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1 bedroom apartment, inserted in the hotel unit Balaia Atlntico Hotel 4*, in Vale Navio, Albufeira
Albufeira, Faro, Portugal, 8200-393
REF: 616877
€175,000
Description
1 bedroom apartment, inserted in the hotel unit Balaia Atlntico Hotel 4*, in Vale Navio, Albufeira.
1 bedroom apartment equipped and furnished located on the 2nd floor, has a generous balcony, kitchen in ppen-space with the living room and where you can have your meals always with panoramic views.
The bathroom has a bathtub, the bedroom has a built-in wardrobe and exterior window, in addition the property has sound-ambie.
The development is located in Vale Navio, with good access, next to EM 526, the main road between Albufeira and Olhos de Água, about 1.5Kms from the
beach, has Jacuzzi, indoor pool, fitness center, tennis court, mini golf, games room, pool tables, massages and hairdresser.
The area is mainly tourist in nature and surrounded by other tourist resorts, golf courses and tourism-related activities.
Albufeira city centre is about 3kms away, where you can find all kinds of trade and services, public and private.
Condominium expenses : 858 annually.
Income (given to the holding) : Delivering the apartment to the hotel's operating entity, will have a return of 4% per year on the purchase value of the property.
Our company assists in all sectors such as how to obtain the best exchange rates, in opening an account and in the documentation relating to bank loans, in carrying out improvement works,
etc.Mark your visit now!
1 bedroom apartment, inserted in the hotel unit Balaia Atlntico Hotel 4*, in Vale Navio, Albufeira.
1 bedroom apartment equipped and furnished located on the 2nd floor, has a generous balcony, kitchen in ppen-space with the living room and where you can have your meals always with panoramic views.
The bathroom has a bathtub, the bedroom has a built-in wardrobe and exterior window, in addition the property has sound-ambie.
The development is located in Vale Navio, with good access, next to EM 526, the main road between Albufeira and Olhos de Água, about 1.5Kms from the
beach, has Jacuzzi, indoor pool, fitness center, tennis court, mini golf, games room, pool tables, massages and hairdresser.
The area is mainly tourist in nature and surrounded by other tourist resorts, golf courses and tourism-related activities.
Albufeira city centre is about 3kms away, where you can find all kinds of trade and services, public and private.
Condominium expenses : 858 annually.
Income (given to the holding) : Delivering the apartment to the hotel's operating entity, will have a return of 4% per year on the purchase value of the property.
Our company assists in all sectors such as how to obtain the best exchange rates, in opening an account and in the documentation relating to bank loans, in carrying out improvement works,
etc.Mark your visit now!
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Currency Exchange
Albufeira, Faro, Portugal, 8200-393
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 €175,000 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 |
|---|---|---|---|
| €175,000 | £148,871 | £153,395 | £4,524 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £148,871 |
| Maximum cost in the last six months | £153,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,524 |
Albufeira, Faro, Portugal, 8200-393
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 €175,000 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 |
|---|---|---|---|
| €175,000 | £148,871 | £153,395 | £4,524 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £148,871 |
| Maximum cost in the last six months | £153,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,524 |
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 £4,524 more.
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