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Luxury Duplex apartment (2+1) in Amendoeira Golf Resort
Silves, Faro, Portugal, 8365-203
REF: 732933
€575,000
Description
A luxury2+1 bedroom duplex apartment with large balconies and a terrace in this Moorish-inspired, central Algarve golf and leisure resort Adjacent to O€™Connor Jr. and Faldo fairways. Communal pool and undercroft parking with storage. High rental potential. This three-bedroom (T2+1) duplex apartment is designed to international hotel standards and is beautifully furnished and maintained.
The apartment benefits from a potential third bedroom or office space on the upper floor, which opens onto a large terrace with splendid views across the resort and over the orange groves beyond. On the main floor are two further bedrooms, of which one is ensuite, a large open-plan kitchen with access to a rear balcony, and a lounge with access to a south-facing terrace with views over the resort. With an allocated space in the underground garage and storage lock-up, and complimentary access to all main resort facilities, including two swimming pools.
The Amendoeira Golf and Leisure Resort was conceived to offer everything the golf aficionado needs when playing a round of golf or when relaxing. Designed to appeal to families as well as enthusiastic Pro-Am€™s, this luxury and Moorish-inspired resort boasts both the O€™Connor Jnr and Faldo courses and has the only floodlit nine-hole, par-3 course in Portugal!
With a fully equipped gymnasium, several tennis courts, a grass football pitch, two communal swimming pools, and extensive grounds, this idyllic resort, which is nestled within an area of outstanding natural beauty, has a relaxed and informal feel yet feels close to everything the wider Algarve region has to offer.
Buying property within the resort offers many benefits, including reception and security, discounted daily housekeeping, and even a rental service that provides lucrative rental incomes, especially in peak season. There is also an airport, beach, and resort shuttle available for owners and their guests.
A luxury2+1 bedroom duplex apartment with large balconies and a terrace in this Moorish-inspired, central Algarve golf and leisure resort Adjacent to O€™Connor Jr. and Faldo fairways. Communal pool and undercroft parking with storage. High rental potential. This three-bedroom (T2+1) duplex apartment is designed to international hotel standards and is beautifully furnished and maintained.
The apartment benefits from a potential third bedroom or office space on the upper floor, which opens onto a large terrace with splendid views across the resort and over the orange groves beyond. On the main floor are two further bedrooms, of which one is ensuite, a large open-plan kitchen with access to a rear balcony, and a lounge with access to a south-facing terrace with views over the resort. With an allocated space in the underground garage and storage lock-up, and complimentary access to all main resort facilities, including two swimming pools.
The Amendoeira Golf and Leisure Resort was conceived to offer everything the golf aficionado needs when playing a round of golf or when relaxing. Designed to appeal to families as well as enthusiastic Pro-Am€™s, this luxury and Moorish-inspired resort boasts both the O€™Connor Jnr and Faldo courses and has the only floodlit nine-hole, par-3 course in Portugal!
With a fully equipped gymnasium, several tennis courts, a grass football pitch, two communal swimming pools, and extensive grounds, this idyllic resort, which is nestled within an area of outstanding natural beauty, has a relaxed and informal feel yet feels close to everything the wider Algarve region has to offer.
Buying property within the resort offers many benefits, including reception and security, discounted daily housekeeping, and even a rental service that provides lucrative rental incomes, especially in peak season. There is also an airport, beach, and resort shuttle available for owners and their guests.
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Currency Exchange
Silves, Faro, Portugal, 8365-203
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £489,147 | £504,011 | £14,864 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £489,147 |
| Maximum cost in the last six months | £504,011 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,864 |
Silves, Faro, Portugal, 8365-203
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £489,147 | £504,011 | £14,864 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £489,147 |
| Maximum cost in the last six months | £504,011 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,864 |
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 £14,864 more.
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