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Seaview penthouse close to Albufeira's old town
Albufeira, Faro, Portugal, 8200-184
REF: 906829
€1,100,000
Description
Fabulous penthouse with outstanding sea views from the panoramic glazed living room and the big surrounding terrace. With two bedrooms (1+1) fully equipped kitchen, and in excellent condition. Situated in a quality condominium with pool, tennis, lift, and underground car park. A superb penthouse in a central, yet quiet, location in Albufeira with breathtaking sea views, views along the coast, over the Marina, and Albufeira. Inserted in a quality condominium with lovely landscaped gardens, a communal pool, tennis courts and underground parking. This apartment has an exceptionally large, partially covered terrace with a jacuzzi, surrounding the apartment. The property occupies the whole top floor of the building, and offers a lot of privacy. The lounge, with floor to ceiling glass, has an amazing ocean view as well. There is a fully equipped separate kitchen, two (1+1) bedrooms, from which one has ensuite facilities, and a family bathroom. Walking distance to the old town and all kind of amenities, including restaurants, nightlife, supermarkets and schools. A must-see.
Fabulous penthouse with outstanding sea views from the panoramic glazed living room and the big surrounding terrace. With two bedrooms (1+1) fully equipped kitchen, and in excellent condition. Situated in a quality condominium with pool, tennis, lift, and underground car park. A superb penthouse in a central, yet quiet, location in Albufeira with breathtaking sea views, views along the coast, over the Marina, and Albufeira. Inserted in a quality condominium with lovely landscaped gardens, a communal pool, tennis courts and underground parking. This apartment has an exceptionally large, partially covered terrace with a jacuzzi, surrounding the apartment. The property occupies the whole top floor of the building, and offers a lot of privacy. The lounge, with floor to ceiling glass, has an amazing ocean view as well. There is a fully equipped separate kitchen, two (1+1) bedrooms, from which one has ensuite facilities, and a family bathroom. Walking distance to the old town and all kind of amenities, including restaurants, nightlife, supermarkets and schools. A must-see.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-184
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
Albufeira, Faro, Portugal, 8200-184
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
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 £34,254 more.
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