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Prime located beautifully renovated villa with pool and sea views
Albufeira, Faro, Portugal, 8200-115
REF: 867144
€945,000
Description
A beautifully refurbished semi-detached private home boasting spectacular ocean views, a heated saltwater plunge pool, three double bedrooms, and an additional study/guest room.The property includes a spacious living room, a sleek modern kitchen, and breathtaking views from most rooms and outdoor terraces. Discover a rare opportunity to own a beautifully renovated coastal villa in one of the Algarve۪s most desirable and exclusive neighbourhoods in Albufeira۪s Old Town. This exceptional home boasts panoramic ocean views from nearly every room, and is just a short walk to golden beaches, the scenic Albufeira Marina, and charming local caf̩s and restaurants.
Perfect as a primary residence, luxury vacation home, or potential rental investment, this property offers a sought-after blend of quiet seclusion and walkable convenience€”an ideal lifestyle base for buyers looking to relocate or invest abroad.
Property Highlights:
- Breathtaking Atlantic views from the living room, bedrooms, terraces & rooftop
- Heated saltwater plunge pool on a raised, glass-fronted sun deck
- Spacious open-plan living/dining room with traditional terracotta flooring and a wood burner
- Four bedrooms including one flexible office/guest suite with ensuite
- Fully modernised kitchen with quality appliances and access to outdoor dining & BBQ area
- Stunning rooftop terrace for sunset cocktails or morning yoga with ocean views
- Air conditioning, solar panels, updated windows & doors (2024) for energy efficiency
- Private garage, carport, and storage/utility space
The home is spread across four well-designed levels and located in a peaceful cul-de-sac, offering a tranquil retreat just ten minutes on foot to the beach and marina.
While currently a private residence, this property could be an excellent income-generating asset subject to approval of an Alojamento Local (AL) rental licence. With strong tourism demand and year-round appeal, it offers excellent versatility for personal use or potential rental income.
As part of the Cerro Novo family, you€™ll also have access to our on-the-ground Property Management and Rentals team, who can assist with everything from maintenance to full-service short-term letting€”giving you complete peace of mind, whether you live in Portugal full-time or visit seasonally.
A beautifully refurbished semi-detached private home boasting spectacular ocean views, a heated saltwater plunge pool, three double bedrooms, and an additional study/guest room.The property includes a spacious living room, a sleek modern kitchen, and breathtaking views from most rooms and outdoor terraces. Discover a rare opportunity to own a beautifully renovated coastal villa in one of the Algarve۪s most desirable and exclusive neighbourhoods in Albufeira۪s Old Town. This exceptional home boasts panoramic ocean views from nearly every room, and is just a short walk to golden beaches, the scenic Albufeira Marina, and charming local caf̩s and restaurants.
Perfect as a primary residence, luxury vacation home, or potential rental investment, this property offers a sought-after blend of quiet seclusion and walkable convenience€”an ideal lifestyle base for buyers looking to relocate or invest abroad.
Property Highlights:
- Breathtaking Atlantic views from the living room, bedrooms, terraces & rooftop
- Heated saltwater plunge pool on a raised, glass-fronted sun deck
- Spacious open-plan living/dining room with traditional terracotta flooring and a wood burner
- Four bedrooms including one flexible office/guest suite with ensuite
- Fully modernised kitchen with quality appliances and access to outdoor dining & BBQ area
- Stunning rooftop terrace for sunset cocktails or morning yoga with ocean views
- Air conditioning, solar panels, updated windows & doors (2024) for energy efficiency
- Private garage, carport, and storage/utility space
The home is spread across four well-designed levels and located in a peaceful cul-de-sac, offering a tranquil retreat just ten minutes on foot to the beach and marina.
While currently a private residence, this property could be an excellent income-generating asset subject to approval of an Alojamento Local (AL) rental licence. With strong tourism demand and year-round appeal, it offers excellent versatility for personal use or potential rental income.
As part of the Cerro Novo family, you€™ll also have access to our on-the-ground Property Management and Rentals team, who can assist with everything from maintenance to full-service short-term letting€”giving you complete peace of mind, whether you live in Portugal full-time or visit seasonally.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-115
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 €945,000 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 |
|---|---|---|---|
| €945,000 | £778,586 | £820,345 | £41,760 |
| Property Price € | €945,000 |
| Minimum cost in the last six months | £778,586 |
| Maximum cost in the last six months | £820,345 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,760 |
Albufeira, Faro, Portugal, 8200-115
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 €945,000 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 |
|---|---|---|---|
| €945,000 | £778,586 | £820,345 | £41,760 |
| Property Price € | €945,000 |
| Minimum cost in the last six months | £778,586 |
| Maximum cost in the last six months | £820,345 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,760 |
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 £41,760 more.
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