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Townhouse T2+1 | with garage | Central Zone | Close to the beach
Albufeira, Faro, Portugal, 8200-380
REF: 871946
€350,000
Description
Townhouse with 3 bedrooms, garage in box near the beach of Olhos de Água. 2+1 bedroom townhouse, with garage, near the beach of Olhos de Água.
This villa is inserted in a small condominium and has 4 floors. On the ground floor is the kitchen, equipped and with access to a spacious terrace with BBQ. On the same floor, we have a bathroom with shower and a living/dining room, with fireplace and access to two more terraces.
On the first floor we have two bedrooms, with built-in wardrobes and each with access to a balcony/terrace. We also have a bathroom with a bathtub, which serves the rooms. Then in the attic, we have a spacious area, with natural light, which at the moment serves as a bedroom, but can be transformed into a work or leisure area, according to the needs of the future owner.
At the basement level, we have a garage with automatic gate and a storage room.
The villa is in need of some improvements, but it is operational.
Located in a central area, this villa is located within walking distance of the beach, making it perfect for those who like to enjoy the sun and the sea.
Excellent option to live or monetize.
Book your visit with us!
Condo fee: 50 per year
IMI: 350 per year
Townhouse with 3 bedrooms, garage in box near the beach of Olhos de Água. 2+1 bedroom townhouse, with garage, near the beach of Olhos de Água.
This villa is inserted in a small condominium and has 4 floors. On the ground floor is the kitchen, equipped and with access to a spacious terrace with BBQ. On the same floor, we have a bathroom with shower and a living/dining room, with fireplace and access to two more terraces.
On the first floor we have two bedrooms, with built-in wardrobes and each with access to a balcony/terrace. We also have a bathroom with a bathtub, which serves the rooms. Then in the attic, we have a spacious area, with natural light, which at the moment serves as a bedroom, but can be transformed into a work or leisure area, according to the needs of the future owner.
At the basement level, we have a garage with automatic gate and a storage room.
The villa is in need of some improvements, but it is operational.
Located in a central area, this villa is located within walking distance of the beach, making it perfect for those who like to enjoy the sun and the sea.
Excellent option to live or monetize.
Book your visit with us!
Condo fee: 50 per year
IMI: 350 per year
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Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-380
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
Albufeira, Faro, Portugal, 8200-380
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
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 £10,899 more.
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