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Three Bedroom Apartment - Large Areas - Garage and Private Terrace - Lagoa
Lagoa, Faro, Portugal, 8400-011
REF: 540812
€390,000
Description
Excellent 3 bedroom apartment nearing completion with good areas, in a building with three floors and 6 apartments, all with garage and private terrace at the top of the building.Apartment with large balconies and modern finishes of high quality and with excellent sun exposure.This apartment has a 16 m2 balcony facing south.It is located in a quiet and peaceful area with good access to all public and private services, namely less than 5 minutes by car, schools, kindergartens, pharmacy, supermarket, banks, among others.The excellent beaches of Ferragudo are a 5-minute drive away, as are those of Carvoeiro less than 10 minutes away, as well as the city of Portimão Excellent place to reside in the municipality of Lagoa
Excellent 3 bedroom apartment nearing completion with good areas, in a building with three floors and 6 apartments, all with garage and private terrace at the top of the building.Apartment with large balconies and modern finishes of high quality and with excellent sun exposure.This apartment has a 16 m2 balcony facing south.It is located in a quiet and peaceful area with good access to all public and private services, namely less than 5 minutes by car, schools, kindergartens, pharmacy, supermarket, banks, among others.The excellent beaches of Ferragudo are a 5-minute drive away, as are those of Carvoeiro less than 10 minutes away, as well as the city of Portimão Excellent place to reside in the municipality of Lagoa
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Currency Exchange
Lagoa, Faro, Portugal, 8400-011
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 €390,000 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 |
|---|---|---|---|
| €390,000 | £324,402 | £335,642 | £11,240 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £324,402 |
| Maximum cost in the last six months | £335,642 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,240 |
Lagoa, Faro, Portugal, 8400-011
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 €390,000 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 |
|---|---|---|---|
| €390,000 | £324,402 | £335,642 | £11,240 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £324,402 |
| Maximum cost in the last six months | £335,642 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,240 |
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 £11,240 more.
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