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Pretty three Bedroom Bungalow with Sea Views in Cerro da Ãguia
Albufeira, Faro, Portugal, 8200-319
REF: 929565
€690,000
Description
Lovely three-bedroom bungalow in Cerro da Ãguia, Albufeira, with a spacious lounge, separate kitchen, and master suite with walk-in wardrobe. South-facing porch with sea views, 5 mins to the beach and the centre of Albufeira. Located in the peaceful and well-established neighbourhood of Cerro da Ãguia, this delightful three-bedroom bungalow offers space, charm, and versatility in one of Albufeira€™s most desirable residential areas. With captivating sea views, a south-facing aspect, and flexible accommodation, this property is an ideal choice for families, second-home seekers, or those looking to generate rental income.
Set on a low-maintenance plot, the main house features a spacious living room with patio doors that open onto a large, covered terrace€”perfect for al fresco dining and enjoying the Algarve sunshine. The separate, fully fitted kitchen includes ample space for a dining table and benefits from direct access to the outdoor area. There€™s also a practical storage room for everyday convenience.
Three generously sized bedrooms all come with fitted wardrobes, and the master suite includes a walk-in wardrobe and a private bathroom. This level of comfort makes the home ideal for year-round living or extended holidays.
An added bonus of this property is the cleverly converted basement with natural light, which has been divided into two self-contained one-bedroom apartments. With their own access and private entrances, these are ideal for hosting guests, multi-generational living, or offering as short-term holiday rentals to maximise investment potential.
Just a five-minute drive from Albufeira€™s vibrant old town, marina, and beaches, the home is perfectly located to enjoy the best of the central Algarve. With local amenities close by and Faro International Airport only 40 minutes away, it offers convenience without compromising on tranquillity.
Lovely three-bedroom bungalow in Cerro da Ãguia, Albufeira, with a spacious lounge, separate kitchen, and master suite with walk-in wardrobe. South-facing porch with sea views, 5 mins to the beach and the centre of Albufeira. Located in the peaceful and well-established neighbourhood of Cerro da Ãguia, this delightful three-bedroom bungalow offers space, charm, and versatility in one of Albufeira€™s most desirable residential areas. With captivating sea views, a south-facing aspect, and flexible accommodation, this property is an ideal choice for families, second-home seekers, or those looking to generate rental income.
Set on a low-maintenance plot, the main house features a spacious living room with patio doors that open onto a large, covered terrace€”perfect for al fresco dining and enjoying the Algarve sunshine. The separate, fully fitted kitchen includes ample space for a dining table and benefits from direct access to the outdoor area. There€™s also a practical storage room for everyday convenience.
Three generously sized bedrooms all come with fitted wardrobes, and the master suite includes a walk-in wardrobe and a private bathroom. This level of comfort makes the home ideal for year-round living or extended holidays.
An added bonus of this property is the cleverly converted basement with natural light, which has been divided into two self-contained one-bedroom apartments. With their own access and private entrances, these are ideal for hosting guests, multi-generational living, or offering as short-term holiday rentals to maximise investment potential.
Just a five-minute drive from Albufeira€™s vibrant old town, marina, and beaches, the home is perfectly located to enjoy the best of the central Algarve. With local amenities close by and Faro International Airport only 40 minutes away, it offers convenience without compromising on tranquillity.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-319
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 €690,000 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 |
|---|---|---|---|
| €690,000 | £569,498 | £598,982 | £29,484 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £569,498 |
| Maximum cost in the last six months | £598,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,484 |
Albufeira, Faro, Portugal, 8200-319
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 €690,000 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 |
|---|---|---|---|
| €690,000 | £569,498 | £598,982 | £29,484 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £569,498 |
| Maximum cost in the last six months | £598,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,484 |
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 £29,484 more.
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