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A few meters from Praia dos Pescadores, in Armação de Pera, Algarve, we find this modern two-bedroom apartment, fully equipped and furnished
Silves, Portugal
REF: 881105
€490,000
Description
A few meters from Praia dos Pescadores, in Armação de Pera, Algarve, we find this modern two-bedroom apartment, fully equipped and furnished. The apartment is part of a new development called Bayline, made up of 5 apartment blocks. The apartment is part of one of the most ambitious projects to be built in Armação de Pêra in recent years. Designed by a renowned architectural firm, Bayline was conceived to combine comfort and functionality with luxury and high quality construction, with attention to detail. This fantastic apartment consists of two bedrooms with fitted closets, one with a private bathroom, a fully equipped kitchen that connects the living room in a harmoniously practical open space. Both bedrooms and the living area have access to the large balcony, making the most of the views and the excellent climate. The apartment has large windows, naturally illuminating the rooms, as well as electric shutters. The development offers residents exclusive use of an outdoor swimming pool, a Spa with a heated indoor pool, sauna, Turkish bath and gym. Residents can also take advantage of the 24-hour reception and private parking with a charging station for electric vehicles. With an excellent location, next to the beach, in a central area and close to the Salgados nature reserve, these are more than enough reasons to consider this apartment an excellent investment option. CHARACTERISTICS:Area: 128 m2 | 1 383 sq ftUseful area: 87 m2 | 934 sq ftBedrooms: 2Bathrooms: 2Energy efficiency: BFEATURES:2 bedrooms Equipped kitchen Balcony Private parking Indoor and outdoor pool Gym Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
A few meters from Praia dos Pescadores, in Armação de Pera, Algarve, we find this modern two-bedroom apartment, fully equipped and furnished. The apartment is part of a new development called Bayline, made up of 5 apartment blocks. The apartment is part of one of the most ambitious projects to be built in Armação de Pêra in recent years. Designed by a renowned architectural firm, Bayline was conceived to combine comfort and functionality with luxury and high quality construction, with attention to detail. This fantastic apartment consists of two bedrooms with fitted closets, one with a private bathroom, a fully equipped kitchen that connects the living room in a harmoniously practical open space. Both bedrooms and the living area have access to the large balcony, making the most of the views and the excellent climate. The apartment has large windows, naturally illuminating the rooms, as well as electric shutters. The development offers residents exclusive use of an outdoor swimming pool, a Spa with a heated indoor pool, sauna, Turkish bath and gym. Residents can also take advantage of the 24-hour reception and private parking with a charging station for electric vehicles. With an excellent location, next to the beach, in a central area and close to the Salgados nature reserve, these are more than enough reasons to consider this apartment an excellent investment option. CHARACTERISTICS:Area: 128 m2 | 1 383 sq ftUseful area: 87 m2 | 934 sq ftBedrooms: 2Bathrooms: 2Energy efficiency: BFEATURES:2 bedrooms Equipped kitchen Balcony Private parking Indoor and outdoor pool Gym Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Silves, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
Silves, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
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 £15,259 more.
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