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Iconic Seafront Property in the Old Town of Albufeira
Albufeira, Faro, Portugal, 8200-045
REF: 910719
€2,800,000
Description
Iconic seafront property in Albufeira's Old Town with a traditional façade and stunning sea views. Features three ensuite bedrooms, a spacious open-plan lounge, a converted attic for versatile use, and a rooftop terrace with a small pool and breathtaking views. Includes a ground-floor commercial space with private entrance and direct access to the beach front street. Exclusive Seafront Property in Downtown Albufeira
Charming and sophisticated, this seafront property in the heart of Albufeira has been completely rebuilt, retaining its iconic traditional façade, beautifully restored to perfection. It offers spectacular ocean views, blending historic charm with contemporary luxury in a dream location.
The property features three elegant suites and a spacious open-plan living area filled with natural light and stunning sea views. A versatile attic has been transformed, ideal as an additional bedroom, office, or multi-purpose space.
On the rooftop terrace, enjoy a private pool and breathtaking panoramic views, perfect for relaxation or entertaining.
The ground floor includes a commercial space with a private entrance, strategically positioned with direct access to the street leading to the beach, offering valuable versatility.
Just steps from the Peneco Elevator and close to shops and restaurants, this property is the perfect blend of modern comfort and authenticity in the vibrant heart of Albufeira. Albufeira was originally a Moorish fishing village dating back to the 8th Century and it's importance as a City of the past, present and future is largely dependent upon it's central Algarve location. Situated just 35 minutes from Faro International Airport and situated upon direct train and motorway links to Lisbon, it's a perfect choice for a second home or more permanent living.
Nowadays, Albufeira is one of Europe's top destinations for sun-seeking tourists and the wider Municipality is rapidly becoming one of the Algarve's most attractive property hotspots. With amazing beaches, a superb range of restaurants, cafés, shops and bars and every possible service close at hand, it's not hard to see why Albufeira is such a popular choice.
Iconic seafront property in Albufeira's Old Town with a traditional façade and stunning sea views. Features three ensuite bedrooms, a spacious open-plan lounge, a converted attic for versatile use, and a rooftop terrace with a small pool and breathtaking views. Includes a ground-floor commercial space with private entrance and direct access to the beach front street. Exclusive Seafront Property in Downtown Albufeira
Charming and sophisticated, this seafront property in the heart of Albufeira has been completely rebuilt, retaining its iconic traditional façade, beautifully restored to perfection. It offers spectacular ocean views, blending historic charm with contemporary luxury in a dream location.
The property features three elegant suites and a spacious open-plan living area filled with natural light and stunning sea views. A versatile attic has been transformed, ideal as an additional bedroom, office, or multi-purpose space.
On the rooftop terrace, enjoy a private pool and breathtaking panoramic views, perfect for relaxation or entertaining.
The ground floor includes a commercial space with a private entrance, strategically positioned with direct access to the street leading to the beach, offering valuable versatility.
Just steps from the Peneco Elevator and close to shops and restaurants, this property is the perfect blend of modern comfort and authenticity in the vibrant heart of Albufeira. Albufeira was originally a Moorish fishing village dating back to the 8th Century and it's importance as a City of the past, present and future is largely dependent upon it's central Algarve location. Situated just 35 minutes from Faro International Airport and situated upon direct train and motorway links to Lisbon, it's a perfect choice for a second home or more permanent living.
Nowadays, Albufeira is one of Europe's top destinations for sun-seeking tourists and the wider Municipality is rapidly becoming one of the Algarve's most attractive property hotspots. With amazing beaches, a superb range of restaurants, cafés, shops and bars and every possible service close at hand, it's not hard to see why Albufeira is such a popular choice.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-045
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 €2,800,000 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 |
|---|---|---|---|
| €2,800,000 | £2,306,920 | £2,406,460 | £99,540 |
| Property Price € | €2,800,000 |
| Minimum cost in the last six months | £2,306,920 |
| Maximum cost in the last six months | £2,406,460 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £99,540 |
Albufeira, Faro, Portugal, 8200-045
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 €2,800,000 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 |
|---|---|---|---|
| €2,800,000 | £2,306,920 | £2,406,460 | £99,540 |
| Property Price € | €2,800,000 |
| Minimum cost in the last six months | £2,306,920 |
| Maximum cost in the last six months | £2,406,460 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £99,540 |
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 £99,540 more.
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