2 bedroom apartments, resort on the beach, for sale Olhos de Agua, Albufeira

Albufeira, Portugal

For Sale

€850,000

REF: 653471 €850,000


2

2


Description

This property is located within a 52 unit ocean-front resort located in the prime area of the Algarve. The apartments are well designed high-end, one and two bedroom units, all fitted with top-of-the-line appliances, custom-made furniture and finishings, with one-of-a-kind views, private terraces, direct ocean access and world-class amenities.

The use of organic materials gives a feeling of being at one with nature while in total comfort. The resort facilities include 24 hr. security, swimming pool, oromatic, yoga and zen gardens, with ocean-front trails, restaurant and bar, spa and fitness room, serviced rentals, maintenance and repairs.
This property is located within a 52 unit ocean-front resort located in the prime area of the Algarve. The apartments are well designed high-end, one and two bedroom units, all fitted with top-of-the-line appliances, custom-made furniture and finishings, with one-of-a-kind views, private terraces, direct ocean access and world-class amenities.

The use of organic materials gives a feeling of being at one with nature while in total comfort. The resort facilities include 24 hr. security, swimming pool, oromatic, yoga and zen gardens, with ocean-front trails, restaurant and bar, spa and fitness room, serviced rentals, maintenance and repairs.
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Property on Map

#EAV-3573

Currency Exchange

Albufeira, Portugal

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, Portugal

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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