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Prime located beautifully renovated villa with pool and sea views
Albufeira, Faro, Portugal, 8200-115
REF: 867144
€975,000
Description
A beautifully refurbished semi-detached private home boasting spectacular ocean views, a heated saltwater plunge pool, three double bedrooms, and an additional study/guest room.The property includes a spacious living room, a sleek modern kitchen, and breathtaking views from most rooms and outdoor terraces. Situated on the coast in the upmarket neighbourhood of Cerro Grande, west Albufeira, this is a truly beautiful home with stunning ocean views that have been subject to a complete, quality renovation throughout, including the addition of a heated saltwater plunge pool on an elevated, glass-fronted deck.
Due to the terrain, this well-designed and constructed home has been arranged over four levels and is in a quiet cul-de-sac. It is perfect for permanent residence or possible holiday rental investment, subject to AL licensing.
On the elevated ground floor is a large living/dining room with terracotta flooring, a wood burner and a modern, fully equipped kitchen adjacent. These rooms lead to a covered terrace with steps leading to the pool, deck, and raised dining terrace with stunning ocean views. An occasional bedroom or study with an ensuite shower room is also on this level.
Granite stairs rise gently to the first floor, where you€™ll find three air-conditioned bedrooms, one with an ensuite shower room. The two south-facing bedrooms have amazing sea views, and the third has a sea-view balcony. Adjacent is a renovated family bathroom with a walk-in shower.
A roof terrace with glazed balustrade and solar water heating panels has plenty of space for daytime relaxation or sunset entertaining with cocktails.
The house has a lower level with a garage, a carport for two cars, and a storage/utility area. All local amenities are located within a five-minute walk, along with our offices and the Cerro Novo Property Management and Rentals team.
The beach and Marina can be reached on foot within ten minutes.
A beautifully refurbished semi-detached private home boasting spectacular ocean views, a heated saltwater plunge pool, three double bedrooms, and an additional study/guest room.The property includes a spacious living room, a sleek modern kitchen, and breathtaking views from most rooms and outdoor terraces. Situated on the coast in the upmarket neighbourhood of Cerro Grande, west Albufeira, this is a truly beautiful home with stunning ocean views that have been subject to a complete, quality renovation throughout, including the addition of a heated saltwater plunge pool on an elevated, glass-fronted deck.
Due to the terrain, this well-designed and constructed home has been arranged over four levels and is in a quiet cul-de-sac. It is perfect for permanent residence or possible holiday rental investment, subject to AL licensing.
On the elevated ground floor is a large living/dining room with terracotta flooring, a wood burner and a modern, fully equipped kitchen adjacent. These rooms lead to a covered terrace with steps leading to the pool, deck, and raised dining terrace with stunning ocean views. An occasional bedroom or study with an ensuite shower room is also on this level.
Granite stairs rise gently to the first floor, where you€™ll find three air-conditioned bedrooms, one with an ensuite shower room. The two south-facing bedrooms have amazing sea views, and the third has a sea-view balcony. Adjacent is a renovated family bathroom with a walk-in shower.
A roof terrace with glazed balustrade and solar water heating panels has plenty of space for daytime relaxation or sunset entertaining with cocktails.
The house has a lower level with a garage, a carport for two cars, and a storage/utility area. All local amenities are located within a five-minute walk, along with our offices and the Cerro Novo Property Management and Rentals team.
The beach and Marina can be reached on foot within ten minutes.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-115
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 €975,000 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 |
|---|---|---|---|
| €975,000 | £807,602 | £837,964 | £30,362 |
| Property Price € | €975,000 |
| Minimum cost in the last six months | £807,602 |
| Maximum cost in the last six months | £837,964 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,362 |
Albufeira, Faro, Portugal, 8200-115
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 €975,000 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 |
|---|---|---|---|
| €975,000 | £807,602 | £837,964 | £30,362 |
| Property Price € | €975,000 |
| Minimum cost in the last six months | £807,602 |
| Maximum cost in the last six months | £837,964 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,362 |
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 £30,362 more.
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