1 bedroom apartment located in Albufeira Jardim 400m from the center of Albufeira

Albufeira, Faro, Portugal, 8200-916

For Sale

€225,000

REF: 704921 €225,000


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Description

1 Bedroom Apartment with Terrace and Privileged Location. Excellent opportunity to purchase a 1 bedroom apartment on the ground floor, inserted in a condominium with a privileged location just 700 meters from Albufeira Beach The property has: - Living and dining room with direct access to a pleasant terrace with leisure area - Fully equipped open space kitchen - Bedroom with built-in wardrobe - Bathroom with bathtub - Service bathroom It also has shared outdoor parking and a very affordable condominium fee: 1,100/year. The Albufeira Jardim condominium offers a variety of amenities - Pools for adults and children - Panoramic restaurant/bar with international cuisine and TV with sports channels - Additional bar ideal for relaxing - 2 tennis courts - Walking proximity to beaches (less than 10 minutes) Just 38 km from Faro Airport, this is an excellent option for both residence and investment. Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
1 Bedroom Apartment with Terrace and Privileged Location. Excellent opportunity to purchase a 1 bedroom apartment on the ground floor, inserted in a condominium with a privileged location just 700 meters from Albufeira Beach The property has: - Living and dining room with direct access to a pleasant terrace with leisure area - Fully equipped open space kitchen - Bedroom with built-in wardrobe - Bathroom with bathtub - Service bathroom It also has shared outdoor parking and a very affordable condominium fee: 1,100/year. The Albufeira Jardim condominium offers a variety of amenities - Pools for adults and children - Panoramic restaurant/bar with international cuisine and TV with sports channels - Additional bar ideal for relaxing - 2 tennis courts - Walking proximity to beaches (less than 10 minutes) Just 38 km from Faro Airport, this is an excellent option for both residence and investment. Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
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Property on Map

#AP668

Currency Exchange

Albufeira, Faro, Portugal, 8200-916

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 €225,000 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
€225,000 £185,726 £196,202 £10,476
Property Price € €225,000
Minimum cost in the last six months £185,726
Maximum cost in the last six months £196,202
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,476

Albufeira, Faro, Portugal, 8200-916

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 €225,000 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
€225,000 £185,726 £196,202 £10,476
Property Price € €225,000
Minimum cost in the last six months £185,726
Maximum cost in the last six months £196,202
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,476

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 £10,476 more.

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