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One-bedroom duplex apartment at Pestana Gramacho Golf
Lagoa, Faro, Portugal, 8400-010
REF: 742067
€230,000
Description
A lovely one-bedroom duplex apartment located within a well-maintained building on the Pestana Gramacho resort near Carvoeiro. Excellent communal pool, gardens, reception area and on-resort golf with exclusive deals for owners and guests. Good rental potential.
A special one-bedroom duplex apartment in a small apartment building in the Pestana Gramacho Golf Resort near Carvoeiro. The Gramacho Golf Course was originally designed as a nine-hole course, which has been extended and cleverly redesigned to become a challenging, undulating 18-hole course. With olive, almond and carob trees scattered throughout the resort, this property has excellent kerb appeal and will make a great rental income generator or second home.
With an inverted layout, there's a large ensuite bedroom suite on the ground floor with direct access to the communal gardens. Upstairs, there€™s a large living room with a semi-open plan, a fully equipped kitchen, and a splendid balcony overlooking the surrounding area.
Air-conditioned throughout, neutrally presented, and parking onsite. There is a lovely communal pool with a sun terrace and views of the Monchique mountains.
Excellent golf, leisure and lounge facilities are all within a short walk from your front door. Carvoeiro is a really charming fishing village in the centre of the Algarve coast that has grown into one of the most beautiful tourist towns with wonderful golden sandy coves, excellent restaurants and facilities plus one of the best tennis clubs and amazing golf courses. There is a relaxed and very natural feeling which allows everyone to totally wind down and enjoy the best of the Algarve. Faro International airport is 60 minutes drive.
A lovely one-bedroom duplex apartment located within a well-maintained building on the Pestana Gramacho resort near Carvoeiro. Excellent communal pool, gardens, reception area and on-resort golf with exclusive deals for owners and guests. Good rental potential.
A special one-bedroom duplex apartment in a small apartment building in the Pestana Gramacho Golf Resort near Carvoeiro. The Gramacho Golf Course was originally designed as a nine-hole course, which has been extended and cleverly redesigned to become a challenging, undulating 18-hole course. With olive, almond and carob trees scattered throughout the resort, this property has excellent kerb appeal and will make a great rental income generator or second home.
With an inverted layout, there's a large ensuite bedroom suite on the ground floor with direct access to the communal gardens. Upstairs, there€™s a large living room with a semi-open plan, a fully equipped kitchen, and a splendid balcony overlooking the surrounding area.
Air-conditioned throughout, neutrally presented, and parking onsite. There is a lovely communal pool with a sun terrace and views of the Monchique mountains.
Excellent golf, leisure and lounge facilities are all within a short walk from your front door. Carvoeiro is a really charming fishing village in the centre of the Algarve coast that has grown into one of the most beautiful tourist towns with wonderful golden sandy coves, excellent restaurants and facilities plus one of the best tennis clubs and amazing golf courses. There is a relaxed and very natural feeling which allows everyone to totally wind down and enjoy the best of the Algarve. Faro International airport is 60 minutes drive.
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Currency Exchange
Lagoa, Faro, Portugal, 8400-010
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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,349 | £5,690 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,690 |
Lagoa, Faro, Portugal, 8400-010
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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,349 | £5,690 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,690 |
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 £5,690 more.
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