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T3 on the 6th floor, in a building with elevator on R
Faro, Faro, Portugal, 8000-284
REF: 717253
€380,000
Description
Apartment in the center of Faro in a privileged location, just a few minutes walk from the marina, the historic center and with all the commerce and services available. It is located on the 6th floor of a building with nine floors, with a single apartment per floor, providing great privacy. Completely refurbished, it retains some features that give it its own charm - such as the recovered and varnished wooden parquet flooring, lacquered wooden doors, etc. Unique luminosity ensured by the large windows that all rooms have. Two fronts and three balconies with unobstructed views of the city and the Ria Formosa. New kitchen, semi-equipped with brand new appliances, access to the pantry and the balcony. A full bathroom and a shared bathroom. The three bedrooms have wardrobes with lacquered doors and two of them have a balcony overlooking the sea. Possibility of contracting with the City Council two parking spaces. Private parking at 50 m. Excellent for own housing or for investment.
Apartment in the center of Faro in a privileged location, just a few minutes walk from the marina, the historic center and with all the commerce and services available. It is located on the 6th floor of a building with nine floors, with a single apartment per floor, providing great privacy. Completely refurbished, it retains some features that give it its own charm - such as the recovered and varnished wooden parquet flooring, lacquered wooden doors, etc. Unique luminosity ensured by the large windows that all rooms have. Two fronts and three balconies with unobstructed views of the city and the Ria Formosa. New kitchen, semi-equipped with brand new appliances, access to the pantry and the balcony. A full bathroom and a shared bathroom. The three bedrooms have wardrobes with lacquered doors and two of them have a balcony overlooking the sea. Possibility of contracting with the City Council two parking spaces. Private parking at 50 m. Excellent for own housing or for investment.
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Currency Exchange
Faro, Faro, Portugal, 8000-284
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
Faro, Faro, Portugal, 8000-284
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
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 £11,833 more.
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