Luxury 1 bedroom apartment located in Quinta da Alvorada- Albufeira

Albufeira, Faro, Portugal, 8200-310

For Sale

€670,000

REF: 676125 €670,000


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Description

Luxury 1 bedroom apartment located in Quinta da Alvorada- Albufeira. This fantastic apartment has a privileged view over the marina of Albufeira and a spacious terrace with sea view as well. It is a unique development with modern architecture lines, consisting of 2 blocks with 2 floors and basement with garages. It is equipped with elevator with direct access from the garage (2 places) to the apartment, air conditioning, solar panels for water heating, fully equipped kitchen, double glazing with thermal and acoustic cut, electric shutters, video intercom system, high security door and a spacious terrace with barbecue, kitchen support and jacuzzi. 2021 construction with 2 years builder warranty. Introduced in a gated community with swimming pool which ensures security and privacy. Our company assists in all sectors such as how to get the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Do not miss this opportunity and contact us for a visit
Luxury 1 bedroom apartment located in Quinta da Alvorada- Albufeira. This fantastic apartment has a privileged view over the marina of Albufeira and a spacious terrace with sea view as well. It is a unique development with modern architecture lines, consisting of 2 blocks with 2 floors and basement with garages. It is equipped with elevator with direct access from the garage (2 places) to the apartment, air conditioning, solar panels for water heating, fully equipped kitchen, double glazing with thermal and acoustic cut, electric shutters, video intercom system, high security door and a spacious terrace with barbecue, kitchen support and jacuzzi. 2021 construction with 2 years builder warranty. Introduced in a gated community with swimming pool which ensures security and privacy. Our company assists in all sectors such as how to get the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Do not miss this opportunity and contact us for a visit
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Property on Map

#AP653

Currency Exchange

Albufeira, Faro, Portugal, 8200-310

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 €670,000 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
€670,000 £569,962 £587,282 £17,320
Property Price € €670,000
Minimum cost in the last six months £569,962
Maximum cost in the last six months £587,282
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,320

Albufeira, Faro, Portugal, 8200-310

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 €670,000 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
€670,000 £569,962 £587,282 £17,320
Property Price € €670,000
Minimum cost in the last six months £569,962
Maximum cost in the last six months £587,282
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,320

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 £17,320 more.

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