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Discover this magnificent 62m² apartment, ideally facing south, dazzling you with its breathtaking view of the sea and the Albufeira marina, offering exceptional brightness throughout the day
Albufeira, Faro, Portugal
REF: 867454
€169,500
Description
Discover this magnificent 62m² apartment, ideally facing south, dazzling you with its breathtaking view of the sea and the Albufeira marina, offering exceptional brightness throughout the day. Its advantage is its 19m² terrace, perfect for your moments of relaxation and outdoor barbecues. Located high up in a good residential neighborhood, the building features a garden, a swimming pool, and an elevator. This apartment stands out for its strategic location, 850m from the old town, 1400m (20 minutes on foot) from Praia do Peneco, and close to several shops. The apartment consists of a large living area that includes a living and dining space, and a bedroom area separated by a glass block wall (which can easily be transformed into a bedroom). There is a fully equipped kitchen at your disposal and a bathroom with a bathtub. Situated in an exceptional setting, this apartment offers you a unique living environment with a stunning view. Whether you are looking for a main residence, a second home, or a rental investment, this apartment will meet all your expectations. Don’t miss this rare opportunity to become the owner of a beautiful apartment in a prime location. For more information or to arrange a visit, contact us today! #ref: 124412
Discover this magnificent 62m² apartment, ideally facing south, dazzling you with its breathtaking view of the sea and the Albufeira marina, offering exceptional brightness throughout the day. Its advantage is its 19m² terrace, perfect for your moments of relaxation and outdoor barbecues. Located high up in a good residential neighborhood, the building features a garden, a swimming pool, and an elevator. This apartment stands out for its strategic location, 850m from the old town, 1400m (20 minutes on foot) from Praia do Peneco, and close to several shops. The apartment consists of a large living area that includes a living and dining space, and a bedroom area separated by a glass block wall (which can easily be transformed into a bedroom). There is a fully equipped kitchen at your disposal and a bathroom with a bathtub. Situated in an exceptional setting, this apartment offers you a unique living environment with a stunning view. Whether you are looking for a main residence, a second home, or a rental investment, this apartment will meet all your expectations. Don’t miss this rare opportunity to become the owner of a beautiful apartment in a prime location. For more information or to arrange a visit, contact us today! #ref: 124412
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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 €169,500 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 |
|---|---|---|---|
| €169,500 | £141,004 | £145,875 | £4,871 |
| Property Price € | €169,500 |
| Minimum cost in the last six months | £141,004 |
| Maximum cost in the last six months | £145,875 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,871 |
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 €169,500 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 |
|---|---|---|---|
| €169,500 | £141,004 | £145,875 | £4,871 |
| Property Price € | €169,500 |
| Minimum cost in the last six months | £141,004 |
| Maximum cost in the last six months | £145,875 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,871 |
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 £4,871 more.
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