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New two-bedroom apartment in the Saramago Condominium, with swimming pool and gardens, next to the Olhão marina and the Ria Formosa, in the Algarve
Olhão, Portugal
REF: 857556
€400,000
Description
New two-bedroom apartment in the Saramago Condominium, with swimming pool and gardens, next to the Olhão marina and the Ria Formosa, in the Algarve. The apartments are furnished and decorated, with a fully equipped kitchen, spacious and well-distributed areas, with bright spaces and balconies. The living areas have a master suite, built-in closets and a balcony, as well as modern bath rooms with suspended sanitary ware. The Saramago Condominium includes a fitness center, a concierge service, private parking, a garden and an outdoor swimming pool in a peaceful setting, just a short distance from Olhão marina and Fuseta beach. All the surroundings allow you to relax and enjoy the authentic atmosphere of the eastern Algarve, known for its great natural beauty. Nearby you'll find a wide range of shops and services, particularly restaurants offering typical Algarvian cuisine. Only 15 km from Faro International Airport, 18 km from golf courses and 55 km from Spain. Saramago Condominium has a property management service that ensures a profitable and worry-free investment for investors, while guaranteeing a high-quality experience for owners and visitors, making it an excellent investment opportunity and an irresistible vacation spot. CHARACTERISTICS:Area: 101 m2 | 1 089 sq ftUseful area: 84 m2 | 906 sq ftBedrooms: 2Bathrooms: 2Garage: 1Energy efficiency: A+FEATURES:New apartment Furnished Decorated Equipped kitchen Bright spaces Balcony Built-in closet Swimming pool Parking Concierge service Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
New two-bedroom apartment in the Saramago Condominium, with swimming pool and gardens, next to the Olhão marina and the Ria Formosa, in the Algarve. The apartments are furnished and decorated, with a fully equipped kitchen, spacious and well-distributed areas, with bright spaces and balconies. The living areas have a master suite, built-in closets and a balcony, as well as modern bath rooms with suspended sanitary ware. The Saramago Condominium includes a fitness center, a concierge service, private parking, a garden and an outdoor swimming pool in a peaceful setting, just a short distance from Olhão marina and Fuseta beach. All the surroundings allow you to relax and enjoy the authentic atmosphere of the eastern Algarve, known for its great natural beauty. Nearby you'll find a wide range of shops and services, particularly restaurants offering typical Algarvian cuisine. Only 15 km from Faro International Airport, 18 km from golf courses and 55 km from Spain. Saramago Condominium has a property management service that ensures a profitable and worry-free investment for investors, while guaranteeing a high-quality experience for owners and visitors, making it an excellent investment opportunity and an irresistible vacation spot. CHARACTERISTICS:Area: 101 m2 | 1 089 sq ftUseful area: 84 m2 | 906 sq ftBedrooms: 2Bathrooms: 2Garage: 1Energy efficiency: A+FEATURES:New apartment Furnished Decorated Equipped kitchen Bright spaces Balcony Built-in closet Swimming pool Parking Concierge service Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Olhão, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
Olhão, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
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 £12,456 more.
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