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Studio apartment at Gramacho Residences – Your golf retreat in the Algarve Discover this elegant furnished studio apartment at the prestigious Gramacho Residences, part of the renowned Pestana Golf & Resorts, located between Carvoeiro and Ferragudo, in the heart of the Algarve by the sea
Lagoa (Algarve), Faro, Portugal
REF: 989806
€129,500
Description
Studio apartment at Gramacho Residences – Your golf retreat in the Algarve Discover this elegant furnished studio apartment at the prestigious Gramacho Residences, part of the renowned Pestana Golf & Resorts, located between Carvoeiro and Ferragudo, in the heart of the Algarve by the sea. This is the perfect retreat for golfers looking for a practical and comfortable base, surrounded by nature, with direct access to renowned golf courses and all the services of a high-quality resort. An affordable and functional pied-à-terre: with a modern design and excellent sun exposure, this studio apartment offers: - Open-plan living room/bedroom with equipped kitchenette, - Modern bathroom, - Private terrace with unobstructed views, - Air conditioning and quality finishes, - Outdoor parking space. Ideal for those who want a holiday home with simplified management, where all you have to do is arrive and enjoy. Live in the Pestana universe: when you purchase this unit, you benefit from the Pestana quality standard, with access to: - Reception with hotel services, - Swimming pool, gym and SPA, - Cleaning and maintenance services, - 24-hour security, - Preferential conditions at the Gramacho and Vale da Pinta golf courses. All this in a peaceful, safe and well-maintained environment, with the guarantee of one of Portugal's most prestigious hotel groups. A smart investment: this property offers the possibility of income through tourist exploitation, allowing you to: - Make a profit when you are not using it, - Cover condominium costs with the income generated, - Benefit from professional management without any worries. This studio is more than just a property — it is the key to an exclusive, active and serene lifestyle in one of Europe's most sought-after destinations for golfers. Schedule your visit now and discover how this little retreat could be your next big investment in the Algarve. At IAD, we share business with any consultant or real estate agency. We promote properties on more than 200 national and international real estate portals. If you are a professional in the sector and have a qualified buyer, please contact me and schedule your visit. I am 100% available by phone or email to provide you with any additional information about this property and to schedule a more detailed visit. #ref: 142995
Studio apartment at Gramacho Residences – Your golf retreat in the Algarve Discover this elegant furnished studio apartment at the prestigious Gramacho Residences, part of the renowned Pestana Golf & Resorts, located between Carvoeiro and Ferragudo, in the heart of the Algarve by the sea. This is the perfect retreat for golfers looking for a practical and comfortable base, surrounded by nature, with direct access to renowned golf courses and all the services of a high-quality resort. An affordable and functional pied-à-terre: with a modern design and excellent sun exposure, this studio apartment offers: - Open-plan living room/bedroom with equipped kitchenette, - Modern bathroom, - Private terrace with unobstructed views, - Air conditioning and quality finishes, - Outdoor parking space. Ideal for those who want a holiday home with simplified management, where all you have to do is arrive and enjoy. Live in the Pestana universe: when you purchase this unit, you benefit from the Pestana quality standard, with access to: - Reception with hotel services, - Swimming pool, gym and SPA, - Cleaning and maintenance services, - 24-hour security, - Preferential conditions at the Gramacho and Vale da Pinta golf courses. All this in a peaceful, safe and well-maintained environment, with the guarantee of one of Portugal's most prestigious hotel groups. A smart investment: this property offers the possibility of income through tourist exploitation, allowing you to: - Make a profit when you are not using it, - Cover condominium costs with the income generated, - Benefit from professional management without any worries. This studio is more than just a property — it is the key to an exclusive, active and serene lifestyle in one of Europe's most sought-after destinations for golfers. Schedule your visit now and discover how this little retreat could be your next big investment in the Algarve. At IAD, we share business with any consultant or real estate agency. We promote properties on more than 200 national and international real estate portals. If you are a professional in the sector and have a qualified buyer, please contact me and schedule your visit. I am 100% available by phone or email to provide you with any additional information about this property and to schedule a more detailed visit. #ref: 142995
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Currency Exchange
Lagoa (Algarve), 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 €129,500 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 |
|---|---|---|---|
| €129,500 | £106,896 | £112,418 | £5,522 |
| Property Price € | €129,500 |
| Minimum cost in the last six months | £106,896 |
| Maximum cost in the last six months | £112,418 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,522 |
Lagoa (Algarve), 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 €129,500 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 |
|---|---|---|---|
| €129,500 | £106,896 | £112,418 | £5,522 |
| Property Price € | €129,500 |
| Minimum cost in the last six months | £106,896 |
| Maximum cost in the last six months | £112,418 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,522 |
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 £5,522 more.
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