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2 Bedroom Penthouse, Central Albufeira
Albufeira, Faro, Portugal, 8200-112
REF: 857380
€650,000
Description
This exceptional penthouse in a new gated community offers an excellent opportunity as a permanent residence, investment, or holiday home close to Albufeira s vibrant amenities. The bright, open-plan kitchen is fitted with modern appliances and flows into a spacious living area, with large patio doors opening to a wrap-around terrace featuring a BBQ and outdoor kitchen.
The property includes a laundry room, a substantial double bedroom, and a family bathroom. The master bedroom boasts an en-.. Situated in a new gated community this exceptional penthouse presents an excellent opportunity as a permanent residence , investment or fantastic holiday home close to everything that this vibrant city has to offer.
Entering the property you are welcomed by a bright open plan kitchen, fitted with modern appliances, and a spacious living area. The large patio doors allow access onto a wrap-around terrace complete with its own barbeque and outdoor kitchen area perfect for outside dining or entertaining.
Upon leaving the living area/kitchen you will find a laundry room, a substantial double bedroom and family bathroom.
The master bedroom comes complete with an exceptional en-suite and built in wardrobes.
As you climb the marble staircase you find the ultimate in luxury as the rooftop terrace presents you with a covered seating area perfect to take shade from the all day sun. There is also a firepit and television to provide you with warmth and comfort as the sun sets.
The rooftop also comes with a jacuzzi ideal for entertaining or relaxing as you enjoy the distant sea views.
Complete with a communal heated pool, children's pool and playpark, solarium, equipped gym, and garage parking in the basement that includes sockets for charging electric vehicles, this property is sold fully furnished and ready to move into in the perfect location to enjoy what Albufeira has to offer, while also allowing a retreat from the busy, popular location.
Albufeira Green Residences is just 100 metres from the Hospital dos Lusíadas, 5 minutes from the centre of Albufeira, 10 minutes from the beach and 40 minutes from Faro international airport.
This exceptional penthouse in a new gated community offers an excellent opportunity as a permanent residence, investment, or holiday home close to Albufeira s vibrant amenities. The bright, open-plan kitchen is fitted with modern appliances and flows into a spacious living area, with large patio doors opening to a wrap-around terrace featuring a BBQ and outdoor kitchen.
The property includes a laundry room, a substantial double bedroom, and a family bathroom. The master bedroom boasts an en-.. Situated in a new gated community this exceptional penthouse presents an excellent opportunity as a permanent residence , investment or fantastic holiday home close to everything that this vibrant city has to offer.
Entering the property you are welcomed by a bright open plan kitchen, fitted with modern appliances, and a spacious living area. The large patio doors allow access onto a wrap-around terrace complete with its own barbeque and outdoor kitchen area perfect for outside dining or entertaining.
Upon leaving the living area/kitchen you will find a laundry room, a substantial double bedroom and family bathroom.
The master bedroom comes complete with an exceptional en-suite and built in wardrobes.
As you climb the marble staircase you find the ultimate in luxury as the rooftop terrace presents you with a covered seating area perfect to take shade from the all day sun. There is also a firepit and television to provide you with warmth and comfort as the sun sets.
The rooftop also comes with a jacuzzi ideal for entertaining or relaxing as you enjoy the distant sea views.
Complete with a communal heated pool, children's pool and playpark, solarium, equipped gym, and garage parking in the basement that includes sockets for charging electric vehicles, this property is sold fully furnished and ready to move into in the perfect location to enjoy what Albufeira has to offer, while also allowing a retreat from the busy, popular location.
Albufeira Green Residences is just 100 metres from the Hospital dos Lusíadas, 5 minutes from the centre of Albufeira, 10 minutes from the beach and 40 minutes from Faro international airport.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-112
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
Albufeira, Faro, Portugal, 8200-112
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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