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Excellent duplex Apartment with superb ocean views
Albufeira, Faro, Portugal, 8200-184
REF: 800016
€425,000
Description
A split level, duplex apartment at well-respected Windmill Hill. With excellent south / east views from all principal rooms. Superb communal facilities including pools, tennis and reception service and a restaurant in the historic windmill. An excellent duplex property in the well-regarded Windmill Hill complex situated above Albufeira€™s old town. With stunning communal facilities including a large pool, tennis courts and reception service, the historic windmill is also home to an exclusive restaurant.
With excellent kerb appeal, the apartment is situated in the highest part of the condominium with its whitewashed façades and calçada stone pathways. Upon entering, the use of large windows ensures the entire home is flooded with natural light from the south and east.
Split level, the principal rooms enjoy stunning views. With two bedrooms ( one ensuite) and an extra room/ office on the top-level. The large roof terrace with plenty of space for dining, barbecuing and relaxation has 270-degree views for sunrise views over the Atlantic ocean and surrounding rooftops.
There€™s communal parking for owners and their visitors, furniture negotiable.
Cerro Novo believe this will be the perfect apartment for permanent residence, luxury second home or as a high-end holiday rental.
A split level, duplex apartment at well-respected Windmill Hill. With excellent south / east views from all principal rooms. Superb communal facilities including pools, tennis and reception service and a restaurant in the historic windmill. An excellent duplex property in the well-regarded Windmill Hill complex situated above Albufeira€™s old town. With stunning communal facilities including a large pool, tennis courts and reception service, the historic windmill is also home to an exclusive restaurant.
With excellent kerb appeal, the apartment is situated in the highest part of the condominium with its whitewashed façades and calçada stone pathways. Upon entering, the use of large windows ensures the entire home is flooded with natural light from the south and east.
Split level, the principal rooms enjoy stunning views. With two bedrooms ( one ensuite) and an extra room/ office on the top-level. The large roof terrace with plenty of space for dining, barbecuing and relaxation has 270-degree views for sunrise views over the Atlantic ocean and surrounding rooftops.
There€™s communal parking for owners and their visitors, furniture negotiable.
Cerro Novo believe this will be the perfect apartment for permanent residence, luxury second home or as a high-end holiday rental.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-184
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,530 | £10,986 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,530 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,986 |
Albufeira, Faro, Portugal, 8200-184
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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,530 | £10,986 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,530 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,986 |
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 £10,986 more.
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