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Discover this magnificent apartment in downtown Olhão, located in a prestigious gated community that offers the best of modern living with the unique charm of cubist architecture, typical of the city
Olhão, Faro, Portugal
REF: 983416
€420,000
Description
Discover this magnificent apartment in downtown Olhão, located in a prestigious gated community that offers the best of modern living with the unique charm of cubist architecture, typical of the city. With just two floors, this condominium with a calm and exclusive atmosphere integrates harmoniously into the historic heart of the City. This 108.3sqm apartment, located on the ground floor, is a true haven of sophistication. Its spacious living room, separated from the kitchen by elegant sliding doors, creates a perfect fluidity between the spaces. The kitchen, fully equipped with Bosch appliances, reflects attention to detail and high-level functionality. With a shared bathroom and two bedrooms, one of which is en suite, the property also offers an additional area in the master bedroom, ideal for being transformed into a comfortable office or reading area. Amenities of this apartment include underfloor heating in all rooms, air conditioning to ensure comfort in any season and an efficient water heating system powered by solar panels. All this, combined with the excellent finishes, makes this property an outstanding investment. The condominium also offers an inviting saltwater pool, ideal for relaxing on hotter days, and a private parking space. The location is simply exceptional, allowing you to live just a few minutes from the picturesque streets of Baixa, with easy access to markets, restaurants and the unique beauty of Ria Formosa. This is the perfect place for those looking for a lifestyle that combines tradition and modernity, in the heart of one of the most authentic areas of the Algarve. Contact us for more information.
Discover this magnificent apartment in downtown Olhão, located in a prestigious gated community that offers the best of modern living with the unique charm of cubist architecture, typical of the city. With just two floors, this condominium with a calm and exclusive atmosphere integrates harmoniously into the historic heart of the City. This 108.3sqm apartment, located on the ground floor, is a true haven of sophistication. Its spacious living room, separated from the kitchen by elegant sliding doors, creates a perfect fluidity between the spaces. The kitchen, fully equipped with Bosch appliances, reflects attention to detail and high-level functionality. With a shared bathroom and two bedrooms, one of which is en suite, the property also offers an additional area in the master bedroom, ideal for being transformed into a comfortable office or reading area. Amenities of this apartment include underfloor heating in all rooms, air conditioning to ensure comfort in any season and an efficient water heating system powered by solar panels. All this, combined with the excellent finishes, makes this property an outstanding investment. The condominium also offers an inviting saltwater pool, ideal for relaxing on hotter days, and a private parking space. The location is simply exceptional, allowing you to live just a few minutes from the picturesque streets of Baixa, with easy access to markets, restaurants and the unique beauty of Ria Formosa. This is the perfect place for those looking for a lifestyle that combines tradition and modernity, in the heart of one of the most authentic areas of the Algarve. Contact us for more information.
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Currency Exchange
Olhão, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,651 | £364,598 | £17,947 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,651 |
| Maximum cost in the last six months | £364,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,947 |
Olhão, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,651 | £364,598 | £17,947 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,651 |
| Maximum cost in the last six months | £364,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,947 |
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 £17,947 more.
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