This spacious 2-bedroom flat is a unique opportunity to have your own permanent residence, or a holiday or investment home, thanks to its excellent location just a 5-minute walk from Praia Grande and the centre of the famous fishing village of Ferragudo

Lagoa (Algarve), Faro, Portugal

For Sale

€470,000

REF: 849804 €470,000


2

2

175 m2

Description

This spacious 2-bedroom flat is a unique opportunity to have your own permanent residence, or a holiday or investment home, thanks to its excellent location just a 5-minute walk from Praia Grande and the centre of the famous fishing village of Ferragudo. On the second and top floor of the small Prestige building, the flat faces north and east, all surrounded by an 18 m2 balcony and a 33 m2 terrace with an open view where you can enjoy the Algarve sun in total privacy with no view of the neighbours.

The flat has 175.6 m2 of gross floor area with an excellent distribution of rooms. A large entrance hall gives access to the social area comprising: a large dining and living room of 28 m2 with a fireplace and wood burning stove, a large separate kitchen of 15.25 m2 where meals can be taken, plus a pantry.

To the right of the entrance hall we have access via a corridor to the private part comprising two large en suite bedrooms of 20 m2 and 16 m2, equipped with wardrobes and private bathrooms. All the rooms have direct access to the outside of the house through sliding double-glazed windows, and are equipped with air conditioning units.

The building's huge roof terrace is equipped with several barbecues and tables for socialising with friends and enjoying the open sea views. On the basement floor, a large parking space with excellent access and a large storage room make this house perfectly equipped for a permanent residence. Perfectly equipped and furnished, ready to move into, this flat stands out for its very generous areas, natural light throughout the day, very large outdoor space and low maintenance.

If you're looking for a permanent residence, a holiday home in a quiet and secure private condominium, take a virtual tour of the flat via the link in the advert. Don't hesitate to contact us to arrange a private viewing and don't miss out on the chance to buy your dream home in the highly sought-after village of Ferragudo.

Location in a quiet residential area, just a few steps from the centre of the picturesque village of Ferragudo with shops, restaurants, gym, shops, the beautiful beaches of Lagoa and Carvoeiro, golf courses, and 40 mins from Faro International Airport. Ferragudo is a small, authentic Portuguese fishing village with 5 magnificent white sandy beaches, several restaurants, bars and national and international shops.

You can enjoy family walks or cycle rides to the beach. There are also taxis that take you directly to Praia da Rocha and Portimão Marina. This village offers one of the most beautiful postcard views of the Algarve. A hillside full of typical houses, a stone wall dividing the land from the sea that enters via a river almost to the inhabitants' doorstep.

At IAD we share business with any property consultant or agency. We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, please contact me and arrange a viewing. Please note that I am 100% available, by telephone or e-mail, to provide you with any further information about this property and to schedule a more detailed visit. *Sold furnished and equipped with the exception of some objects and furniture of sentimental value. #ref: 120076
This spacious 2-bedroom flat is a unique opportunity to have your own permanent residence, or a holiday or investment home, thanks to its excellent location just a 5-minute walk from Praia Grande and the centre of the famous fishing village of Ferragudo. On the second and top floor of the small Prestige building, the flat faces north and east, all surrounded by an 18 m2 balcony and a 33 m2 terrace with an open view where you can enjoy the Algarve sun in total privacy with no view of the neighbours.

The flat has 175.6 m2 of gross floor area with an excellent distribution of rooms. A large entrance hall gives access to the social area comprising: a large dining and living room of 28 m2 with a fireplace and wood burning stove, a large separate kitchen of 15.25 m2 where meals can be taken, plus a pantry.

To the right of the entrance hall we have access via a corridor to the private part comprising two large en suite bedrooms of 20 m2 and 16 m2, equipped with wardrobes and private bathrooms. All the rooms have direct access to the outside of the house through sliding double-glazed windows, and are equipped with air conditioning units.

The building's huge roof terrace is equipped with several barbecues and tables for socialising with friends and enjoying the open sea views. On the basement floor, a large parking space with excellent access and a large storage room make this house perfectly equipped for a permanent residence. Perfectly equipped and furnished, ready to move into, this flat stands out for its very generous areas, natural light throughout the day, very large outdoor space and low maintenance.

If you're looking for a permanent residence, a holiday home in a quiet and secure private condominium, take a virtual tour of the flat via the link in the advert. Don't hesitate to contact us to arrange a private viewing and don't miss out on the chance to buy your dream home in the highly sought-after village of Ferragudo.

Location in a quiet residential area, just a few steps from the centre of the picturesque village of Ferragudo with shops, restaurants, gym, shops, the beautiful beaches of Lagoa and Carvoeiro, golf courses, and 40 mins from Faro International Airport. Ferragudo is a small, authentic Portuguese fishing village with 5 magnificent white sandy beaches, several restaurants, bars and national and international shops.

You can enjoy family walks or cycle rides to the beach. There are also taxis that take you directly to Praia da Rocha and Portimão Marina. This village offers one of the most beautiful postcard views of the Algarve. A hillside full of typical houses, a stone wall dividing the land from the sea that enters via a river almost to the inhabitants' doorstep.

At IAD we share business with any property consultant or agency. We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, please contact me and arrange a viewing. Please note that I am 100% available, by telephone or e-mail, to provide you with any further information about this property and to schedule a more detailed visit. *Sold furnished and equipped with the exception of some objects and furniture of sentimental value. #ref: 120076
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Property on Map

#120076

Currency Exchange

Lagoa (Algarve), 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 €470,000 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
€470,000 £389,306 £403,942 £14,636
Property Price € €470,000
Minimum cost in the last six months £389,306
Maximum cost in the last six months £403,942
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,636

Lagoa (Algarve), 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 €470,000 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
€470,000 £389,306 £403,942 £14,636
Property Price € €470,000
Minimum cost in the last six months £389,306
Maximum cost in the last six months £403,942
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,636

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 £14,636 more.

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