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THE CREST - LOULE - COSY 3-BEDROOM TOWNHOUSE
Almancil, Portugal
REF: 798973
€750,000
Description
This townhouse is a wonderful property that comes with 3 bedrooms and 3 bathrooms, which are sold fully furnished for your convenience. The property also features a condominium pool and garage, making it an ideal choice for a holiday home with high rental potential. You can have peace of mind knowing that the development is gated and comes with 24-hour security. The ground floor of the townhouse comprises a fully fitted kitchen, a spacious living area, and a double bedroom with fully fitted wardrobes and a bathroom. You can also access the terrace and pool directly from the living area. On the first floor, you will find the master bedroom with fully fitted wardrobes, an en-suite shower room, and a terrace with beautiful distant sea views. There is another bedroom with an en-suite bathroom on this floor as well. The basement of the townhouse offers a single garage, a fully fitted and equipped utility room, a spacious shower room, and a fourth bedroom with fitted wardrobes. This room could be used as an entertainment room, office, or gym, depending on your needs. The townhouse is equipped with split unit air conditioning and pre-installation for under-floor heating. You will also find an alarm system, distant sea views, and a garden. Mosquito nets are provided for added comfort. The townhouse is located in an excellent area, with the beach just a 10-minute drive away and the airport a short 15-minute drive. The property is part of a luxury development and offers a strong yield of 4.5%, with an annual rent ranging from 3,000 to 4,000 per month. During the high season, the rent can reach 2,500 to 3,500 per week. The Golden Triangle is situated in the central Algarve region, encompassing Quinta do Lago, Vale do Lobo, Vilamoura, and the surrounding areas. It boasts some of the most sophisticated and exclusive areas along the coast. The region features championship golf courses and other world-class sports facilities, a vast array of restaurants, and shopping options. The resorts are immaculately maintained, and the properties are as luxurious and exciting as you might find anywhere in the world. The infrastructure is impeccable, and visitors and residents enjoy the highest possible standards.
This townhouse is a wonderful property that comes with 3 bedrooms and 3 bathrooms, which are sold fully furnished for your convenience. The property also features a condominium pool and garage, making it an ideal choice for a holiday home with high rental potential. You can have peace of mind knowing that the development is gated and comes with 24-hour security. The ground floor of the townhouse comprises a fully fitted kitchen, a spacious living area, and a double bedroom with fully fitted wardrobes and a bathroom. You can also access the terrace and pool directly from the living area. On the first floor, you will find the master bedroom with fully fitted wardrobes, an en-suite shower room, and a terrace with beautiful distant sea views. There is another bedroom with an en-suite bathroom on this floor as well. The basement of the townhouse offers a single garage, a fully fitted and equipped utility room, a spacious shower room, and a fourth bedroom with fitted wardrobes. This room could be used as an entertainment room, office, or gym, depending on your needs. The townhouse is equipped with split unit air conditioning and pre-installation for under-floor heating. You will also find an alarm system, distant sea views, and a garden. Mosquito nets are provided for added comfort. The townhouse is located in an excellent area, with the beach just a 10-minute drive away and the airport a short 15-minute drive. The property is part of a luxury development and offers a strong yield of 4.5%, with an annual rent ranging from 3,000 to 4,000 per month. During the high season, the rent can reach 2,500 to 3,500 per week. The Golden Triangle is situated in the central Algarve region, encompassing Quinta do Lago, Vale do Lobo, Vilamoura, and the surrounding areas. It boasts some of the most sophisticated and exclusive areas along the coast. The region features championship golf courses and other world-class sports facilities, a vast array of restaurants, and shopping options. The resorts are immaculately maintained, and the properties are as luxurious and exciting as you might find anywhere in the world. The infrastructure is impeccable, and visitors and residents enjoy the highest possible standards.
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Currency Exchange
Almancil, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £638,018 | £657,405 | £19,388 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £638,018 |
| Maximum cost in the last six months | £657,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,388 |
Almancil, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £638,018 | £657,405 | £19,388 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £638,018 |
| Maximum cost in the last six months | £657,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,388 |
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 £19,388 more.
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