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Penthouse apartment T2+2 a few meters from the center of Albufeira
Albufeira, Faro, Portugal, 8200-129
REF: 968543
€480,000
Description
**2+2 Bedroom Penthouse a Few Meters from the Center of Albufeira**
We present this incredible 2+2 bedroom penthouse, located just a few minutes' walk from the historic center of Albufeira and the beaches. With a private terrace that offers a leisure area, laundry and barbecue, this property is the ideal choice for those looking for comfort, space and an excellent location.
Located on the 2nd and top floor of the building, it consists of four bedrooms (two main and two additional), two bathrooms, equipped and furnished kitchen, large and bright living and dining room. The private terrace offers a perfect leisure area to enjoy sunny days, as well as a laundry room and barbecue. The apartment was renovated in 2023, with modern and high-quality finishes, and is equipped with air conditioning to ensure maximum comfort.
This apartment is just a few meters from Inatel Beach, Fisherman's Beach and the historic center of Albufeira, allowing easy access to all amenities, such as restaurants, bars and shops. Its central location makes it ideal for both permanent housing and monetization.
The value of the condominium is 200 per year and the IMI is 370 per year.
This penthouse is the ideal opportunity for those looking to live close to the sea and the action of Albufeira, with all the convenience and functionality they need.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit !
**2+2 Bedroom Penthouse a Few Meters from the Center of Albufeira**
We present this incredible 2+2 bedroom penthouse, located just a few minutes' walk from the historic center of Albufeira and the beaches. With a private terrace that offers a leisure area, laundry and barbecue, this property is the ideal choice for those looking for comfort, space and an excellent location.
Located on the 2nd and top floor of the building, it consists of four bedrooms (two main and two additional), two bathrooms, equipped and furnished kitchen, large and bright living and dining room. The private terrace offers a perfect leisure area to enjoy sunny days, as well as a laundry room and barbecue. The apartment was renovated in 2023, with modern and high-quality finishes, and is equipped with air conditioning to ensure maximum comfort.
This apartment is just a few meters from Inatel Beach, Fisherman's Beach and the historic center of Albufeira, allowing easy access to all amenities, such as restaurants, bars and shops. Its central location makes it ideal for both permanent housing and monetization.
The value of the condominium is 200 per year and the IMI is 370 per year.
This penthouse is the ideal opportunity for those looking to live close to the sea and the action of Albufeira, with all the convenience and functionality they need.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit !
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Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-129
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £396,216 | £418,565 | £22,349 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £396,216 |
| Maximum cost in the last six months | £418,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,349 |
Albufeira, Faro, Portugal, 8200-129
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £396,216 | £418,565 | £22,349 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £396,216 |
| Maximum cost in the last six months | £418,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,349 |
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 £22,349 more.
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