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Located in a condominium with one of the best buildings in Vilamoura, this apartment is close to the prestigious Vilamoura Marina and Casino and the renowned Vilamoura Hotels
Loulé, Faro, Portugal
REF: 754851
€550,000
Description
Located in a condominium with one of the best buildings in Vilamoura, this apartment is close to the prestigious Vilamoura Marina and Casino and the renowned Vilamoura Hotels. Due to its position, you don't need a car, as it's a five-minute walk from the beach and two minutes from the supermarket and restaurants. When you enter the apartment, you find a hall that connects to a phenomenal living and dining room, where you can develop your phenomenal dishes in a fully equipped kitchen, to enjoy the sunny days you have a fabulous terrace with sea views. It consists of two good-sized bedrooms with access to a terrace, and a full bathroom. The apartment is sold with a parking space and a storage room. Due to its construction, excellent location and generous areas, this apartment is an excellent investment opportunity, whether for your own home or for renting out. Vilamoura is a prestigious location, with plenty of sunny days you can enjoy excellent quality beaches, internationally recognized golf courses where renowned tournaments are played, world-class equestrian facilities and a Marina with many prestigious awards, considered by many to be the best Marina in the world. Vilamoura is the largest tourist resort in Europe, with plenty of options for activities such as fishing, boating, surfing, sailing, tennis, horse riding and many others. There is a wide range of excellent hotels, holiday villages, luxury apartments and villas. There is easy access to a wide range of facilities, including the International School, medical clinics, indoor swimming pools and pharmacies. Distances to points of interest: - Beach 0.5Km -Clinic 0.5km -Marina 0.5Km -Restaurants 0.5Km -Bus 0.5Km -Market 0.5Km -Stores 0.5Km -Golf 1.0 km -Airport 17.0Km I am at your entire disposal to provide more information or schedule a visit #ref: 108284
Located in a condominium with one of the best buildings in Vilamoura, this apartment is close to the prestigious Vilamoura Marina and Casino and the renowned Vilamoura Hotels. Due to its position, you don't need a car, as it's a five-minute walk from the beach and two minutes from the supermarket and restaurants. When you enter the apartment, you find a hall that connects to a phenomenal living and dining room, where you can develop your phenomenal dishes in a fully equipped kitchen, to enjoy the sunny days you have a fabulous terrace with sea views. It consists of two good-sized bedrooms with access to a terrace, and a full bathroom. The apartment is sold with a parking space and a storage room. Due to its construction, excellent location and generous areas, this apartment is an excellent investment opportunity, whether for your own home or for renting out. Vilamoura is a prestigious location, with plenty of sunny days you can enjoy excellent quality beaches, internationally recognized golf courses where renowned tournaments are played, world-class equestrian facilities and a Marina with many prestigious awards, considered by many to be the best Marina in the world. Vilamoura is the largest tourist resort in Europe, with plenty of options for activities such as fishing, boating, surfing, sailing, tennis, horse riding and many others. There is a wide range of excellent hotels, holiday villages, luxury apartments and villas. There is easy access to a wide range of facilities, including the International School, medical clinics, indoor swimming pools and pharmacies. Distances to points of interest: - Beach 0.5Km -Clinic 0.5km -Marina 0.5Km -Restaurants 0.5Km -Bus 0.5Km -Market 0.5Km -Stores 0.5Km -Golf 1.0 km -Airport 17.0Km I am at your entire disposal to provide more information or schedule a visit #ref: 108284
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Currency Exchange
Loulé, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
Loulé, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
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 £19,553 more.
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