Apartment walking distance to the fisherman beach

Albufeira, Faro, Portugal, 8200-134

For Sale

€200,000

REF: 869367 €200,000


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Description

Apartment with one bedroom, two bathrooms, two pantries and open kitchen with balcony for living dining room. Located in the heart of Albufeira, this renovated apartment is the perfect beachfront getaway. It consists of a spacious bedroom, two bathrooms, two pantries and an open kitchen with a counter for the living/dining room. With a communal swimming pool, air conditioning, roof terrace, this apartment offers not only comfort and convenience, but also a lifestyle.

Built in 1989, the building retains its original charm but has been carefully updated to meet the modern needs of the owners. The proximity to the beach, located within walking distance, and the central location make this property a unique opportunity to enjoy all that Albufeira has to offer. Don't waste any more time and book your visit with us. IMI: 308 per year Condo fee: 152 per month
Apartment with one bedroom, two bathrooms, two pantries and open kitchen with balcony for living dining room. Located in the heart of Albufeira, this renovated apartment is the perfect beachfront getaway. It consists of a spacious bedroom, two bathrooms, two pantries and an open kitchen with a counter for the living/dining room. With a communal swimming pool, air conditioning, roof terrace, this apartment offers not only comfort and convenience, but also a lifestyle.

Built in 1989, the building retains its original charm but has been carefully updated to meet the modern needs of the owners. The proximity to the beach, located within walking distance, and the central location make this property a unique opportunity to enjoy all that Albufeira has to offer. Don't waste any more time and book your visit with us. IMI: 308 per year Condo fee: 152 per month
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Property on Map

#CA25-221

Currency Exchange

Albufeira, Faro, Portugal, 8200-134

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 €200,000 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
€200,000 £165,662 £171,890 £6,228
Property Price € €200,000
Minimum cost in the last six months £165,662
Maximum cost in the last six months £171,890
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,228

Albufeira, Faro, Portugal, 8200-134

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 €200,000 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
€200,000 £165,662 £171,890 £6,228
Property Price € €200,000
Minimum cost in the last six months £165,662
Maximum cost in the last six months £171,890
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,228

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 £6,228 more.

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