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Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, you will find this opportunity to live
Faro, Faro, Portugal
REF: 691978
€583,000
Description
Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, you will find this opportunity to live. Apartment with large areas, lots of natural light, fully equipped kitchen, parking in the basement and storage room.It also enjoys a common terrace on the roof, with a swimming pool and leisure area and with a superb view of the sea and the river. Quality finishes and cutting-edge technology. In this contemporary context of prestige, calm and with several green and leisure spaces, it intends to be a landmark for the difference, combining nature, outdoor spaces and providing real quality of life. It is located next to the theater and riverside promenade, schools, shopping, various shops, but still centrally located with easy access on foot to the center of Faro and the marina. It is currently one of Most sought after locations to reside in Faro. Designed by a renowned office, in which each architectural project is unique, where new concepts and needs of a society in constant change are used, creating a compromise between aesthetics, functionality, innovation and sustainability. Don't miss this opportunity to live in the capital of the Algarve, with a prestigious location. #ref: 95159
Located in a privileged area of Faro, with an unobstructed view over the Ria Formosa, you will find this opportunity to live. Apartment with large areas, lots of natural light, fully equipped kitchen, parking in the basement and storage room.It also enjoys a common terrace on the roof, with a swimming pool and leisure area and with a superb view of the sea and the river. Quality finishes and cutting-edge technology. In this contemporary context of prestige, calm and with several green and leisure spaces, it intends to be a landmark for the difference, combining nature, outdoor spaces and providing real quality of life. It is located next to the theater and riverside promenade, schools, shopping, various shops, but still centrally located with easy access on foot to the center of Faro and the marina. It is currently one of Most sought after locations to reside in Faro. Designed by a renowned office, in which each architectural project is unique, where new concepts and needs of a society in constant change are used, creating a compromise between aesthetics, functionality, innovation and sustainability. Don't miss this opportunity to live in the capital of the Algarve, with a prestigious location. #ref: 95159
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Currency Exchange
Faro, 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 €583,000 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 |
|---|---|---|---|
| €583,000 | £482,905 | £501,059 | £18,155 |
| Property Price € | €583,000 |
| Minimum cost in the last six months | £482,905 |
| Maximum cost in the last six months | £501,059 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,155 |
Faro, 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 €583,000 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 |
|---|---|---|---|
| €583,000 | £482,905 | £501,059 | £18,155 |
| Property Price € | €583,000 |
| Minimum cost in the last six months | £482,905 |
| Maximum cost in the last six months | £501,059 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,155 |
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 £18,155 more.
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