Pretty three Bedroom Bungalow with Sea Views in Cerro da Águia

Albufeira, Faro, Portugal, 8200-319

For Sale

€750,000

REF: 929565 €750,000


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Description

Lovely three-bedroom bungalow in Cerro da Águia, Albufeira, with a spacious lounge, separate kitchen, and master suite with walk-in wardrobe. South-facing porch with sea views, 5 mins to the beach and the centre of Albufeira. Charming three-bedroom bungalow in the desirable area of Cerro da Águia. A lovely family home with a spacious layout includes a large lounge area, a separate kitchen with a dining table, and a storage room.

All three bedrooms are equipped with fitted wardrobes, with the master suite featuring a walk-in wardrobe and a private bathroom. Outside, a huge porch extends across the front of the house, offering stunning south-facing views of the sea, making it a perfect spot for al fresco dining. A covered terrace and basement (with natural light) have been converted into one-bedroom apartments, ideal for guests or extra income. Just 5 minutes from Albufeira€™s centre and beaches, this villa combines comfort, versatility, and excellent potential.
Lovely three-bedroom bungalow in Cerro da Águia, Albufeira, with a spacious lounge, separate kitchen, and master suite with walk-in wardrobe. South-facing porch with sea views, 5 mins to the beach and the centre of Albufeira. Charming three-bedroom bungalow in the desirable area of Cerro da Águia. A lovely family home with a spacious layout includes a large lounge area, a separate kitchen with a dining table, and a storage room.

All three bedrooms are equipped with fitted wardrobes, with the master suite featuring a walk-in wardrobe and a private bathroom. Outside, a huge porch extends across the front of the house, offering stunning south-facing views of the sea, making it a perfect spot for al fresco dining. A covered terrace and basement (with natural light) have been converted into one-bedroom apartments, ideal for guests or extra income. Just 5 minutes from Albufeira€™s centre and beaches, this villa combines comfort, versatility, and excellent potential.
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Property on Map

#CN10497

Currency Exchange

Albufeira, Faro, Portugal, 8200-319

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 €750,000 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
€750,000 £617,925 £634,568 £16,643
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £634,568
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,643

Albufeira, Faro, Portugal, 8200-319

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 €750,000 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
€750,000 £617,925 £634,568 £16,643
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £634,568
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,643

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 £16,643 more.

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