Selection of apartments in Balaia Golf Village

Albufeira, Faro, Portugal, 8200-609

For Sale

€235,000

REF: 695651 €235,000


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Description

A selection of one bedroom apartments in the mature Balaia Golf and Leisure resort in east Albufeira. Within walking distance of beaches and with privileged access to all resort facilities including 24 hour reception & security. The Balaia Golf Resort is situated five minutes drive from the heart of Albufeira and around half an hour to Faro International Airport, yet is an oasis of calm and peace.

The resort itself was completed in 2001 and therefore provides for a mature landscape, with well-appointed resort facilities including a friendly nine-hole golf course, bowling green, tennis courts and six swimming pools. It€™s an informal resort which caters for all the family and whether you€™re a golfer of any standard or simply someone who wants all the benefits of owning a property in a fully specified resort, these properties could be perfect for you. Onsite one will find 24 x 7 reception and security service, two casual dining restaurants and plentiful parking throughout.

Supermarkets, shops and other restaurants are available within walking distance or for further choices the village of Olhos de Água and the famous Pine Cliffs Resort is a short drive away. Each of the apartments offered features a balcony or terrace. Some have resort views, and others may provide a view of the fairway.

These apartments are perfect as second homes and can be occupied in any season with autumn and winter particularly popular for golfers. If you are looking for a sound real estate investment, these well-built properties also provide a good return on investment. The location, design, layout and internal specification vary across the resort and therefore prices will vary. Please speak to our Property Consultants to discuss availability and pricing.
A selection of one bedroom apartments in the mature Balaia Golf and Leisure resort in east Albufeira. Within walking distance of beaches and with privileged access to all resort facilities including 24 hour reception & security. The Balaia Golf Resort is situated five minutes drive from the heart of Albufeira and around half an hour to Faro International Airport, yet is an oasis of calm and peace.

The resort itself was completed in 2001 and therefore provides for a mature landscape, with well-appointed resort facilities including a friendly nine-hole golf course, bowling green, tennis courts and six swimming pools. It€™s an informal resort which caters for all the family and whether you€™re a golfer of any standard or simply someone who wants all the benefits of owning a property in a fully specified resort, these properties could be perfect for you. Onsite one will find 24 x 7 reception and security service, two casual dining restaurants and plentiful parking throughout.

Supermarkets, shops and other restaurants are available within walking distance or for further choices the village of Olhos de Água and the famous Pine Cliffs Resort is a short drive away. Each of the apartments offered features a balcony or terrace. Some have resort views, and others may provide a view of the fairway.

These apartments are perfect as second homes and can be occupied in any season with autumn and winter particularly popular for golfers. If you are looking for a sound real estate investment, these well-built properties also provide a good return on investment. The location, design, layout and internal specification vary across the resort and therefore prices will vary. Please speak to our Property Consultants to discuss availability and pricing.
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Property on Map

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Currency Exchange

Albufeira, Faro, Portugal, 8200-609

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 €235,000 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
€235,000 £199,912 £205,987 £6,075
Property Price € €235,000
Minimum cost in the last six months £199,912
Maximum cost in the last six months £205,987
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,075

Albufeira, Faro, Portugal, 8200-609

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 €235,000 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
€235,000 £199,912 £205,987 £6,075
Property Price € €235,000
Minimum cost in the last six months £199,912
Maximum cost in the last six months £205,987
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,075

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 £6,075 more.

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