1 bedroom apartment furnished and equipped, ideal for profitability, located in Resort

Lagoa, Faro, Portugal, 8400-080

For Sale

€285,000

REF: 959355 €285,000


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Description

OFFER OF THE DEED OF PURCHASE AND SALE UNTIL THE END OF MAY 2025! Are you looking for a place to rest and at the same time practice golf or another type of activity? At the Pestana Golf Resort you will find everything you need from excellent golf courses, swimming pools, spa, restaurants, all within 10 minutes of the fabulous Algarve beaches located in the area. This apartment is situated within the Pestana Golf Resort- Gramacho, with an active local accommodation license, consisting of 1 bedroom with built-in wardrobe, a bathroom in the hall, kitchen and large living room, and balcony. 1st floor, building without elevator. The property is sold furnished and equipped, with a gas central heating system, air conditioning in all rooms, double glazing, and alarm.

(Fiber Optic Internet available at the resort. Schedule your visit now! Points of interest: * Slide & Splash - 0.9km * Pestana Golf Resort - 1.2km * Fontes Municipal Park - 3.4km * Paradise Beach - 3.9km * Carvoeiro Beach - 4.1km * Carneiros Beach - 4.4km * Vale Centeanes Beach - 5km * Praia da Rocha - 5.4km * International Sand Sculpture Festival - 12.9km * Zoomarine - 14.6km * Vale de Pinta Restaurant - 0.1km * O Charneco Restaurant - 2.8km * Dona Ana Restaurant - 2.9km * Michelin Bon Bon Restaurant - 3.6km * Pizzeria Donato - 4km Schedule your visit now, don't wait any longer!
OFFER OF THE DEED OF PURCHASE AND SALE UNTIL THE END OF MAY 2025! Are you looking for a place to rest and at the same time practice golf or another type of activity? At the Pestana Golf Resort you will find everything you need from excellent golf courses, swimming pools, spa, restaurants, all within 10 minutes of the fabulous Algarve beaches located in the area. This apartment is situated within the Pestana Golf Resort- Gramacho, with an active local accommodation license, consisting of 1 bedroom with built-in wardrobe, a bathroom in the hall, kitchen and large living room, and balcony. 1st floor, building without elevator. The property is sold furnished and equipped, with a gas central heating system, air conditioning in all rooms, double glazing, and alarm.

(Fiber Optic Internet available at the resort. Schedule your visit now! Points of interest: * Slide & Splash - 0.9km * Pestana Golf Resort - 1.2km * Fontes Municipal Park - 3.4km * Paradise Beach - 3.9km * Carvoeiro Beach - 4.1km * Carneiros Beach - 4.4km * Vale Centeanes Beach - 5km * Praia da Rocha - 5.4km * International Sand Sculpture Festival - 12.9km * Zoomarine - 14.6km * Vale de Pinta Restaurant - 0.1km * O Charneco Restaurant - 2.8km * Dona Ana Restaurant - 2.9km * Michelin Bon Bon Restaurant - 3.6km * Pizzeria Donato - 4km Schedule your visit now, don't wait any longer!
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Property on Map

#02-AC011A

Currency Exchange

Lagoa, Faro, Portugal, 8400-080

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 €285,000 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
€285,000 £234,812 £247,406 £12,594
Property Price € €285,000
Minimum cost in the last six months £234,812
Maximum cost in the last six months £247,406
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,594

Lagoa, Faro, Portugal, 8400-080

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 €285,000 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
€285,000 £234,812 £247,406 £12,594
Property Price € €285,000
Minimum cost in the last six months £234,812
Maximum cost in the last six months £247,406
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,594

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 £12,594 more.

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