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Apartment T4 Sea View in Armação de Pêra
Silves, Faro, Portugal, 8365-101
REF: 489534
€599,000
Description
4 bedroom apartment, located on the seafront, on the top floor of a 3-storey building with elevator, for sale in Armação de Pêra.
Completely renovated and furnished, consisting of entrance hall, very spacious living/dining room with balcony, fully equipped kitchen, with lots of storage and access to a balcony. Four bedrooms, one of them en suite and two with access to the balcony with the magnificent sea view. Two bathrooms, one with shower and one with bathtub.
It offers pre-installation of air conditioning, double glazing and electric blinds.
It is close to all services, restaurants, cafes, market, banks and public transport.
excellent opportunity to reside, vacation or monetize.
Cond. 80 /Month
IMI: 538
4 bedroom apartment, located on the seafront, on the top floor of a 3-storey building with elevator, for sale in Armação de Pêra.
Completely renovated and furnished, consisting of entrance hall, very spacious living/dining room with balcony, fully equipped kitchen, with lots of storage and access to a balcony. Four bedrooms, one of them en suite and two with access to the balcony with the magnificent sea view. Two bathrooms, one with shower and one with bathtub.
It offers pre-installation of air conditioning, double glazing and electric blinds.
It is close to all services, restaurants, cafes, market, banks and public transport.
excellent opportunity to reside, vacation or monetize.
Cond. 80 /Month
IMI: 538
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Currency Exchange
Silves, Faro, Portugal, 8365-101
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 €599,000 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 |
|---|---|---|---|
| €599,000 | £496,158 | £514,811 | £18,653 |
| Property Price € | €599,000 |
| Minimum cost in the last six months | £496,158 |
| Maximum cost in the last six months | £514,811 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,653 |
Silves, Faro, Portugal, 8365-101
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 €599,000 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 |
|---|---|---|---|
| €599,000 | £496,158 | £514,811 | £18,653 |
| Property Price € | €599,000 |
| Minimum cost in the last six months | £496,158 |
| Maximum cost in the last six months | £514,811 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,653 |
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 £18,653 more.
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