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Located in the Algarve in the city of Olhão, 10 minutes from Faro International Airport
Olhão, Faro, Portugal
REF: 534001
€435,000
Description
Located in the Algarve in the city of Olhão, 10 minutes from Faro International Airport. Located in the city center in a wealthy residential area of the city. Green spaces nearby, close to schools and services on foot. This new semi-detached house on one side offers you a useful surface area of 200 m2 + 134 m2 of sunny terrace and garage. On the ground floor, a living-dining room of 53m2 open to a fully fitted kitchen equipped with household appliances, a social toilet, a laundry room and a bedroom. With access through large sliding windows to the terraces (west-facing terrace). On the first floor, there are three bedrooms, one of which is en suite, and a bathroom shared by the other two bedrooms with two terraces. On the second floor, you will find a large en suite bedroom with access to the roof terrace. Garage. Air conditioning throughout the house. Do not hesitate to contact us. #ref: 75877
Located in the Algarve in the city of Olhão, 10 minutes from Faro International Airport. Located in the city center in a wealthy residential area of the city. Green spaces nearby, close to schools and services on foot. This new semi-detached house on one side offers you a useful surface area of 200 m2 + 134 m2 of sunny terrace and garage. On the ground floor, a living-dining room of 53m2 open to a fully fitted kitchen equipped with household appliances, a social toilet, a laundry room and a bedroom. With access through large sliding windows to the terraces (west-facing terrace). On the first floor, there are three bedrooms, one of which is en suite, and a bathroom shared by the other two bedrooms with two terraces. On the second floor, you will find a large en suite bedroom with access to the roof terrace. Garage. Air conditioning throughout the house. Do not hesitate to contact us. #ref: 75877
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Currency Exchange
Olhão, 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 €435,000 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 |
|---|---|---|---|
| €435,000 | £360,315 | £373,861 | £13,546 |
| Property Price € | €435,000 |
| Minimum cost in the last six months | £360,315 |
| Maximum cost in the last six months | £373,861 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,546 |
Olhão, 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 €435,000 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 |
|---|---|---|---|
| €435,000 | £360,315 | £373,861 | £13,546 |
| Property Price € | €435,000 |
| Minimum cost in the last six months | £360,315 |
| Maximum cost in the last six months | £373,861 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,546 |
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 £13,546 more.
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