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Terraced house T3 Sell in Montenegro,Faro
Faro, Portugal
REF: 759546
€690,000
Description
Glamorous 3-bedroom townhouse, located in the heart of the Algarve.Modern finishes with a cozy touch and a taste of home.Facing the natural park, surrounded by nature, where you can take wonderful walks or bike rides.Close to all major services, supermarkets, and typical Algarvian cuisine restaurants. A few minutes from Faro Beach, Ria Formosa, the Airport, University, and Hospital.The house is arranged on two floors.On the ground floor, we find the entrance hall with a closet, a bedroom, a guest bathroom, pantry, and an open kitchen to the spacious dining and living room with access to the terrace and garden where the pool is located.On the first floor, we have a hall with access to a terrace of almost 20m2, two en-suite bedrooms, one of them with a closet and both with a terrace.The basement is optional and will have space for two vehicles and a storage room. Perfect not only for permanent residence but also ideal for investment or a second home.Contact us, come and see what could be your new home.Faro is located on the edge of the Ria Formosa Natural Park, where a series of saltwater lagoons and mudflats serve as a refuge for migratory birds and wildlife. After the Ria Formosa Natural Park, there are three barrier islands, home to the beaches of Faro and some of the less developed in the Algarve.
Glamorous 3-bedroom townhouse, located in the heart of the Algarve.Modern finishes with a cozy touch and a taste of home.Facing the natural park, surrounded by nature, where you can take wonderful walks or bike rides.Close to all major services, supermarkets, and typical Algarvian cuisine restaurants. A few minutes from Faro Beach, Ria Formosa, the Airport, University, and Hospital.The house is arranged on two floors.On the ground floor, we find the entrance hall with a closet, a bedroom, a guest bathroom, pantry, and an open kitchen to the spacious dining and living room with access to the terrace and garden where the pool is located.On the first floor, we have a hall with access to a terrace of almost 20m2, two en-suite bedrooms, one of them with a closet and both with a terrace.The basement is optional and will have space for two vehicles and a storage room. Perfect not only for permanent residence but also ideal for investment or a second home.Contact us, come and see what could be your new home.Faro is located on the edge of the Ria Formosa Natural Park, where a series of saltwater lagoons and mudflats serve as a refuge for migratory birds and wildlife. After the Ria Formosa Natural Park, there are three barrier islands, home to the beaches of Faro and some of the less developed in the Algarve.
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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 €690,000 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 |
|---|---|---|---|
| €690,000 | £571,534 | £593,021 | £21,487 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £571,534 |
| Maximum cost in the last six months | £593,021 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,487 |
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 €690,000 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 |
|---|---|---|---|
| €690,000 | £571,534 | £593,021 | £21,487 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £571,534 |
| Maximum cost in the last six months | £593,021 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,487 |
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 £21,487 more.
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