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Fully renovated 3 bedroom apartment - Albufeira
Albufeira, Faro, Portugal, 8200-184
REF: 991203
€398,500
Description
Discover this elegant 3 bedroom apartment fully renovated, set in an exclusive building with only 5 fractions, located in a quiet residential area, just a few minutes walk from Rua Sá Carneiro and the famous "Rua dos Bares". A privileged location, with excellent access to the main services and points of interest in Albufeira.
Composition of the Property :
- Entrance hall with built-in closet for extra storage
- Spacious living and dining room, with direct access to the terrace;
- Fully equipped modern kitchen;
- Two suites with balconies and built-in wardrobes;
- Additional bedroom also with built-in wardrobe;
- Bathroom with shower base;
- Independent laundry;
- Private terrace with wooden deck, barbecue, countertop with sink and electric hob - perfect for al fresco dining.
Location & Nearby Amenities :
It is surrounded by a wide range of services and infrastructure:
* Supermarkets, restaurants, banks;
* Hospital, pharmacies and schools;
* Municipal swimming pools, gyms and leisure spaces;
* Close to the Balaia Village, Pine Cliffs and Salgados golf courses;
* Excellent access to Via do Infante (A22) and A2;
* Just a few minutes from the charming Old Town of Albufeira, where you can enjoy the local cuisine and vibrant nightlife.
Living or Investing in Albufeira :
Originating in a fishing village, Albufeira is today one of the most emblematic tourist destinations in the country. Known for its mild climate, paradisiacal beaches, hospitality and quality of life, it is also the Portuguese city with the highest number of foreign residents. A smart choice for those looking to live with quality or invest safely.
Don't miss this opportunity and contact us!
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.
Discover this elegant 3 bedroom apartment fully renovated, set in an exclusive building with only 5 fractions, located in a quiet residential area, just a few minutes walk from Rua Sá Carneiro and the famous "Rua dos Bares". A privileged location, with excellent access to the main services and points of interest in Albufeira.
Composition of the Property :
- Entrance hall with built-in closet for extra storage
- Spacious living and dining room, with direct access to the terrace;
- Fully equipped modern kitchen;
- Two suites with balconies and built-in wardrobes;
- Additional bedroom also with built-in wardrobe;
- Bathroom with shower base;
- Independent laundry;
- Private terrace with wooden deck, barbecue, countertop with sink and electric hob - perfect for al fresco dining.
Location & Nearby Amenities :
It is surrounded by a wide range of services and infrastructure:
* Supermarkets, restaurants, banks;
* Hospital, pharmacies and schools;
* Municipal swimming pools, gyms and leisure spaces;
* Close to the Balaia Village, Pine Cliffs and Salgados golf courses;
* Excellent access to Via do Infante (A22) and A2;
* Just a few minutes from the charming Old Town of Albufeira, where you can enjoy the local cuisine and vibrant nightlife.
Living or Investing in Albufeira :
Originating in a fishing village, Albufeira is today one of the most emblematic tourist destinations in the country. Known for its mild climate, paradisiacal beaches, hospitality and quality of life, it is also the Portuguese city with the highest number of foreign residents. A smart choice for those looking to live with quality or invest safely.
Don't miss this opportunity and contact us!
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.
Read More
Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-184
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 €398,500 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 |
|---|---|---|---|
| €398,500 | £328,942 | £345,942 | £17,000 |
| Property Price € | €398,500 |
| Minimum cost in the last six months | £328,942 |
| Maximum cost in the last six months | £345,942 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,000 |
Albufeira, Faro, Portugal, 8200-184
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 €398,500 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 |
|---|---|---|---|
| €398,500 | £328,942 | £345,942 | £17,000 |
| Property Price € | €398,500 |
| Minimum cost in the last six months | £328,942 |
| Maximum cost in the last six months | £345,942 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,000 |
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 £17,000 more.
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