximum cost in the last six months £597,318
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,642

Albufeira, Faro, Portugal, 8200-392 Albufeira

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 €695,000 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
€695,000 £575,675 £597,318 £21,642
Property Price € €695,000
Minimum cost in the last six months £575,675
Maximum cost in the last six months £597,318
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,642

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 £21,642 more.

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