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3 Bedroom apartment in luxury resort, for sale Carvoeiro, Algarve
Lagoa, Portugal
REF: 653501
€850,000
Description
Fantastic investment as a primary residence, a vacation home, all apartments feature floor-to-ceiling windows, fully blending the bright and spacious indoor spaces with the outdoor terraces. These aparments show attention to details at every step, delivering elegance, comfort and functionality. Each apartment is a gem by its aesthetics, positioning, style and privacy. These apartments offer outstanding views, and are located only a few minutes away from the beach, fine dining, beautiful golf courses and conveniently close to Faro International airport. This resort is a gated property with 24 hours security, pools, restaurant and bar, gym, underground parking. A great opportunity to purchase a unique property with excellent return. There is also one-bedroom and two bedroom units available.
Fantastic investment as a primary residence, a vacation home, all apartments feature floor-to-ceiling windows, fully blending the bright and spacious indoor spaces with the outdoor terraces. These aparments show attention to details at every step, delivering elegance, comfort and functionality. Each apartment is a gem by its aesthetics, positioning, style and privacy. These apartments offer outstanding views, and are located only a few minutes away from the beach, fine dining, beautiful golf courses and conveniently close to Faro International airport. This resort is a gated property with 24 hours security, pools, restaurant and bar, gym, underground parking. A great opportunity to purchase a unique property with excellent return. There is also one-bedroom and two bedroom units available.
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Currency Exchange
Lagoa, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
Lagoa, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 £30,218 more.
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