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Apartment T3, with unobstructed and privileged views over the city of Olhão, the Ria Formosa and beaches
Olhão, Faro, Portugal
REF: 648112
€395,000
Description
Apartment T3, with unobstructed and privileged views over the city of Olhão, the Ria Formosa and beaches. The apartment consists of: -3 bedrooms with great areas, all rooms have built-in wardrobes. One of the rooms is en suite with balcony. The rooms face north where you can enjoy a beautiful view of the mountains. - Very spacious room with fireplace. Kitchen equipped with pantry. Both of these rooms have direct access to the terrace and with plenty of sunlight. -Large terrace, exposed to the south. -Elevator and garage in closed box. The apartment is located in a quiet area, with all the necessary services close by, such as: restaurants, cafes, kindergarten, schools, a 10-minute walk from Olhão city centre. And 10 miles from Faro airport. For more information contact or schedule your visit. #ref: 89402
Apartment T3, with unobstructed and privileged views over the city of Olhão, the Ria Formosa and beaches. The apartment consists of: -3 bedrooms with great areas, all rooms have built-in wardrobes. One of the rooms is en suite with balcony. The rooms face north where you can enjoy a beautiful view of the mountains. - Very spacious room with fireplace. Kitchen equipped with pantry. Both of these rooms have direct access to the terrace and with plenty of sunlight. -Large terrace, exposed to the south. -Elevator and garage in closed box. The apartment is located in a quiet area, with all the necessary services close by, such as: restaurants, cafes, kindergarten, schools, a 10-minute walk from Olhão city centre. And 10 miles from Faro airport. For more information contact or schedule your visit. #ref: 89402
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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 €395,000 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 |
|---|---|---|---|
| €395,000 | £327,182 | £339,483 | £12,300 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £327,182 |
| Maximum cost in the last six months | £339,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,300 |
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £327,182 | £339,483 | £12,300 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £327,182 |
| Maximum cost in the last six months | £339,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,300 |
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 £12,300 more.
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