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We present this cozy 1-bedroom apartment with parking space, located in the prestigious Praia Mar building just 5 minutes from the stunning Praia dos 3 Castelos, Praia do Amado and Praia da Rocha in the Algarve
Portimão, Faro, Portugal
REF: 866290
€225,000
Description
We present this cozy 1-bedroom apartment with parking space, located in the prestigious Praia Mar building just 5 minutes from the stunning Praia dos 3 Castelos, Praia do Amado and Praia da Rocha in the Algarve. Apartment features -Type: T1 (1 Bedroom) -3rd floor facing east -Private living area: 64m2 well distributed, optimizing each space for maximum comfort -Air conditioning/living room -Brightness: Ample natural light, creating a welcoming and pleasant atmosphere in every room Main Attributes -Condominium with swimming pool and leisure areas -2 Balconies: Spacious, with sea views, perfect for enjoying al fresco meals, relaxing or watching the sunset -Garage space: private in the basement of the building, providing convenience and security for your vehicle -Equipped Kitchen: With all the necessary appliances, including fridge, hob, microwave and washing machine, ready for immediate use -Bedroom with built-in closet -Furnished: The apartment is fully and tastefully furnished, ready to move into or rent out Additional Details This property combines comfort and a privileged location, ideal for those who want to enjoy the best that life by the sea has to offer. Location: Just 300 meters from the iconic Praia da Rocha, one of the Algarve's most famous and sought-after beaches, known for its crystal-clear waters and long stretches of golden sand. -Condominium: Well-kept, with elevator and 24-hour security. -Proximity: Close to all essential amenities, such as restaurants, cafés, supermarkets, stores and public transportation, ensuring practical and convenient living Benefits -Quality of Life: Live just a few steps from the beach and enjoy a healthy and relaxed lifestyle, with the possibility of walks by the sea and sunbathing whenever you wish. -Safe Investment: Excellent opportunity for vacation rentals or for your own residence, given the high tourist demand in the region. Don't miss out and be surprised! #ref: 123912
We present this cozy 1-bedroom apartment with parking space, located in the prestigious Praia Mar building just 5 minutes from the stunning Praia dos 3 Castelos, Praia do Amado and Praia da Rocha in the Algarve. Apartment features -Type: T1 (1 Bedroom) -3rd floor facing east -Private living area: 64m2 well distributed, optimizing each space for maximum comfort -Air conditioning/living room -Brightness: Ample natural light, creating a welcoming and pleasant atmosphere in every room Main Attributes -Condominium with swimming pool and leisure areas -2 Balconies: Spacious, with sea views, perfect for enjoying al fresco meals, relaxing or watching the sunset -Garage space: private in the basement of the building, providing convenience and security for your vehicle -Equipped Kitchen: With all the necessary appliances, including fridge, hob, microwave and washing machine, ready for immediate use -Bedroom with built-in closet -Furnished: The apartment is fully and tastefully furnished, ready to move into or rent out Additional Details This property combines comfort and a privileged location, ideal for those who want to enjoy the best that life by the sea has to offer. Location: Just 300 meters from the iconic Praia da Rocha, one of the Algarve's most famous and sought-after beaches, known for its crystal-clear waters and long stretches of golden sand. -Condominium: Well-kept, with elevator and 24-hour security. -Proximity: Close to all essential amenities, such as restaurants, cafés, supermarkets, stores and public transportation, ensuring practical and convenient living Benefits -Quality of Life: Live just a few steps from the beach and enjoy a healthy and relaxed lifestyle, with the possibility of walks by the sea and sunbathing whenever you wish. -Safe Investment: Excellent opportunity for vacation rentals or for your own residence, given the high tourist demand in the region. Don't miss out and be surprised! #ref: 123912
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Currency Exchange
Portimão, 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 €225,000 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 |
|---|---|---|---|
| €225,000 | £188,847 | £194,076 | £5,229 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £188,847 |
| Maximum cost in the last six months | £194,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,229 |
Portimão, 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 €225,000 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 |
|---|---|---|---|
| €225,000 | £188,847 | £194,076 | £5,229 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £188,847 |
| Maximum cost in the last six months | £194,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,229 |
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 £5,229 more.
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