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A refuge with soul seeks new history - T1 1 with Private Patio in Jardins da Balaia
Albufeira, Faro, Portugal
REF: 978702
€230,000
Description
There are houses that don't just wait for residents they wait for someone to feel them, to make them a home. This 1-bedroom apartment in Jardins da Balaia is one of those houses. Empty of furniture, full of potential. Silent, waiting for laughter, the aromas of coffee in the morning and evenings lit by the Algarve sun. With a pleasant patio, which will allow you to have your family meals, enjoy moments of relaxation or space for the children to play, bedrooms with built-in wardrobes, this apartment offers more than functionality it offers space to create memories. Property Features: - Private area: 49 m 25 m of private yard - Type: T1 1 Ground floor with independent entrance - Two bedrooms with built-in wardrobes, one with access to the yard - Living room with direct access to the yard - Kitchen equipped with stove and extractor fan, supplied by piped gas - Bathroom with shower - Corridors with built-in storage - Storage room - Outdoor parking Sun Exposure: S - SW - NW Location and Access: - Approximately 1.5 km from the beaches (Santa Eulália, Maria Luísa) - Close to restaurants, local shops, supermarkets, pharmacy and schools - Public transport and good access to the N125 and A22 Ideal for: - Own residence - Holiday home - Short or long-term rental Condominium fee: 640.50/year IMI value: 184.04/year This house is ready to welcome new lives, new smells, new laughter. It is waiting for someone to look at it and see more than a good investment a home with a soul. Book your visit now and start the next chapter, with sun, sea and tranquility. If you are a real estate consultant, we share 50-50 with all real estate agencies, as long as they have an AMI license.
There are houses that don't just wait for residents they wait for someone to feel them, to make them a home. This 1-bedroom apartment in Jardins da Balaia is one of those houses. Empty of furniture, full of potential. Silent, waiting for laughter, the aromas of coffee in the morning and evenings lit by the Algarve sun. With a pleasant patio, which will allow you to have your family meals, enjoy moments of relaxation or space for the children to play, bedrooms with built-in wardrobes, this apartment offers more than functionality it offers space to create memories. Property Features: - Private area: 49 m 25 m of private yard - Type: T1 1 Ground floor with independent entrance - Two bedrooms with built-in wardrobes, one with access to the yard - Living room with direct access to the yard - Kitchen equipped with stove and extractor fan, supplied by piped gas - Bathroom with shower - Corridors with built-in storage - Storage room - Outdoor parking Sun Exposure: S - SW - NW Location and Access: - Approximately 1.5 km from the beaches (Santa Eulália, Maria Luísa) - Close to restaurants, local shops, supermarkets, pharmacy and schools - Public transport and good access to the N125 and A22 Ideal for: - Own residence - Holiday home - Short or long-term rental Condominium fee: 640.50/year IMI value: 184.04/year This house is ready to welcome new lives, new smells, new laughter. It is waiting for someone to look at it and see more than a good investment a home with a soul. Book your visit now and start the next chapter, with sun, sea and tranquility. If you are a real estate consultant, we share 50-50 with all real estate agencies, as long as they have an AMI license.
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Currency Exchange
Albufeira, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,497 | £199,661 | £10,164 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,497 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,164 |
Albufeira, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,497 | £199,661 | £10,164 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,497 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,164 |
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 £10,164 more.
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