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For sale - Classic villa in Quinta do Lago with central location
Quinta do Lago, Faro, Portugal
REF: 126585
€3,550,000
Description
Classic style villa in the Parque Atlntico with a central location and easy access to the beach. On the ground floor, we find a large entrance hall, a spacious living room and a dining room - both with direct access to the pool - a small TV snug room, a spacious kitchen and laundry room, and two guests' bedrooms with private bathrooms. On the first floor, we find two guests' bedrooms with private bathrooms, as well as a master bedroom. This whole area has a wide balcony. In the basement, we have a double garage, a gym, and steam room. This is an excellent property in Quinta do Lago, whose price has been reduced recently and is sold with a golf title.
Classic style villa in the Parque Atlntico with a central location and easy access to the beach. On the ground floor, we find a large entrance hall, a spacious living room and a dining room - both with direct access to the pool - a small TV snug room, a spacious kitchen and laundry room, and two guests' bedrooms with private bathrooms. On the first floor, we find two guests' bedrooms with private bathrooms, as well as a master bedroom. This whole area has a wide balcony. In the basement, we have a double garage, a gym, and steam room. This is an excellent property in Quinta do Lago, whose price has been reduced recently and is sold with a golf title.
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Currency Exchange
Quinta do Lago, 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 €3,550,000 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 |
|---|---|---|---|
| €3,550,000 | £2,924,845 | £3,003,620 | £78,775 |
| Property Price € | €3,550,000 |
| Minimum cost in the last six months | £2,924,845 |
| Maximum cost in the last six months | £3,003,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £78,775 |
Quinta do Lago, 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 €3,550,000 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 |
|---|---|---|---|
| €3,550,000 | £2,924,845 | £3,003,620 | £78,775 |
| Property Price € | €3,550,000 |
| Minimum cost in the last six months | £2,924,845 |
| Maximum cost in the last six months | £3,003,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £78,775 |
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 £78,775 more.
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