Stunning ten suite guesthouse

Albufeira, Faro, Portugal, 8200-311

For Sale

€1,800,000

REF: 404458 €1,800,000


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Description

Stunning, modern, guest house with ten suites, luxuriously decorated and furnished. Located in a semi rural area just a few minutes by car to the beautiful beaches of Maria Luisa and Olhos da Agua where there are numerous restaurants and local shops. Stunning ten suite guesthouse Stunning, modern, guest house with ten suites, luxuriously decorated and furnished to ensure the comfort and well being of its guests.

All rooms are ensuite and equipped with air-con and a safe, while some have private terraces. Facilities include a welcoming reception area, a spacious, comfortable lounge with a TV area and a contemporary, very well equipped kitchen diner where breakfast is served. Outside is an elevated, covered dining terrace, gym and pool bar with views across the peaceful countryside and the large, attractive sun terrace which surrounds the saltwater pool.  A great deal of thought has gone into all of the details of both the interior and exterior of this property using top quality materials for finishings and tasteful decoration.

Ideal for those looking to invest in local tourism. Located in a semi-rural area just a few minutes by car to the beautiful beaches of Maria Luisa and Olhos da Agua where there are numerous restaurants and local shops. Fantastic business investment and all setup and running!
Stunning, modern, guest house with ten suites, luxuriously decorated and furnished. Located in a semi rural area just a few minutes by car to the beautiful beaches of Maria Luisa and Olhos da Agua where there are numerous restaurants and local shops. Stunning ten suite guesthouse Stunning, modern, guest house with ten suites, luxuriously decorated and furnished to ensure the comfort and well being of its guests.

All rooms are ensuite and equipped with air-con and a safe, while some have private terraces. Facilities include a welcoming reception area, a spacious, comfortable lounge with a TV area and a contemporary, very well equipped kitchen diner where breakfast is served. Outside is an elevated, covered dining terrace, gym and pool bar with views across the peaceful countryside and the large, attractive sun terrace which surrounds the saltwater pool.  A great deal of thought has gone into all of the details of both the interior and exterior of this property using top quality materials for finishings and tasteful decoration.

Ideal for those looking to invest in local tourism. Located in a semi-rural area just a few minutes by car to the beautiful beaches of Maria Luisa and Olhos da Agua where there are numerous restaurants and local shops. Fantastic business investment and all setup and running!
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Property on Map

#CNC1259

Currency Exchange

Albufeira, Faro, Portugal, 8200-311

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 €1,800,000 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
€1,800,000 £1,531,242 £1,577,772 £46,530
Property Price € €1,800,000
Minimum cost in the last six months £1,531,242
Maximum cost in the last six months £1,577,772
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,530

Albufeira, Faro, Portugal, 8200-311

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 €1,800,000 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
€1,800,000 £1,531,242 £1,577,772 £46,530
Property Price € €1,800,000
Minimum cost in the last six months £1,531,242
Maximum cost in the last six months £1,577,772
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,530

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 £46,530 more.

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