4th-Floor Apartment with Sea Views in Albufeira

Albufeira, Faro, Portugal, 8200-157

For Sale

€395,000

REF: 927994 €395,000


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Description

4th-floor apartment in Albufeira with stunning sea views and two large terraces, including one overlooking the Old Town, beach, and ocean. Features a lounge, fully equipped kitchen, two bedrooms, and laundry facilities. Just 5 minutes from Peneco Beach and amenities. This 4th-floor flat on a quiet location, close to the old town in Albufeira, boasts breathtaking sea views.

The bright and spacious lounge opens onto a large terrace, perfect for enjoying stunning sunsets, and a second expansive terrace offers views of the Old Town, beach, and ocean. The property includes a fully equipped separate kitchen, a master bedroom with sea views and an ensuite featuring a corner tub, a second bedroom with terrace access and a family shower room.

Additional features include laundry facilities and there is a storage lock-up in the basement of the building. While in good condition, it offers potential for modernization. Just a 5-minute walk to Peneco Beach and close to the vibrant Old Town and all amenities. AL Licensed. 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. 
4th-floor apartment in Albufeira with stunning sea views and two large terraces, including one overlooking the Old Town, beach, and ocean. Features a lounge, fully equipped kitchen, two bedrooms, and laundry facilities. Just 5 minutes from Peneco Beach and amenities. This 4th-floor flat on a quiet location, close to the old town in Albufeira, boasts breathtaking sea views.

The bright and spacious lounge opens onto a large terrace, perfect for enjoying stunning sunsets, and a second expansive terrace offers views of the Old Town, beach, and ocean. The property includes a fully equipped separate kitchen, a master bedroom with sea views and an ensuite featuring a corner tub, a second bedroom with terrace access and a family shower room.

Additional features include laundry facilities and there is a storage lock-up in the basement of the building. While in good condition, it offers potential for modernization. Just a 5-minute walk to Peneco Beach and close to the vibrant Old Town and all amenities. AL Licensed. 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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Property on Map

#CNA4199

Currency Exchange

Albufeira, Faro, Portugal, 8200-157

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 €395,000 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
€395,000 £325,441 £339,483 £14,042
Property Price € €395,000
Minimum cost in the last six months £325,441
Maximum cost in the last six months £339,483
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,042

Albufeira, Faro, Portugal, 8200-157

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 €395,000 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
€395,000 £325,441 £339,483 £14,042
Property Price € €395,000
Minimum cost in the last six months £325,441
Maximum cost in the last six months £339,483
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,042

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 £14,042 more.

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