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Spacious 3-Bedroom Apartment with Private Yard, Steps from Falesia Beach, Albufeira
Albufeira, Faro, Portugal, 8200-912
REF: 938714
€590,000
Description
Spacious three-bedroom apartment near Falesia Beach, Algarve. Features a private 198m² yard, ensuite, pool, parking. Ideal for residence or investment between Albufeira and Vilamoura. Just 400 metres from the stunning Falesia Beach, this spacious three-bedroom ground-floor apartment offers an excellent opportunity to experience Algarve living at its best. Nestled between the vibrant towns of Albufeira and Vilamoura, it offers easy access to both, as well as the nearby Pine Cliffs Golf Resort, making it perfect for permanent living, a holiday home, or a high-yield investment property.
Upon entering, you€™ll find a bright and airy open-plan living space with direct access to a 198m² private garden€”an incredibly rare feature for this type of property. The lounge and dining area flow seamlessly into the outdoor space, creating a wonderful spot for relaxation or alfresco dining. The modern kitchen is fully equipped, providing everything needed for day-to-day living or entertaining. The apartment features three spacious bedrooms, including a main suite with an ensuite shower room, and a family bathroom, making it ideal for families, couples, or small groups.
The condominium is well-maintained, offering excellent amenities including two swimming pools, landscaped gardens, and secure parking. This property could also be eligible for an Alojamento Local (AL) rental licence, providing excellent rental income potential for short-term holiday lets in this highly sought-after location.
Falesia Beach is famous for its stunning natural beauty, with red cliffs and golden sand stretching for kilometres. Residents are perfectly placed to enjoy outdoor activities, from beach days and hiking trails to water sports. The area also offers a wide variety of dining options, shopping, and entertainment, with the stunning Pine Cliffs hotel close by. Just a short drive away, the vibrant Vilamoura Marina and Albufeira€™s historic Old Town offer even more lifestyle choices.
Whether you're looking to relocate, invest, or find a relaxing escape, this apartment offers comfort, convenience, and location€”all in one. Don't miss the chance to make it yours, arrange your virtual or in-person viewing today.
Spacious three-bedroom apartment near Falesia Beach, Algarve. Features a private 198m² yard, ensuite, pool, parking. Ideal for residence or investment between Albufeira and Vilamoura. Just 400 metres from the stunning Falesia Beach, this spacious three-bedroom ground-floor apartment offers an excellent opportunity to experience Algarve living at its best. Nestled between the vibrant towns of Albufeira and Vilamoura, it offers easy access to both, as well as the nearby Pine Cliffs Golf Resort, making it perfect for permanent living, a holiday home, or a high-yield investment property.
Upon entering, you€™ll find a bright and airy open-plan living space with direct access to a 198m² private garden€”an incredibly rare feature for this type of property. The lounge and dining area flow seamlessly into the outdoor space, creating a wonderful spot for relaxation or alfresco dining. The modern kitchen is fully equipped, providing everything needed for day-to-day living or entertaining. The apartment features three spacious bedrooms, including a main suite with an ensuite shower room, and a family bathroom, making it ideal for families, couples, or small groups.
The condominium is well-maintained, offering excellent amenities including two swimming pools, landscaped gardens, and secure parking. This property could also be eligible for an Alojamento Local (AL) rental licence, providing excellent rental income potential for short-term holiday lets in this highly sought-after location.
Falesia Beach is famous for its stunning natural beauty, with red cliffs and golden sand stretching for kilometres. Residents are perfectly placed to enjoy outdoor activities, from beach days and hiking trails to water sports. The area also offers a wide variety of dining options, shopping, and entertainment, with the stunning Pine Cliffs hotel close by. Just a short drive away, the vibrant Vilamoura Marina and Albufeira€™s historic Old Town offer even more lifestyle choices.
Whether you're looking to relocate, invest, or find a relaxing escape, this apartment offers comfort, convenience, and location€”all in one. Don't miss the chance to make it yours, arrange your virtual or in-person viewing today.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-912
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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £512,173 | £26,072 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £512,173 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,072 |
Albufeira, Faro, Portugal, 8200-912
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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £512,173 | £26,072 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £512,173 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,072 |
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 £26,072 more.
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