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1 bedroom apartment with swimming pool located in Albufeira
Albufeira, Faro, Portugal, 8200-351
REF: 933916
€218,000
Description
1 bedroom apartment located on the 4th and top floor with excellent luminosity and a stunning panoramic view of the sea.
The apartment consists of a large and bright living room, fully equipped open space kitchen, bedroom with built-in wardrobe, bathroom with bathtub and a spacious 16m balcony facing south and accessible from both the bedroom and the living room.
The apartment is sold equipped and furnished, it is equipped with air conditioning and heating in the living room and bedroom, washing machine and Wi-Fi via fiber optics.
The building has 2 elevators and a communal swimming pool.
With excellent profitability potential, it is perfect for both holidays and year-round living.
Currently, he has an annual lease contract for 800 per month.
It is located just a 5-minute walk from Avenida Sá Carneiro (the famous "The Strip") and 25 minutes from Praia da Oura. It is 10 minutes from Avenida dos Descobrimentos, a vibrant area with shops, restaurants and bars.
Faro Airport is 35 km away, with easy access via the A22 motorway or the National 125.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit !
1 bedroom apartment located on the 4th and top floor with excellent luminosity and a stunning panoramic view of the sea.
The apartment consists of a large and bright living room, fully equipped open space kitchen, bedroom with built-in wardrobe, bathroom with bathtub and a spacious 16m balcony facing south and accessible from both the bedroom and the living room.
The apartment is sold equipped and furnished, it is equipped with air conditioning and heating in the living room and bedroom, washing machine and Wi-Fi via fiber optics.
The building has 2 elevators and a communal swimming pool.
With excellent profitability potential, it is perfect for both holidays and year-round living.
Currently, he has an annual lease contract for 800 per month.
It is located just a 5-minute walk from Avenida Sá Carneiro (the famous "The Strip") and 25 minutes from Praia da Oura. It is 10 minutes from Avenida dos Descobrimentos, a vibrant area with shops, restaurants and bars.
Faro Airport is 35 km away, with easy access via the A22 motorway or the National 125.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit !
Read More
Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-351
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 €218,000 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 |
|---|---|---|---|
| €218,000 | £179,610 | £184,886 | £5,276 |
| Property Price € | €218,000 |
| Minimum cost in the last six months | £179,610 |
| Maximum cost in the last six months | £184,886 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,276 |
Albufeira, Faro, Portugal, 8200-351
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 €218,000 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 |
|---|---|---|---|
| €218,000 | £179,610 | £184,886 | £5,276 |
| Property Price € | €218,000 |
| Minimum cost in the last six months | £179,610 |
| Maximum cost in the last six months | £184,886 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,276 |
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 £5,276 more.
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