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Come and discover this magnificent 3-bedroom apartment, located in an area close to various services and just minutes away from the center of Olhão
Olhão, Faro, Portugal
REF: 896266
€259,500
Description
Come and discover this magnificent 3-bedroom apartment, located in an area close to various services and just minutes away from the center of Olhão. In addition to being in excellent condition, despite being built in 2003, the current owners have maintained the apartment exceptionally well, carrying out some renovations over the years. Situated on the 3rd floor, without an elevator, this apartment stands out for its generous spaces. Upon entering, you'll find a spacious entrance hall that provides access to all rooms in the house. The living room, also used as a dining room, features a balcony that allows ample natural light to enter. The kitchen, renovated last year, is equipped with a piped gas stove, water heater, and electric oven. Additionally, it has a pantry, a great asset for those who value organization and extra space. The kitchen also provides access to a spacious sunroom with double glazing and aluminum blinds. In the bedroom area, there is one room with a built-in wardrobe, another without a wardrobe but with space to install one, and finally, a suite with a shower area, including a built-in wardrobe. This last room has access to the balcony from the living room, providing a fantastic view of the city. Finally, there is a social bathroom with a bathtub. This apartment is ready to move in, with no need for any renovations. It is an excellent choice for a family looking for a new home! Olhão, located in the Algarve, southern Portugal, captivates with its streets of white houses and historic alleys. Famous for its colorful fishing boats, the city stands out for the Municipal Market, filled with the fresh aromas of fish and seafood. Its welcoming atmosphere and stunning beaches in the Ria Formosa make Olhão a charming destination to explore culture and nature by the sea. The real estate agency Casas do Sotavento was founded in 2005 with the goal of being the national reference for owned stores in the eastern Algarve. At Casas do Sotavento, we put ourselves in the buyer's shoes and treat them as we would like to be treated, with friendly and secure service.
Come and discover this magnificent 3-bedroom apartment, located in an area close to various services and just minutes away from the center of Olhão. In addition to being in excellent condition, despite being built in 2003, the current owners have maintained the apartment exceptionally well, carrying out some renovations over the years. Situated on the 3rd floor, without an elevator, this apartment stands out for its generous spaces. Upon entering, you'll find a spacious entrance hall that provides access to all rooms in the house. The living room, also used as a dining room, features a balcony that allows ample natural light to enter. The kitchen, renovated last year, is equipped with a piped gas stove, water heater, and electric oven. Additionally, it has a pantry, a great asset for those who value organization and extra space. The kitchen also provides access to a spacious sunroom with double glazing and aluminum blinds. In the bedroom area, there is one room with a built-in wardrobe, another without a wardrobe but with space to install one, and finally, a suite with a shower area, including a built-in wardrobe. This last room has access to the balcony from the living room, providing a fantastic view of the city. Finally, there is a social bathroom with a bathtub. This apartment is ready to move in, with no need for any renovations. It is an excellent choice for a family looking for a new home! Olhão, located in the Algarve, southern Portugal, captivates with its streets of white houses and historic alleys. Famous for its colorful fishing boats, the city stands out for the Municipal Market, filled with the fresh aromas of fish and seafood. Its welcoming atmosphere and stunning beaches in the Ria Formosa make Olhão a charming destination to explore culture and nature by the sea. The real estate agency Casas do Sotavento was founded in 2005 with the goal of being the national reference for owned stores in the eastern Algarve. At Casas do Sotavento, we put ourselves in the buyer's shoes and treat them as we would like to be treated, with friendly and secure service.
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Currency Exchange
Olhão, 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 €259,500 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 |
|---|---|---|---|
| €259,500 | £214,946 | £223,027 | £8,081 |
| Property Price € | €259,500 |
| Minimum cost in the last six months | £214,946 |
| Maximum cost in the last six months | £223,027 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,081 |
Olhão, 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 €259,500 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 |
|---|---|---|---|
| €259,500 | £214,946 | £223,027 | £8,081 |
| Property Price € | €259,500 |
| Minimum cost in the last six months | £214,946 |
| Maximum cost in the last six months | £223,027 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,081 |
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 £8,081 more.
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