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Spacious Villa, 250m to Olhos d'Ãgua Beach, with Sea Views and Pool
Albufeira, Faro, Portugal, 8200-644
REF: 963833
€1,150,000
Description
Spacious 4-bedroom home just 250m from Olhos d'Ãgua beach. Features include a master bedroom converted into a self-contained unit with sea views, 3 ensuite bedrooms, a bright lounge, and a private pool. Perfect for family living or rental investment. Close to amenities, restaurants, shops, and schools. Well maintained, with potential for modernisation. Ideally located just a short 250-metre stroll from the beautiful beach of Olhos d€™Ãgua, this large offers an ideal combination of comfortable family living and excellent investment potential.
Set over two levels, the ground floor features a welcoming lounge, two bright and airy ensuite bedrooms, and a fully equipped separate kitchen. Upstairs, you€™ll find an additional ensuite bedroom, a family bathroom, and a generous master bedroom that includes a large closet€”currently transformed into a cosy lounge with a kitchen, creating a self-contained unit with direct access to a spacious terrace offering stunning sea views. This upper level is ideal for guests or can provide extra rental income.
Outdoors, the property boasts a private swimming pool surrounded by sunny terraces, perfect for relaxing or entertaining. The property is within easy walking distance of a wide range of amenities, including a supermarket, restaurants, shops, cafés, and a local school, making it suitable for a permanent residence, holiday home, or rental investment.
Well looked after over the years, the house is in very good condition, though it could benefit from some modernisation to reach its full potential.
This property is proudly presented by Cerro Novo, one of the Algarve€™s most established and trusted real estate agencies. With decades of experience, a deep understanding of the local market, and a commitment to personal service, our team is here to help you every step of the way in finding your ideal home in the Algarve. We warmly invite you to contact us for more information or to arrange a viewing.
Spacious 4-bedroom home just 250m from Olhos d'Ãgua beach. Features include a master bedroom converted into a self-contained unit with sea views, 3 ensuite bedrooms, a bright lounge, and a private pool. Perfect for family living or rental investment. Close to amenities, restaurants, shops, and schools. Well maintained, with potential for modernisation. Ideally located just a short 250-metre stroll from the beautiful beach of Olhos d€™Ãgua, this large offers an ideal combination of comfortable family living and excellent investment potential.
Set over two levels, the ground floor features a welcoming lounge, two bright and airy ensuite bedrooms, and a fully equipped separate kitchen. Upstairs, you€™ll find an additional ensuite bedroom, a family bathroom, and a generous master bedroom that includes a large closet€”currently transformed into a cosy lounge with a kitchen, creating a self-contained unit with direct access to a spacious terrace offering stunning sea views. This upper level is ideal for guests or can provide extra rental income.
Outdoors, the property boasts a private swimming pool surrounded by sunny terraces, perfect for relaxing or entertaining. The property is within easy walking distance of a wide range of amenities, including a supermarket, restaurants, shops, cafés, and a local school, making it suitable for a permanent residence, holiday home, or rental investment.
Well looked after over the years, the house is in very good condition, though it could benefit from some modernisation to reach its full potential.
This property is proudly presented by Cerro Novo, one of the Algarve€™s most established and trusted real estate agencies. With decades of experience, a deep understanding of the local market, and a commitment to personal service, our team is here to help you every step of the way in finding your ideal home in the Algarve. We warmly invite you to contact us for more information or to arrange a viewing.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-644
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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £947,485 | £998,304 | £50,819 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £947,485 |
| Maximum cost in the last six months | £998,304 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,819 |
Albufeira, Faro, Portugal, 8200-644
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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £947,485 | £998,304 | £50,819 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £947,485 |
| Maximum cost in the last six months | £998,304 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,819 |
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 £50,819 more.
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