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Just a few minutes' walk from Praia da Rocha, and the Marina, there is this coastal area, full of life, with a great diversity of restaurants, shops, bars, where we can find this extraordinary 2-bedroom apartment with sea views, in Portimão, Algarve
Portimão, Portugal
REF: 881378
€585,000
Description
Just a few minutes' walk from Praia da Rocha, and the Marina, there is this coastal area, full of life, with a great diversity of restaurants, shops, bars, where we can find this extraordinary 2-bedroom apartment with sea views, in Portimão, Algarve. It is on the 7th floor, which offers exceptional views of the city, the sea and the River Arade. The apartment offers modernity, functionality, comfort and privacy. This is a new apartment with two bedrooms, one is en suite, there is an additional bathroom, a large entrance hall, which leads directly to the open-plan living area, the large and bright living and dining room, connecting to the kitchen, which is fully equipped with top-of-the-range appliances. With a large balcony that wraps around both fronts of the apartment, it offers unobstructed views over the Marina Portimão, the beautiful nearby fishing village of Ferragudo and the River Arade. On the roof of the building, there is a communal rooftop with ample space to relax and enjoy the pool, surrounded by the stunning views. The apartment also includes a parking space in the garage. With an excellent, central location, with easy access to various beaches, shops and services, this is a good option for a permanent residence or as a second home. CHARACTERISTICS:Area: 144 m2 | 1 546 sq ftUseful area: 88 m2 | 952 sq ftBedrooms: 2Bathrooms: 2Garage: 1Energy efficiency: BFEATURES:2 bedrooms Equipped kitchen Balcony Rooftop Swimming pool Garage 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
Just a few minutes' walk from Praia da Rocha, and the Marina, there is this coastal area, full of life, with a great diversity of restaurants, shops, bars, where we can find this extraordinary 2-bedroom apartment with sea views, in Portimão, Algarve. It is on the 7th floor, which offers exceptional views of the city, the sea and the River Arade. The apartment offers modernity, functionality, comfort and privacy. This is a new apartment with two bedrooms, one is en suite, there is an additional bathroom, a large entrance hall, which leads directly to the open-plan living area, the large and bright living and dining room, connecting to the kitchen, which is fully equipped with top-of-the-range appliances. With a large balcony that wraps around both fronts of the apartment, it offers unobstructed views over the Marina Portimão, the beautiful nearby fishing village of Ferragudo and the River Arade. On the roof of the building, there is a communal rooftop with ample space to relax and enjoy the pool, surrounded by the stunning views. The apartment also includes a parking space in the garage. With an excellent, central location, with easy access to various beaches, shops and services, this is a good option for a permanent residence or as a second home. CHARACTERISTICS:Area: 144 m2 | 1 546 sq ftUseful area: 88 m2 | 952 sq ftBedrooms: 2Bathrooms: 2Garage: 1Energy efficiency: BFEATURES:2 bedrooms Equipped kitchen Balcony Rooftop Swimming pool Garage 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
Portimão, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £481,982 | £502,778 | £20,797 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £481,982 |
| Maximum cost in the last six months | £502,778 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,797 |
Portimão, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £481,982 | £502,778 | £20,797 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £481,982 |
| Maximum cost in the last six months | £502,778 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,797 |
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 £20,797 more.
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