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Edifício Lux in VRSA Fantastic flat, located on the 2nd floor of the Lux Building under construction in the historic centre of Vila Real de Santo António
Vila Real de Santo António, Faro, Portugal
REF: 782438
€220,000
Description
Edifício Lux in VRSA Fantastic flat, located on the 2nd floor of the Lux Building under construction in the historic centre of Vila Real de Santo António. The flat we are presenting to you is part of a building under construction, scheduled for completion in 2025, where you will find excellent finishes. On entering, you'll find an entrance hall that leads to an open-plan living room in perfect harmony with the kitchen, which will be fully furnished and equipped with a ceramic hob, oven, extractor fan, fridge, washing machine or dishwasher and which will give access to a magnificent 11m2 terrace. This property has a bedroom with a built-in wardrobe. The bathroom will be fitted with a toilet, bidet and suspended washbasins. All the windows in this property will have aluminium frames with thermal break and electric shutters. The flat will also be equipped with pre-installation for air conditioning and a solar panel for water heating. Vila Real de Santo António is the ideal place if you're looking to enjoy tranquillity and quality of life due to its location and natural surroundings, with easy access to the golden sandy beach and warm waters, surrounded by pine forests inviting you to go for a walk or practice sports, as well as excellent access to Faro, located around 45 minutes away, and Seville, just over an hour away. This is the perfect opportunity to buy that flat you've always wanted and which has great potential for profitability. Don't waste any more time and contact us for more information, because at IAD there's a lot we can do for you! #ref: 111330
Edifício Lux in VRSA Fantastic flat, located on the 2nd floor of the Lux Building under construction in the historic centre of Vila Real de Santo António. The flat we are presenting to you is part of a building under construction, scheduled for completion in 2025, where you will find excellent finishes. On entering, you'll find an entrance hall that leads to an open-plan living room in perfect harmony with the kitchen, which will be fully furnished and equipped with a ceramic hob, oven, extractor fan, fridge, washing machine or dishwasher and which will give access to a magnificent 11m2 terrace. This property has a bedroom with a built-in wardrobe. The bathroom will be fitted with a toilet, bidet and suspended washbasins. All the windows in this property will have aluminium frames with thermal break and electric shutters. The flat will also be equipped with pre-installation for air conditioning and a solar panel for water heating. Vila Real de Santo António is the ideal place if you're looking to enjoy tranquillity and quality of life due to its location and natural surroundings, with easy access to the golden sandy beach and warm waters, surrounded by pine forests inviting you to go for a walk or practice sports, as well as excellent access to Faro, located around 45 minutes away, and Seville, just over an hour away. This is the perfect opportunity to buy that flat you've always wanted and which has great potential for profitability. Don't waste any more time and contact us for more information, because at IAD there's a lot we can do for you! #ref: 111330
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Currency Exchange
Vila Real de Santo António, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,258 | £189,079 | £7,821 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,258 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,821 |
Vila Real de Santo António, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,258 | £189,079 | £7,821 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,258 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,821 |
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 £7,821 more.
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