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2+1 bedroom apartment in Albufeira, with fantastic potential and just 500m from the beach
Albufeira, Faro, Portugal, 8200-129
REF: 996692
€350,000
Description
2+1 bedroom apartment in Albufeira, with fantastic potential and just 500m from the beach
It is located in a small building, with a swimming pool, garage and private entrance.
It is located in a quiet area - Cerro Alagoa. Being located in a dead-end street with little circulation.
Close to all amenities.
Composed of:
- Entrance hall,
- Kitchen,
- Large living room,
-Balcony
- Annex (currently transformed into a bedroom)
- 2 Bedrooms
- Bedroom hall
- 1 Full bathroom with bathtub
Access to the apartment is through an exclusive entrance, located on the equivalent of a 1st floor.
It also has:
- Communal swimming pool (Currently awaiting repair - condominium has already agreed to it)
- Garage
- Several parking spaces outside.
Some distances:
- Beach: 500m
- Supermarket: 200m
- Pharmacy: 220m
- Bench: 200m
- Albufeira Downtown Center: 1km
- Health centre: 2km
- Faro Airport: 35km
- Faro Hospital: 36km
IMI 330 per year.
Condominium 30 per month.
Don't miss this fantastic opportunity!
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.
2+1 bedroom apartment in Albufeira, with fantastic potential and just 500m from the beach
It is located in a small building, with a swimming pool, garage and private entrance.
It is located in a quiet area - Cerro Alagoa. Being located in a dead-end street with little circulation.
Close to all amenities.
Composed of:
- Entrance hall,
- Kitchen,
- Large living room,
-Balcony
- Annex (currently transformed into a bedroom)
- 2 Bedrooms
- Bedroom hall
- 1 Full bathroom with bathtub
Access to the apartment is through an exclusive entrance, located on the equivalent of a 1st floor.
It also has:
- Communal swimming pool (Currently awaiting repair - condominium has already agreed to it)
- Garage
- Several parking spaces outside.
Some distances:
- Beach: 500m
- Supermarket: 200m
- Pharmacy: 220m
- Bench: 200m
- Albufeira Downtown Center: 1km
- Health centre: 2km
- Faro Airport: 35km
- Faro Hospital: 36km
IMI 330 per year.
Condominium 30 per month.
Don't miss this fantastic opportunity!
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, 8200-129
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,908 | £303,839 | £14,931 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,908 |
| Maximum cost in the last six months | £303,839 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,931 |
Albufeira, Faro, Portugal, 8200-129
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,908 | £303,839 | £14,931 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,908 |
| Maximum cost in the last six months | £303,839 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,931 |
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 £14,931 more.
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