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2 Bedroom Apartment | sea view | Parking space | walking distance to the beach | lift
Albufeira, Faro, Portugal, 8200-153
REF: 950498
€385,000
Description
Located in the heart of the city of Albufeira, this charming two-bedroom apartment offers a unique opportunity to acquire a property in a prime location. With a living area of 88.5m2, this property is in good condition, being perfect for those looking for an apartment to live in or monetize.
The apartment consists of 2 bedrooms with built-in wardrobes and double glazed windows, a full bathroom with bathtub. The living/dining room with fireplace is in an open plan with the kitchen, making it a harmonious and excellent living area, giving access to a south-facing balcony with sea views.
Among the amenities included, the parking space, the elevator and the proximity to the beach stand out. The central location of this property allows you to enjoy all the services and amenities that the city has to offer, making it an excellent option for those looking for the ideal combination between the beach and the city.
Located in the heart of the city of Albufeira, this charming two-bedroom apartment offers a unique opportunity to acquire a property in a prime location. With a living area of 88.5m2, this property is in good condition, being perfect for those looking for an apartment to live in or monetize.
The apartment consists of 2 bedrooms with built-in wardrobes and double glazed windows, a full bathroom with bathtub. The living/dining room with fireplace is in an open plan with the kitchen, making it a harmonious and excellent living area, giving access to a south-facing balcony with sea views.
Among the amenities included, the parking space, the elevator and the proximity to the beach stand out. The central location of this property allows you to enjoy all the services and amenities that the city has to offer, making it an excellent option for those looking for the ideal combination between the beach and the city.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-153
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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,202 | £334,215 | £17,013 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £334,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,013 |
Albufeira, Faro, Portugal, 8200-153
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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,202 | £334,215 | £17,013 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £334,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,013 |
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 £17,013 more.
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