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Apartment T3 Sell in Faro (S e S o Pedro),Faro
Faro, Portugal
REF: 750597
€651,900
Description
New Development in the Algarve CapitalComposed of 38 contemporary-style units from T2 to T4 (Penthouse) distributed from the 1st to the 7th floor, equipped with the latest materials to provide maximum comfort.All units have balconies, and the penthouses also have a terrace of over 49m2 and a private pool.All units also have a closed garage in a box or parking space, and some also have a storage room in the basement.At the top of the building we also have a leisure area and the building s common pool with a fantastic view of the Ria Formosa, city and mountains.In a zone of easy access, close to all commerce, services and communication routes.Schedule your visit and come and see this excellent project.
New Development in the Algarve CapitalComposed of 38 contemporary-style units from T2 to T4 (Penthouse) distributed from the 1st to the 7th floor, equipped with the latest materials to provide maximum comfort.All units have balconies, and the penthouses also have a terrace of over 49m2 and a private pool.All units also have a closed garage in a box or parking space, and some also have a storage room in the basement.At the top of the building we also have a leisure area and the building s common pool with a fantastic view of the Ria Formosa, city and mountains.In a zone of easy access, close to all commerce, services and communication routes.Schedule your visit and come and see this excellent project.
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Currency Exchange
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 €651,900 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 |
|---|---|---|---|
| €651,900 | £539,975 | £560,275 | £20,300 |
| Property Price € | €651,900 |
| Minimum cost in the last six months | £539,975 |
| Maximum cost in the last six months | £560,275 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,300 |
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 €651,900 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 |
|---|---|---|---|
| €651,900 | £539,975 | £560,275 | £20,300 |
| Property Price € | €651,900 |
| Minimum cost in the last six months | £539,975 |
| Maximum cost in the last six months | £560,275 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,300 |
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 £20,300 more.
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