RESERVED - Very cosy duplex flat with sea views in a central area

Albufeira, Faro, Portugal

For Sale

€249,000

REF: 758845 €249,000


1

1


85 m2

153 m2

Description

RESERVED - Very cosy duplex flat with sea views in a central area. Its composition is as follows: on the ground floor there is an entrance hall, a fully renovated bathroom, a small storage area and a generous bedroom with a balcony. On the 1st floor there is a west-facing terrace, a lounge with a kitchenette, equipped with a fridge, dishwasher and washing machine, and access to a balcony connecting to the east-facing terrace.

There is also another room that serves as a second lounge and bedroom with direct access to the terrace. It's on the 3rd and last floor of the building, with lift access. It has access to the condominium's garden and pool area. It's very central, on Albufeira's most important avenue, a 10-metre walk from the beach and the historic centre.

Next to this condominium, there is a wide range of shops and services, such as 2 large supermarkets, a shopping centre, pastry shops, snack bars and restaurants, various banks, a post office and the town hall, a fire station, a stationery shop, an art studio, a local and regional bus stop and a taxi rank, etc.

A short walk away is the town's sports park, the police station and the typical market. Whether you want to live here or earn a high income from renting it out, this is an excellent flat, very well located and with a wide view of the city, taking advantage of the east/west layout and the sea view. At IAD, we share business with any real estate agent.

We have a concept of virtual showcasing of our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you would like to arrange a visit, either in person or virtually. #ref: 109260
RESERVED - Very cosy duplex flat with sea views in a central area. Its composition is as follows: on the ground floor there is an entrance hall, a fully renovated bathroom, a small storage area and a generous bedroom with a balcony. On the 1st floor there is a west-facing terrace, a lounge with a kitchenette, equipped with a fridge, dishwasher and washing machine, and access to a balcony connecting to the east-facing terrace.

There is also another room that serves as a second lounge and bedroom with direct access to the terrace. It's on the 3rd and last floor of the building, with lift access. It has access to the condominium's garden and pool area. It's very central, on Albufeira's most important avenue, a 10-metre walk from the beach and the historic centre.

Next to this condominium, there is a wide range of shops and services, such as 2 large supermarkets, a shopping centre, pastry shops, snack bars and restaurants, various banks, a post office and the town hall, a fire station, a stationery shop, an art studio, a local and regional bus stop and a taxi rank, etc.

A short walk away is the town's sports park, the police station and the typical market. Whether you want to live here or earn a high income from renting it out, this is an excellent flat, very well located and with a wide view of the city, taking advantage of the east/west layout and the sea view. At IAD, we share business with any real estate agent.

We have a concept of virtual showcasing of our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you would like to arrange a visit, either in person or virtually. #ref: 109260
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Property on Map

#109260

Currency Exchange

Albufeira, Faro, Portugal

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 €249,000 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
€249,000 £211,822 £218,258 £6,437
Property Price € €249,000
Minimum cost in the last six months £211,822
Maximum cost in the last six months £218,258
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,437

Albufeira, Faro, Portugal

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 €249,000 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
€249,000 £211,822 £218,258 £6,437
Property Price € €249,000
Minimum cost in the last six months £211,822
Maximum cost in the last six months £218,258
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,437

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 £6,437 more.

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