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Located in the heart of downtown Olhão, this apartment enjoys one of the most authentic and vibrant areas of the Algarve, where tradition meets modernity
Olhão, Faro, Portugal
REF: 896633
€449,000
Description
Located in the heart of downtown Olhão, this apartment enjoys one of the most authentic and vibrant areas of the Algarve, where tradition meets modernity. The three-bedroom apartment, located on the second floor, stands out for its spacious areas and quality finishes. The living room is spacious and bright, with direct access to a balcony, as is the kitchen, which is fully equipped and has a contemporary design. There is also a laundry room with access to an enclosed clothesline, as well as a service bathroom for added convenience. The private area of the apartment is separate from the social area and has two bedrooms equipped with built-in closets and a shared bathroom. At the end of the corridor is the suite, which has a private bathroom, a dressing room and an exclusive balcony. The apartment benefits from very generous areas in every room, with modern finishes, including double-glazed aluminum windows and electric shutters. It is equipped with air conditioning both in the living area and in the bedrooms, ensuring maximum comfort. The building also offers a fantastic swimming pool and solarium at the top, ideal for moments of leisure. For added convenience, the property has double parking in the basement of the building. Here, you are just a few minutes away from all the essential amenities, such as shops, schools and services, and it offers an excellent transport network, which easily connects the city to the Algarve's main roads. This unique location provides a perfect combination between the serenity of life by the estuary and the convenience of urban living, making it the ideal place for those looking to experience the best the region has to offer. This is an excellent opportunity for those looking for a quality apartment in one of the most sought-after areas of the city. Schedule your visit now!
Located in the heart of downtown Olhão, this apartment enjoys one of the most authentic and vibrant areas of the Algarve, where tradition meets modernity. The three-bedroom apartment, located on the second floor, stands out for its spacious areas and quality finishes. The living room is spacious and bright, with direct access to a balcony, as is the kitchen, which is fully equipped and has a contemporary design. There is also a laundry room with access to an enclosed clothesline, as well as a service bathroom for added convenience. The private area of the apartment is separate from the social area and has two bedrooms equipped with built-in closets and a shared bathroom. At the end of the corridor is the suite, which has a private bathroom, a dressing room and an exclusive balcony. The apartment benefits from very generous areas in every room, with modern finishes, including double-glazed aluminum windows and electric shutters. It is equipped with air conditioning both in the living area and in the bedrooms, ensuring maximum comfort. The building also offers a fantastic swimming pool and solarium at the top, ideal for moments of leisure. For added convenience, the property has double parking in the basement of the building. Here, you are just a few minutes away from all the essential amenities, such as shops, schools and services, and it offers an excellent transport network, which easily connects the city to the Algarve's main roads. This unique location provides a perfect combination between the serenity of life by the estuary and the convenience of urban living, making it the ideal place for those looking to experience the best the region has to offer. This is an excellent opportunity for those looking for a quality apartment in one of the most sought-after areas of the city. Schedule your visit now!
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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 €449,000 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 |
|---|---|---|---|
| €449,000 | £371,911 | £385,893 | £13,982 |
| Property Price € | €449,000 |
| Minimum cost in the last six months | £371,911 |
| Maximum cost in the last six months | £385,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,982 |
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 €449,000 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 |
|---|---|---|---|
| €449,000 | £371,911 | £385,893 | £13,982 |
| Property Price € | €449,000 |
| Minimum cost in the last six months | £371,911 |
| Maximum cost in the last six months | £385,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,982 |
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 £13,982 more.
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