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This incredible 3-bedroom apartment, located in the city of Olhão, is the ideal opportunity for those looking for a property in good condition, for their own home or for investment, very close to the city center
Olhão, Faro, Portugal
REF: 734818
€229,000
Description
This incredible 3-bedroom apartment, located in the city of Olhão, is the ideal opportunity for those looking for a property in good condition, for their own home or for investment, very close to the city center. Built in 1996, this apartment is on the 2nd floor of a building without an elevator and is surrounded by some of the city's main services, including schools, finance, public transport, among others. The apartment has a wide entrance, good sun exposure. This apartment has an equipped kitchen, a closed sunroom with pantry, a large living and dining room and a balcony. All bedrooms have plenty of light and two of them have built-in wardrobes as well as access to the balcony/marquise, The apartment has 1 bathroom with a shower tray and 1 bathroom with a bathtub. Created in France in 2008, iad was born from an innovative model that expands the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and completed businesses. iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, guaranteeing you personalized support at every stage of the process and a quality service at the best price. #ref: 104413
This incredible 3-bedroom apartment, located in the city of Olhão, is the ideal opportunity for those looking for a property in good condition, for their own home or for investment, very close to the city center. Built in 1996, this apartment is on the 2nd floor of a building without an elevator and is surrounded by some of the city's main services, including schools, finance, public transport, among others. The apartment has a wide entrance, good sun exposure. This apartment has an equipped kitchen, a closed sunroom with pantry, a large living and dining room and a balcony. All bedrooms have plenty of light and two of them have built-in wardrobes as well as access to the balcony/marquise, The apartment has 1 bathroom with a shower tray and 1 bathroom with a bathtub. Created in France in 2008, iad was born from an innovative model that expands the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and completed businesses. iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, guaranteeing you personalized support at every stage of the process and a quality service at the best price. #ref: 104413
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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 €229,000 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 |
|---|---|---|---|
| €229,000 | £188,673 | £196,814 | £8,141 |
| Property Price € | €229,000 |
| Minimum cost in the last six months | £188,673 |
| Maximum cost in the last six months | £196,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,141 |
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 €229,000 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 |
|---|---|---|---|
| €229,000 | £188,673 | £196,814 | £8,141 |
| Property Price € | €229,000 |
| Minimum cost in the last six months | £188,673 |
| Maximum cost in the last six months | £196,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,141 |
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 £8,141 more.
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