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Excellent T2 apartment (with two suites), inserted in the Torre Iberius building, located in the center of Armação de Pêra, 300 m from the beach and very close to the main services (supermarkets, pharmacies, banks, restaurants, public transport)
Silves, Faro, Portugal
REF: 619356
€224,900
Description
Excellent T2 apartment (with two suites), inserted in the Torre Iberius building, located in the center of Armação de Pêra, 300 m from the beach and very close to the main services (supermarkets, pharmacies, banks, restaurants, public transport). This fantastic apartment measuring 92.95m2 (private gross area), has two balconies and is located on the second floor of a building with two elevators. The property has two fronts, receives plenty of natural light, and comprises: Entrance hall, with direct access to the living room and one of the suites; Fully equipped kitchen (8 m2); Pantry (2.1 m2); The suites (11.4 m2 and 13.1 m2) have built-in wardrobes, a bathroom equipped with a shower, and one of the rooms has a balcony; Room (28.48 m2) very sunny, with access to a balcony for meals with 10.68 m2; Parking space in the basement. The apartment will be equipped and furnished with: *Living room: Sofa bed, dining table and LCD; *Kitchen: induction hob; oven; dishwasher; combined fridge and microwave; *Thermoaccumulator *One bedroom is furnished with a double bed, dresser and another bedroom with two beds (single) and a dresser. The kitchen and sanitary facilities have been renovated. Orientation: East, West. Condo €41.60 Excellent opportunity for those looking for their own home or investment, which offers a high return on rentals for tourism. Armação de Pêra is a village, which belongs to the municipality of Silves, much appreciated in summer, having a population greater than its population in winter during the bathing season. It is a tourist area and much sought after for having a quiet and organized community. We invite you to take a closer look at this opportunity. For any additional information before your visit, please contact: Raquelly GOUVEIA Broker - IAD Portugal S.A. | AMI: 11220 #ref: 84318
Excellent T2 apartment (with two suites), inserted in the Torre Iberius building, located in the center of Armação de Pêra, 300 m from the beach and very close to the main services (supermarkets, pharmacies, banks, restaurants, public transport). This fantastic apartment measuring 92.95m2 (private gross area), has two balconies and is located on the second floor of a building with two elevators. The property has two fronts, receives plenty of natural light, and comprises: Entrance hall, with direct access to the living room and one of the suites; Fully equipped kitchen (8 m2); Pantry (2.1 m2); The suites (11.4 m2 and 13.1 m2) have built-in wardrobes, a bathroom equipped with a shower, and one of the rooms has a balcony; Room (28.48 m2) very sunny, with access to a balcony for meals with 10.68 m2; Parking space in the basement. The apartment will be equipped and furnished with: *Living room: Sofa bed, dining table and LCD; *Kitchen: induction hob; oven; dishwasher; combined fridge and microwave; *Thermoaccumulator *One bedroom is furnished with a double bed, dresser and another bedroom with two beds (single) and a dresser. The kitchen and sanitary facilities have been renovated. Orientation: East, West. Condo €41.60 Excellent opportunity for those looking for their own home or investment, which offers a high return on rentals for tourism. Armação de Pêra is a village, which belongs to the municipality of Silves, much appreciated in summer, having a population greater than its population in winter during the bathing season. It is a tourist area and much sought after for having a quiet and organized community. We invite you to take a closer look at this opportunity. For any additional information before your visit, please contact: Raquelly GOUVEIA Broker - IAD Portugal S.A. | AMI: 11220 #ref: 84318
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Currency Exchange
Silves, 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 €224,900 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 |
|---|---|---|---|
| €224,900 | £186,287 | £193,290 | £7,003 |
| Property Price € | €224,900 |
| Minimum cost in the last six months | £186,287 |
| Maximum cost in the last six months | £193,290 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,003 |
Silves, 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 €224,900 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 |
|---|---|---|---|
| €224,900 | £186,287 | £193,290 | £7,003 |
| Property Price € | €224,900 |
| Minimum cost in the last six months | £186,287 |
| Maximum cost in the last six months | £193,290 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,003 |
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 £7,003 more.
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