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Spacious 1-Bedroom Apartment in the Renowned Olympus Building, Avenida da Marina, Vilamoura ✨ Discover this stunning 73m² 1-bedroom apartment located in the prestigious Olympus Building, situated on the famous Avenida da Marina in Vilamoura, one of the most iconic and sought-after destinations in th
Loulé, Faro, Portugal
REF: 914977
€380,000
Description
Spacious 1-Bedroom Apartment in the Renowned Olympus Building, Avenida da Marina, Vilamoura ✨ Discover this stunning 73m² 1-bedroom apartment located in the prestigious Olympus Building, situated on the famous Avenida da Marina in Vilamoura, one of the most iconic and sought-after destinations in the Algarve. This apartment offers: 2 large terraces, perfect for enjoying the Algarve's sunny climate. 1 modern and functional bathroom. ️ The potential to create a second bedroom, adapting the space to your needs. A high-quality building equipped with 3 elevators, nestled in an exclusive condominium featuring a pool and a high-standard tennis court for leisure and relaxation. Why Vilamoura? Vilamoura is renowned for its luxurious marina, world-class golf courses, and a wide selection of restaurants, shops, and entertainment options. Surrounded by stunning beaches and offering a unique blend of tranquility and sophistication, it's the perfect place to live or invest. With a prime location, ideal for living or as an investment opportunity for rentals, this apartment is not to be missed! For more information: Contact your trusted consultant, Sylvia Quelhas, who is fluent in Portuguese, French, and English, for any questions or to schedule a visit. #ref: 131998
Spacious 1-Bedroom Apartment in the Renowned Olympus Building, Avenida da Marina, Vilamoura ✨ Discover this stunning 73m² 1-bedroom apartment located in the prestigious Olympus Building, situated on the famous Avenida da Marina in Vilamoura, one of the most iconic and sought-after destinations in the Algarve. This apartment offers: 2 large terraces, perfect for enjoying the Algarve's sunny climate. 1 modern and functional bathroom. ️ The potential to create a second bedroom, adapting the space to your needs. A high-quality building equipped with 3 elevators, nestled in an exclusive condominium featuring a pool and a high-standard tennis court for leisure and relaxation. Why Vilamoura? Vilamoura is renowned for its luxurious marina, world-class golf courses, and a wide selection of restaurants, shops, and entertainment options. Surrounded by stunning beaches and offering a unique blend of tranquility and sophistication, it's the perfect place to live or invest. With a prime location, ideal for living or as an investment opportunity for rentals, this apartment is not to be missed! For more information: Contact your trusted consultant, Sylvia Quelhas, who is fluent in Portuguese, French, and English, for any questions or to schedule a visit. #ref: 131998
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Currency Exchange
Loulé, 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 €380,000 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 |
|---|---|---|---|
| €380,000 | £313,082 | £326,591 | £13,509 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £313,082 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,509 |
Loulé, 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 €380,000 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 |
|---|---|---|---|
| €380,000 | £313,082 | £326,591 | £13,509 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £313,082 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,509 |
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 £13,509 more.
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