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Apartment T1 with 27
Alvor, Faro, Portugal
REF: 896516
€280,000
Description
Apartment T1 with 27.10sqm Terrace, Just 2 Minutes from Alvor Beach This comfortable studio, located on the 6th floor of the prestigious Alvor Atlntico building, offers an exceptional location just a 2-minute walk from the stunning Alvor Beach. The apartment features a sleeping area with built-in wardrobe, a cozy living space, a fully equipped kitchenette, and a complete bathroom with a bathtub. Additionally, it has a private balcony, perfect for relaxing and enjoying the view. Within the building, you can enjoy excellent leisure facilities, including an indoor pool, sauna, and Turkish bath, ideal for unwinding and well-being. Additional Features: Sold fully furnished and move-in ready. Ideal for holidays or as a high-potential rental investment. By purchasing this property, you'll benefit from the exclusive services offered by the Pestana Group, such as 24-hour maintenance, gardening, and security services. Additionally, you'll receive the Resort Card, granting you discounts at our restaurants and bars, along with the Pestana Guest Card (PGC), which offers numerous advantages for a complete experience. Pestana Golf & Resorts, located in the heart of the Algarve, is the perfect destination for those seeking quality living and leisure. With two renowned golf courses - Gramacho and Vale da Pinta - two clubhouses with restaurants and bars, tennis courts, and several communal pools, this resort offers a unique and exclusive experience for both property owners and guests.
Apartment T1 with 27.10sqm Terrace, Just 2 Minutes from Alvor Beach This comfortable studio, located on the 6th floor of the prestigious Alvor Atlntico building, offers an exceptional location just a 2-minute walk from the stunning Alvor Beach. The apartment features a sleeping area with built-in wardrobe, a cozy living space, a fully equipped kitchenette, and a complete bathroom with a bathtub. Additionally, it has a private balcony, perfect for relaxing and enjoying the view. Within the building, you can enjoy excellent leisure facilities, including an indoor pool, sauna, and Turkish bath, ideal for unwinding and well-being. Additional Features: Sold fully furnished and move-in ready. Ideal for holidays or as a high-potential rental investment. By purchasing this property, you'll benefit from the exclusive services offered by the Pestana Group, such as 24-hour maintenance, gardening, and security services. Additionally, you'll receive the Resort Card, granting you discounts at our restaurants and bars, along with the Pestana Guest Card (PGC), which offers numerous advantages for a complete experience. Pestana Golf & Resorts, located in the heart of the Algarve, is the perfect destination for those seeking quality living and leisure. With two renowned golf courses - Gramacho and Vale da Pinta - two clubhouses with restaurants and bars, tennis courts, and several communal pools, this resort offers a unique and exclusive experience for both property owners and guests.
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Currency Exchange
Alvor, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
Alvor, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
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 £8,719 more.
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