We present to you this excellent 1-bedroom apartment on the top floor of a modern residential condominium in Olhão, with a private 25sqm terrace, communal rooftop pool and high-quality finishes

Quelfes, Faro, Portugal

For Sale

€295,000

REF: 896329 €295,000


1

1

67 m2

93 m2

Description

We present to you this excellent 1-bedroom apartment on the top floor of a modern residential condominium in Olhão, with a private 25sqm terrace, communal rooftop pool and high-quality finishes. Main Features: Living room and kitchen in open space with 28sqm 1 Bedroom en suite with built-in closet and access to a generous balcony Full bathroom with suspended toilets Private terrace of 25sqm, ideal for enjoying moments outdoors 1 underground parking space included in the price Possibility of purchasing a garage in a box on floor -2 Condominium with Rooftop Pool and Leisure Area: On the building's terrace you will find a communal swimming pool and a social area perfect for relaxing or socializing with friends and family.

Extras and Equipment: Kitchen equipped with appliances Electric blinds Floating floor False ceilings with built-in LED lighting Video intercom High security door Solar panels for water heating Premium Location: Located in a quiet residential area with all services on the doorstep. Just 5 minutes from Olhão markets, the best traditional restaurants and the pier for boarding to the islands of Ria Formosa.

️ Construction Status: Construction Started in June 2024 Estimated delivery time: between 18 and 24 months (until August 2026) The images presented are illustrative and correspond to properties already completed with identical finishes. Don't miss this opportunity! Contact us for more information or to schedule your visit.
We present to you this excellent 1-bedroom apartment on the top floor of a modern residential condominium in Olhão, with a private 25sqm terrace, communal rooftop pool and high-quality finishes. Main Features: Living room and kitchen in open space with 28sqm 1 Bedroom en suite with built-in closet and access to a generous balcony Full bathroom with suspended toilets Private terrace of 25sqm, ideal for enjoying moments outdoors 1 underground parking space included in the price Possibility of purchasing a garage in a box on floor -2 Condominium with Rooftop Pool and Leisure Area: On the building's terrace you will find a communal swimming pool and a social area perfect for relaxing or socializing with friends and family.

Extras and Equipment: Kitchen equipped with appliances Electric blinds Floating floor False ceilings with built-in LED lighting Video intercom High security door Solar panels for water heating Premium Location: Located in a quiet residential area with all services on the doorstep. Just 5 minutes from Olhão markets, the best traditional restaurants and the pier for boarding to the islands of Ria Formosa.

️ Construction Status: Construction Started in June 2024 Estimated delivery time: between 18 and 24 months (until August 2026) The images presented are illustrative and correspond to properties already completed with identical finishes. Don't miss this opportunity! Contact us for more information or to schedule your visit.
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Currency Exchange

Quelfes, 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 €295,000 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
€295,000 £243,481 £256,087 £12,605
Property Price € €295,000
Minimum cost in the last six months £243,481
Maximum cost in the last six months £256,087
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,605

Quelfes, 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 €295,000 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
€295,000 £243,481 £256,087 £12,605
Property Price € €295,000
Minimum cost in the last six months £243,481
Maximum cost in the last six months £256,087
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,605

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 £12,605 more.

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