RARE OPPORTUNITY – Stunning 1-Bedroom Apartment in Vila Nova de Cacela! Looking for a beachside retreat or a profitable investment? This 1-bedroom apartment, just 1

Vila Real de Santo António, Faro, Portugal

For Sale

€280,000

REF: 855231 €280,000


1

2


93 m2

Description

RARE OPPORTUNITY – Stunning 1-Bedroom Apartment in Vila Nova de Cacela! Looking for a beachside retreat or a profitable investment? This 1-bedroom apartment, just 1.2 km from Manta Rota Beach, is an unmissable opportunity! Perfect Location ✔ 40 minutes from Faro Airport and 15 minutes from Spain ✔ Situated on the 2nd floor of a modern building (2017, still under warranty) ✔ Close to shops, the market, and public transport A Comfortable, Ready-to-Move-In Apartment ✅ Total area: 93.49 m², with 79.04 m² of usable space ✅ Entrance hall with built-in wardrobe ✅ Bright and spacious living room with access to a balcony with BBQ – perfect for relaxing evenings ✅ Fully equipped kitchen, ready to use ✅ Large bedroom with private bathroom and built-in wardrobe ✅ Additional bathroom with a window ✨ Apartment Highlights Reversible air conditioning for year-round comfort Double-glazed windows for sound and thermal insulation Private parking space in the garage Reinforced door and video intercom for maximum security Mains gas Fully furnished – move in immediately! A High-Quality Residence ✔ Saltwater swimming pool with changing rooms ✔ Elevator for added convenience ✔ A safe and peaceful environment A Smart Investment This property is perfect for: ✅ Living year-round in a privileged location ✅ A holiday home close to the beach ✅ High rental income, thanks to strong demand in the area BONUS: Under 35 and buying your first home? You are exempt from IMT and stamp duty – an opportunity to save big! Don’t miss out! Contact us now for a viewing – this apartment won’t stay on the market for long! #ref: 122787
RARE OPPORTUNITY – Stunning 1-Bedroom Apartment in Vila Nova de Cacela! Looking for a beachside retreat or a profitable investment? This 1-bedroom apartment, just 1.2 km from Manta Rota Beach, is an unmissable opportunity! Perfect Location ✔ 40 minutes from Faro Airport and 15 minutes from Spain ✔ Situated on the 2nd floor of a modern building (2017, still under warranty) ✔ Close to shops, the market, and public transport A Comfortable, Ready-to-Move-In Apartment ✅ Total area: 93.49 m², with 79.04 m² of usable space ✅ Entrance hall with built-in wardrobe ✅ Bright and spacious living room with access to a balcony with BBQ – perfect for relaxing evenings ✅ Fully equipped kitchen, ready to use ✅ Large bedroom with private bathroom and built-in wardrobe ✅ Additional bathroom with a window ✨ Apartment Highlights Reversible air conditioning for year-round comfort Double-glazed windows for sound and thermal insulation Private parking space in the garage Reinforced door and video intercom for maximum security Mains gas Fully furnished – move in immediately! A High-Quality Residence ✔ Saltwater swimming pool with changing rooms ✔ Elevator for added convenience ✔ A safe and peaceful environment A Smart Investment This property is perfect for: ✅ Living year-round in a privileged location ✅ A holiday home close to the beach ✅ High rental income, thanks to strong demand in the area BONUS: Under 35 and buying your first home? You are exempt from IMT and stamp duty – an opportunity to save big! Don’t miss out! Contact us now for a viewing – this apartment won’t stay on the market for long! #ref: 122787
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#122787

Currency Exchange

Vila Real de Santo António, 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 €280,000 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
€280,000 £230,692 £236,905 £6,213
Property Price € €280,000
Minimum cost in the last six months £230,692
Maximum cost in the last six months £236,905
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,213

Vila Real de Santo António, 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 €280,000 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
€280,000 £230,692 £236,905 £6,213
Property Price € €280,000
Minimum cost in the last six months £230,692
Maximum cost in the last six months £236,905
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,213

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 £6,213 more.

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