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2 bedroom apartment located in The Masana Resort a few meters from the beach
Albufeira, Faro, Portugal, 8200-594
REF: 653338
€850,000
Description
Masana Algarve Resort has 52 units with magnificent and unobstructed sea views.
It is an existing enterprise that has recently been acquired and is undergoing a profound refurbishment.
They are spacious apartments with 1 and 2 bedrooms, with areas between 102.60m2 and 140.30m2 (including terraces), are equipped with reversible air conditioning, double glazing, smoke alarm and high speed internet.
Most apartments offer stunning sea views with prices ranging from 545,000 to 770,000.
This wonderful Resort has the following facilities:
* 24 hour security
* pool in front of the sea
* restaurant and bar
* SPA & gym
* Shop for local and organic products
* rental service
* Maintenance service
As a tourist resort, all properties of this resort are eligible for the Golden Visa / Gold Visa program
The resort also offers direct access to the beach and is within walking distance of the charming fishing village of Olhos de Água, as well as restaurants, shops and various types of goods and services.
Faro Airport is a 35-minute drive away.
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 the execution of improvement works, etc.
Don't miss this opportunity and contact us for a visit.
Masana Algarve Resort has 52 units with magnificent and unobstructed sea views.
It is an existing enterprise that has recently been acquired and is undergoing a profound refurbishment.
They are spacious apartments with 1 and 2 bedrooms, with areas between 102.60m2 and 140.30m2 (including terraces), are equipped with reversible air conditioning, double glazing, smoke alarm and high speed internet.
Most apartments offer stunning sea views with prices ranging from 545,000 to 770,000.
This wonderful Resort has the following facilities:
* 24 hour security
* pool in front of the sea
* restaurant and bar
* SPA & gym
* Shop for local and organic products
* rental service
* Maintenance service
As a tourist resort, all properties of this resort are eligible for the Golden Visa / Gold Visa program
The resort also offers direct access to the beach and is within walking distance of the charming fishing village of Olhos de Água, as well as restaurants, shops and various types of goods and services.
Faro Airport is a 35-minute drive away.
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 the execution of improvement works, etc.
Don't miss this opportunity and contact us for a visit.
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Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-594
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £723,087 | £745,059 | £21,973 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £723,087 |
| Maximum cost in the last six months | £745,059 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,973 |
Albufeira, Faro, Portugal, 8200-594
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £723,087 | £745,059 | £21,973 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £723,087 |
| Maximum cost in the last six months | £745,059 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,973 |
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 £21,973 more.
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