Incredible three bedroom penthouse apartment with great local facilities, located on top floor

Loulé, Faro, Portugal, 8125-020

For Sale

€415,000

REF: 802230 €415,000


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Description

Top floor, beautifully refurbished three bedroom penthouse apartment in popular village complex with fantastic views and open plan lounge and kitchen. Located on the top floor, it comprises of a bright and spacious east facing living room/dining room and three great size bedrooms, one en-suite and another shared bathroom.

There is easy access to the rooftop as well. A fantastic three-bedroom modernised penthouse apartment for sale in Al-sakia Village, with incredible views. Located on the top floor, it comprises of a bright and spacious east facing living room/dining room and three great size bedrooms, one en-suite and another shared bathroom.

Both bathrooms benefit from underfloor heating. There is easy access to the rooftop as well. The open plan kitchen and lounge share a balcony over looking the condominium pool area and has great views of the area. The master bedroom also has a south facing balcony so owners can benefit from sun or shade throughout the day. This apartment also comes with one private parking space in the garage and a storage room. This village complex benefits from numerous services such as a gymnasium, a family restaurant and bar, large outdoor pool with bar service for drinks and snacks.

The huge 800m2 pool area also has a large garden area and tennis courts. Other handy amenities include a pet shop and beauty salon and now brand new Padel Tennis courts. The area is exceptionally sought after, especially after the full refurbishment of the family bar and restaurant. This property is ideal for all year round living or as an investment with excellent rental returns from long term tenants or holiday makers.

This perfect location makes this a good investment to appeal to many. There is a great sense of community within this bubbly, diverse complex. Additionally, it is only a 15 minute walk to the beach. With its ideal location and only a short drive away, visitors can experience the beautiful Vilamoura Marina, which is one of the biggest attractions within the town, and there are a good selection of shops, bars and restaurants for those who fancy fine wine and dining, as well as an array of exciting water sports and boat trips. Vilamoura is a modern and sophisticated holiday destination that is situated on one of the finest beaches of Central Algarve.

At the heart of Vilamoura is the Marina which has the capacity to berth over 1,000 vessels. The marina is surrounded by large hotels and luxury holiday homes as well as a medium-sized casino, numerous restaurants, and vibrant bars.
Top floor, beautifully refurbished three bedroom penthouse apartment in popular village complex with fantastic views and open plan lounge and kitchen. Located on the top floor, it comprises of a bright and spacious east facing living room/dining room and three great size bedrooms, one en-suite and another shared bathroom.

There is easy access to the rooftop as well. A fantastic three-bedroom modernised penthouse apartment for sale in Al-sakia Village, with incredible views. Located on the top floor, it comprises of a bright and spacious east facing living room/dining room and three great size bedrooms, one en-suite and another shared bathroom.

Both bathrooms benefit from underfloor heating. There is easy access to the rooftop as well. The open plan kitchen and lounge share a balcony over looking the condominium pool area and has great views of the area. The master bedroom also has a south facing balcony so owners can benefit from sun or shade throughout the day. This apartment also comes with one private parking space in the garage and a storage room. This village complex benefits from numerous services such as a gymnasium, a family restaurant and bar, large outdoor pool with bar service for drinks and snacks.

The huge 800m2 pool area also has a large garden area and tennis courts. Other handy amenities include a pet shop and beauty salon and now brand new Padel Tennis courts. The area is exceptionally sought after, especially after the full refurbishment of the family bar and restaurant. This property is ideal for all year round living or as an investment with excellent rental returns from long term tenants or holiday makers.

This perfect location makes this a good investment to appeal to many. There is a great sense of community within this bubbly, diverse complex. Additionally, it is only a 15 minute walk to the beach. With its ideal location and only a short drive away, visitors can experience the beautiful Vilamoura Marina, which is one of the biggest attractions within the town, and there are a good selection of shops, bars and restaurants for those who fancy fine wine and dining, as well as an array of exciting water sports and boat trips. Vilamoura is a modern and sophisticated holiday destination that is situated on one of the finest beaches of Central Algarve.

At the heart of Vilamoura is the Marina which has the capacity to berth over 1,000 vessels. The marina is surrounded by large hotels and luxury holiday homes as well as a medium-sized casino, numerous restaurants, and vibrant bars.
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#OH2688

Currency Exchange

Loulé, Faro, Portugal, 8125-020

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 €415,000 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
€415,000 £353,036 £363,764 £10,728
Property Price € €415,000
Minimum cost in the last six months £353,036
Maximum cost in the last six months £363,764
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,728

Loulé, Faro, Portugal, 8125-020

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 €415,000 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
€415,000 £353,036 £363,764 £10,728
Property Price € €415,000
Minimum cost in the last six months £353,036
Maximum cost in the last six months £363,764
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,728

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 £10,728 more.

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