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Discover unparalleled luxury in this elegant one-bedroom apartment located on the second floor of the prestigious Ocean View building, near Albufeira Marina
Albufeira, Faro, Portugal
REF: 866295
€390,000
Description
Discover unparalleled luxury in this elegant one-bedroom apartment located on the second floor of the prestigious Ocean View building, near Albufeira Marina. With a total area of 61m² and a spacious 24m² balcony, this newly constructed property offers a perfect combination of modern design and comfort. The price includes high-quality furniture and decoration, making this apartment an ideal investment for those seeking a refined lifestyle or a lucrative rental opportunity. The apartment stands out for its brightness and airy atmosphere, and is equipped with air conditioning and built-in wardrobes to ensure year-round comfort. The spacious bedroom and open-plan living/dining room both have direct access to the balcony, where you can enjoy breathtaking views of Albufeira Marina and the sea. The fully equipped kitchen is ready to inspire your culinary creations. This property is part of a high-quality residence with a communal swimming pool, perfect for relaxing under the Algarve sun. Additional amenities include a parking space, an automatic garage door, and an elevator for added convenience. The energy-efficient design is highlighted by an A-rated energy certificate, ensuring sustainability. Furthermore, the apartment has a local accommodation license, representing an excellent profitable investment opportunity. Located just minutes from the vibrant city center, beaches, and renowned golf courses, this apartment offers the best of both worlds: a tranquil retreat with convenient access to all amenities and services. Experience the pinnacle of luxury at Ocean View, with stunning views over Albufeira Marina. #ref: 124341
Discover unparalleled luxury in this elegant one-bedroom apartment located on the second floor of the prestigious Ocean View building, near Albufeira Marina. With a total area of 61m² and a spacious 24m² balcony, this newly constructed property offers a perfect combination of modern design and comfort. The price includes high-quality furniture and decoration, making this apartment an ideal investment for those seeking a refined lifestyle or a lucrative rental opportunity. The apartment stands out for its brightness and airy atmosphere, and is equipped with air conditioning and built-in wardrobes to ensure year-round comfort. The spacious bedroom and open-plan living/dining room both have direct access to the balcony, where you can enjoy breathtaking views of Albufeira Marina and the sea. The fully equipped kitchen is ready to inspire your culinary creations. This property is part of a high-quality residence with a communal swimming pool, perfect for relaxing under the Algarve sun. Additional amenities include a parking space, an automatic garage door, and an elevator for added convenience. The energy-efficient design is highlighted by an A-rated energy certificate, ensuring sustainability. Furthermore, the apartment has a local accommodation license, representing an excellent profitable investment opportunity. Located just minutes from the vibrant city center, beaches, and renowned golf courses, this apartment offers the best of both worlds: a tranquil retreat with convenient access to all amenities and services. Experience the pinnacle of luxury at Ocean View, with stunning views over Albufeira Marina. #ref: 124341
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Currency Exchange
Albufeira, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
Albufeira, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
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 £12,145 more.
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