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Beautiful three (1+2) bedroom luxury duplex apartment with ocean views
Albufeira, Faro, Portugal, 8200-385
REF: 990740
€495,000
Description
Spacious apartment for sale near a popular Algarve beach. Sea views, large terrace with BBQ, pool, gardens, 3 bedrooms (2 en-suite). Community with tennis court, garage, and storage. Close to quality restaurants and golf courses. Located in a prime area within walking distance of one of the Algarve€™s most iconic beaches, this beautifully presented duplex apartment offers both space and comfort in an exceptional setting. Tastefully decorated with modern finishes, the property is ideal as a permanent residence, holiday home, or rental investment. Just a short drive from the charming Old Town of Albufeira, it's Marina and several top-class golf courses, the apartment is also within walking distance to a range of quality restaurants, offering a variety of local and international cuisine. Perfectly positioned for enjoying the best of the Algarve lifestyle.
The apartment boasts a bright and spacious living room with pale tiled floors, a cosy wood burner for cooler evenings, and large patio doors leading out to a generous BBQ and dining terrace€”perfect for al fresco living. The terrace enjoys lovely sea views and overlooks the well-maintained landscaped gardens and a large communal swimming pool.
On the lower level, there are two (1+1) bedrooms, one of which is en-suite and has direct access to the terrace. Upstairs, you'll find an exceptionally spacious third bedroom with its own en-suite bathroom, and extra storage. This versatile room is currently used as a guest suite but could easily function as an entertainment or hobby room.
The development also offers excellent shared amenities, including a tennis court exclusively for owners, a communal underground garage, and a private lock-up storage room€”ideal for beach gear, bikes, or golf clubs.
This property is listed with Cerro Novo, one of the Algarve€™s most established and respected real estate agencies. With over four decades of experience, Cerro Novo is renowned for its professional, honest, and friendly approach. Their local knowledge and multilingual team ensure a smooth buying process from start to finish. Whether you're searching for a holiday home, investment property, or permanent residence, Cerro Novo is committed to helping you find the perfect property to suit your lifestyle.
Spacious apartment for sale near a popular Algarve beach. Sea views, large terrace with BBQ, pool, gardens, 3 bedrooms (2 en-suite). Community with tennis court, garage, and storage. Close to quality restaurants and golf courses. Located in a prime area within walking distance of one of the Algarve€™s most iconic beaches, this beautifully presented duplex apartment offers both space and comfort in an exceptional setting. Tastefully decorated with modern finishes, the property is ideal as a permanent residence, holiday home, or rental investment. Just a short drive from the charming Old Town of Albufeira, it's Marina and several top-class golf courses, the apartment is also within walking distance to a range of quality restaurants, offering a variety of local and international cuisine. Perfectly positioned for enjoying the best of the Algarve lifestyle.
The apartment boasts a bright and spacious living room with pale tiled floors, a cosy wood burner for cooler evenings, and large patio doors leading out to a generous BBQ and dining terrace€”perfect for al fresco living. The terrace enjoys lovely sea views and overlooks the well-maintained landscaped gardens and a large communal swimming pool.
On the lower level, there are two (1+1) bedrooms, one of which is en-suite and has direct access to the terrace. Upstairs, you'll find an exceptionally spacious third bedroom with its own en-suite bathroom, and extra storage. This versatile room is currently used as a guest suite but could easily function as an entertainment or hobby room.
The development also offers excellent shared amenities, including a tennis court exclusively for owners, a communal underground garage, and a private lock-up storage room€”ideal for beach gear, bikes, or golf clubs.
This property is listed with Cerro Novo, one of the Algarve€™s most established and respected real estate agencies. With over four decades of experience, Cerro Novo is renowned for its professional, honest, and friendly approach. Their local knowledge and multilingual team ensure a smooth buying process from start to finish. Whether you're searching for a holiday home, investment property, or permanent residence, Cerro Novo is committed to helping you find the perfect property to suit your lifestyle.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-385
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £408,598 | £429,714 | £21,117 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £408,598 |
| Maximum cost in the last six months | £429,714 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,117 |
Albufeira, Faro, Portugal, 8200-385
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £408,598 | £429,714 | £21,117 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £408,598 |
| Maximum cost in the last six months | £429,714 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,117 |
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 £21,117 more.
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