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Studio apartment with sea views, in the well-known Albufeira Jardim development, 5 meters walk from the beach, the marina and the historic center
Albufeira, Faro, Portugal
REF: 892795
€179,000
Description
Studio apartment with sea views, in the well-known Albufeira Jardim development, 5 meters walk from the beach, the marina and the historic center. Completely renovated in 2023, with modern, top-quality finishes, it has double glazing and PVC window frames. The apartment is on the 1st floor, in the highest part of the condominium and faces south. Main features: - Large area with excellent use of space for the living room and bedroom area - Fully-equipped kitchen with hob, Candy cooker hood, washing machine, fridge and a new thermo-accumulator with a 3-year guarantee, - Bathroom with modern finish - Balcony perfect for relaxing and enjoying the sea view and the mild climate of the Algarve Other details: - Set in large green areas - Two swimming pools (adults and children) - Restaurants - Bars - Tennis courts - Maintenance circuit. - Easy and accessible parking. Located 650m from shops, public transport and close to the beaches of Galé, Salgados and the golf course. This is an excellent business opportunity due to its central location, whether you want to live in it or rent it out, where rentals are highly sought after, with a high cost/benefit ratio. Take advantage of the unique location and all the comfort this property offers. At IAD we can share business with any real estate agent. We have a virtual showcase concept for our properties on more than 200 real estate portals, both nationally and internationally. I look forward to hearing from you if you have any questions or if you would like to schedule a visit, either in person or virtually. NEGOTIABLE #ref: 128414
Studio apartment with sea views, in the well-known Albufeira Jardim development, 5 meters walk from the beach, the marina and the historic center. Completely renovated in 2023, with modern, top-quality finishes, it has double glazing and PVC window frames. The apartment is on the 1st floor, in the highest part of the condominium and faces south. Main features: - Large area with excellent use of space for the living room and bedroom area - Fully-equipped kitchen with hob, Candy cooker hood, washing machine, fridge and a new thermo-accumulator with a 3-year guarantee, - Bathroom with modern finish - Balcony perfect for relaxing and enjoying the sea view and the mild climate of the Algarve Other details: - Set in large green areas - Two swimming pools (adults and children) - Restaurants - Bars - Tennis courts - Maintenance circuit. - Easy and accessible parking. Located 650m from shops, public transport and close to the beaches of Galé, Salgados and the golf course. This is an excellent business opportunity due to its central location, whether you want to live in it or rent it out, where rentals are highly sought after, with a high cost/benefit ratio. Take advantage of the unique location and all the comfort this property offers. At IAD we can share business with any real estate agent. We have a virtual showcase concept for our properties on more than 200 real estate portals, both nationally and internationally. I look forward to hearing from you if you have any questions or if you would like to schedule a visit, either in person or virtually. NEGOTIABLE #ref: 128414
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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 €179,000 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 |
|---|---|---|---|
| €179,000 | £148,267 | £153,842 | £5,574 |
| Property Price € | €179,000 |
| Minimum cost in the last six months | £148,267 |
| Maximum cost in the last six months | £153,842 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,574 |
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 €179,000 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 |
|---|---|---|---|
| €179,000 | £148,267 | £153,842 | £5,574 |
| Property Price € | €179,000 |
| Minimum cost in the last six months | £148,267 |
| Maximum cost in the last six months | £153,842 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,574 |
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 £5,574 more.
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