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Modern T0, 300 m from the beach, with a fresh, light and cheerful design, combined with a relaxing sea view
Portimão, Faro, Portugal
REF: 716254
€160,000
Description
Modern T0, 300 m from the beach, with a fresh, light and cheerful design, combined with a relaxing sea view. Located on the 5th floor, with elevator, it was recently refurbished and has central heating. Next to one of the best known beaches in the country, Praia da Rocha, which, in recent years, has received the Mundialito of Beach Soccer. With a vast and spacious beach, protected by cliffs of warm tones and aesthetically cut, Rocha has a network of wide walkways that run practically all over the beach, multiplying the support equipment for beach users. The Avenida where the apartment is located, and which runs along the sea front of Rocha, offers color and animation, successively hotels, bars, terraces, clubs and a casino, culminating in the Portimão marina. Despite the urban and tourist component that characterizes the surroundings, the natural landscape still seems to overlap, both for its grandeur and beauty. 5 minutes from Praia dos Três Castelos, Praia dos Três Irmãos and the Fortress of St.ª Catarina de Ribamar, the towering viewpoints nearby reveal a fabulous panoramic view over the coastline between Ponta João d´Arens and Ponta do Altar. Located in a reference municipality in the Algarve, the area is also distinguished by its pulse and dynamism and by a diversity of activities, in a daily life marked by an intense rhythm, which continues throughout the year. #ref: 100661
Modern T0, 300 m from the beach, with a fresh, light and cheerful design, combined with a relaxing sea view. Located on the 5th floor, with elevator, it was recently refurbished and has central heating. Next to one of the best known beaches in the country, Praia da Rocha, which, in recent years, has received the Mundialito of Beach Soccer. With a vast and spacious beach, protected by cliffs of warm tones and aesthetically cut, Rocha has a network of wide walkways that run practically all over the beach, multiplying the support equipment for beach users. The Avenida where the apartment is located, and which runs along the sea front of Rocha, offers color and animation, successively hotels, bars, terraces, clubs and a casino, culminating in the Portimão marina. Despite the urban and tourist component that characterizes the surroundings, the natural landscape still seems to overlap, both for its grandeur and beauty. 5 minutes from Praia dos Três Castelos, Praia dos Três Irmãos and the Fortress of St.ª Catarina de Ribamar, the towering viewpoints nearby reveal a fabulous panoramic view over the coastline between Ponta João d´Arens and Ponta do Altar. Located in a reference municipality in the Algarve, the area is also distinguished by its pulse and dynamism and by a diversity of activities, in a daily life marked by an intense rhythm, which continues throughout the year. #ref: 100661
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Currency Exchange
Portimão, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £137,512 | £5,688 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £137,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,688 |
Portimão, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £137,512 | £5,688 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £137,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,688 |
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 £5,688 more.
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