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Room | Gramacho Residences 3008
Lagoa, Faro, Portugal
REF: 895354
€140,000
Description
Charming Room with Private Bathroom and Terrace in Resort Near Gramacho Golf Course This cozy and well-appointed room offers a perfect retreat for those seeking a "holiday home" in the Algarve, with the added benefit of rental potential when not in use. Located next to the prestigious Gramacho Golf Course, the property provides a private bathroom and a spacious terrace with direct access to the resort s pool, ideal for relaxing and enjoying the sun.
The room is equipped with air conditioning, ensuring comfort throughout the year, and boasts excellent sun exposure, allowing for a bright and inviting atmosphere. It comes fully furnished, offering a turnkey solution for buyers. This is an ideal investment for anyone looking for a low-maintenance holiday property in one of the Algarve's most sought-after locations.
The Resort has 2 golf courses, Gramacho and Vale da Pinta, two club houses with restaurant and bar and to complete we also have tennis courts and several common pools for use by owners and guests.
Key Features:
- Private bathroom and terrace with access to the resort pool
- Prime location next to Gramacho Golf Course
- Air conditioning for year-round comfort
- Excellent sun exposure for a bright living space
- Fully furnished, ready to use or rent out when not in use
- Perfect for a "holiday home" with rental potential in the Algarve
Charming Room with Private Bathroom and Terrace in Resort Near Gramacho Golf Course This cozy and well-appointed room offers a perfect retreat for those seeking a "holiday home" in the Algarve, with the added benefit of rental potential when not in use. Located next to the prestigious Gramacho Golf Course, the property provides a private bathroom and a spacious terrace with direct access to the resort s pool, ideal for relaxing and enjoying the sun.
The room is equipped with air conditioning, ensuring comfort throughout the year, and boasts excellent sun exposure, allowing for a bright and inviting atmosphere. It comes fully furnished, offering a turnkey solution for buyers. This is an ideal investment for anyone looking for a low-maintenance holiday property in one of the Algarve's most sought-after locations.
The Resort has 2 golf courses, Gramacho and Vale da Pinta, two club houses with restaurant and bar and to complete we also have tennis courts and several common pools for use by owners and guests.
Key Features:
- Private bathroom and terrace with access to the resort pool
- Prime location next to Gramacho Golf Course
- Air conditioning for year-round comfort
- Excellent sun exposure for a bright living space
- Fully furnished, ready to use or rent out when not in use
- Perfect for a "holiday home" with rental potential in the Algarve
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Property on Map
Currency Exchange
Lagoa, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
Lagoa, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
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 £4,360 more.
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