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1 bedroom apartment 5 minutes from Oura beach with Local Accommodation License
Albufeira, Faro, Portugal, 8200-
REF: 981416
€230,000
Description
Excellent Opportunity 5 Minutes from Praia da Oura Albufeira
We present this charming 1 bedroom apartment with 58.20 m of gross area, located in one of the most privileged locations in the Algarve, just a 5-minute walk from the stunning Praia da Oura recognized for its crystal clear waters, natural landscapes and dynamic environment.
Inserted in an area of high real estate appreciation, this property offers immediate access to supermarkets, public transport, restaurants, cafes and various leisure options and services, ensuring convenience and well-being in all seasons of the year.
Ideal both for own residence and for investment in the local accommodation or tourism segment, this property combines comfort, strategic location and potential for profitability.
Main features:
- Covered Area: 58.20 m
- Typology: T1
- Bathroom: 1
- Private balcony
- Built-in cabinets
-Air conditioning
- 1st floor (no elevator)
-Shared parking outside.
-Local accommodation license
With easy access to the main roads in the region and close to entertainment and nightlife areas, this is a complete solution for those looking to live or invest by the sea, with quality and safety.
📞 **Schedule your visit now** and discover all that this fantastic property has to offer!
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.
Excellent Opportunity 5 Minutes from Praia da Oura Albufeira
We present this charming 1 bedroom apartment with 58.20 m of gross area, located in one of the most privileged locations in the Algarve, just a 5-minute walk from the stunning Praia da Oura recognized for its crystal clear waters, natural landscapes and dynamic environment.
Inserted in an area of high real estate appreciation, this property offers immediate access to supermarkets, public transport, restaurants, cafes and various leisure options and services, ensuring convenience and well-being in all seasons of the year.
Ideal both for own residence and for investment in the local accommodation or tourism segment, this property combines comfort, strategic location and potential for profitability.
Main features:
- Covered Area: 58.20 m
- Typology: T1
- Bathroom: 1
- Private balcony
- Built-in cabinets
-Air conditioning
- 1st floor (no elevator)
-Shared parking outside.
-Local accommodation license
With easy access to the main roads in the region and close to entertainment and nightlife areas, this is a complete solution for those looking to live or invest by the sea, with quality and safety.
📞 **Schedule your visit now** and discover all that this fantastic property has to offer!
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.
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Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-
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, 8200-
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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