T1+ Stunning frontline development at Olhos de Água

Albufeira, Faro, Portugal, 8200-635

For Sale

€570,000

REF: 731368 €570,000


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Description

A stylishly refurbished condominium with awe-inspiring ocean views located in a fine, cliff top position adjacent to the ancient fishing village of Olhos de Água. Comprising a range of apartments and townhouses sharing world-class leisure and communal facilities, beach access and great investment potential.

A truly inspired and sensitive redevelopment of a clifftop condominium adjacent to the beautiful town and fishing village of Olhos de Água. Bringing together a collection of one- and two-bedroom apartments in plus two bedroom townhouses, this complex will offer premier ocean front living with state-of-the-art facilities. A selection of T1+ apartments with a beautiful multi-level layout across four split-levels enhancing the feeling of space while offering residents privacy in their own area if working, cooking, reading, or relaxing watching TV for example.   Opening to a semi-open plan ground floor with bespoke kitchen, dining area and bright and spacious living space with focal fireplace and patio doors opening to the terrace with pergola.   Rising via stairs to the stunning bedroom across two discrete levels is a bedroom and a large, bespoke bathroom adjacent.  The area includes wardrobe storage and patio door access to another generous outdoor lounge / terrace.. An exceptional array of on-site amenities will include a large pool, gymnasium, spa, organic foods store and restaurant.

There will also be co-working and relaxation lounges for informal meetings, gatherings and communal wellbeing for residents and their guests. For residents venturing outside of the complex, pathways will lead directly to the beach through the clifftop gardens and yoga / zen zones will be available for communal use.

Everything is within easy reach, including the delightful village of Olhos de Água and plentiful shopping and eating establishments in the surrounding neighbourhoods. Owners and invited guests will be relaxed to find that a 24-hour reception, welcome and security service is in place, alongside an on-site property management and rentals service for a worry-free investment. Almost every unit within this reinvigorated condominium will enjoy ocean views in one of three aspects. Interior styling and design choices will complement the look and feel in the wider complex; natural materials, neutral palette and individually designed pieces throughout.
A stylishly refurbished condominium with awe-inspiring ocean views located in a fine, cliff top position adjacent to the ancient fishing village of Olhos de Água. Comprising a range of apartments and townhouses sharing world-class leisure and communal facilities, beach access and great investment potential.

A truly inspired and sensitive redevelopment of a clifftop condominium adjacent to the beautiful town and fishing village of Olhos de Água. Bringing together a collection of one- and two-bedroom apartments in plus two bedroom townhouses, this complex will offer premier ocean front living with state-of-the-art facilities. A selection of T1+ apartments with a beautiful multi-level layout across four split-levels enhancing the feeling of space while offering residents privacy in their own area if working, cooking, reading, or relaxing watching TV for example.   Opening to a semi-open plan ground floor with bespoke kitchen, dining area and bright and spacious living space with focal fireplace and patio doors opening to the terrace with pergola.   Rising via stairs to the stunning bedroom across two discrete levels is a bedroom and a large, bespoke bathroom adjacent.  The area includes wardrobe storage and patio door access to another generous outdoor lounge / terrace.. An exceptional array of on-site amenities will include a large pool, gymnasium, spa, organic foods store and restaurant.

There will also be co-working and relaxation lounges for informal meetings, gatherings and communal wellbeing for residents and their guests. For residents venturing outside of the complex, pathways will lead directly to the beach through the clifftop gardens and yoga / zen zones will be available for communal use.

Everything is within easy reach, including the delightful village of Olhos de Água and plentiful shopping and eating establishments in the surrounding neighbourhoods. Owners and invited guests will be relaxed to find that a 24-hour reception, welcome and security service is in place, alongside an on-site property management and rentals service for a worry-free investment. Almost every unit within this reinvigorated condominium will enjoy ocean views in one of three aspects. Interior styling and design choices will complement the look and feel in the wider complex; natural materials, neutral palette and individually designed pieces throughout.
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Property on Map

#CN10183

Currency Exchange

Albufeira, Faro, Portugal, 8200-635

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 €570,000 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
€570,000 £484,893 £499,628 £14,735
Property Price € €570,000
Minimum cost in the last six months £484,893
Maximum cost in the last six months £499,628
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,735

Albufeira, Faro, Portugal, 8200-635

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 €570,000 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
€570,000 £484,893 £499,628 £14,735
Property Price € €570,000
Minimum cost in the last six months £484,893
Maximum cost in the last six months £499,628
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,735

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 £14,735 more.

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