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Very cosy 1-bedroom flat, extremely well maintained, in a very quiet area, just a 2-minute walk from the Ria Formosa waterfront in Santa Luzia and less than 5 minutes from the pier for Terra Estreita beach
Tavira, Faro, Portugal
REF: 782444
€199,000
Description
Very cosy 1-bedroom flat, extremely well maintained, in a very quiet area, just a 2-minute walk from the Ria Formosa waterfront in Santa Luzia and less than 5 minutes from the pier for Terra Estreita beach. The flat is located on the ground floor, has a high security door at the entrance, video intercom and consists of a bedroom with a spacious built-in wardrobe and air conditioning. We have a fully equipped kitchen with piped gas, in open space with the large living room and equipped with air conditioning. The flat has a valid AL licence and the necessary equipment for the activity, but the licence will not be passed on to the buyer by law. The property will be sold furnished. This flat is an excellent option for holiday rentals in a beautiful fishing village with beautiful beaches nearby. The flat has a gross private area of 50.79 m2. IMI: 112€/year Condominium: 12€/month IAD Portugal is a network of independent property consultants, based on a fully innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service. That's what we offer at IAD. Our consultants are there for you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. We give our consultants the flexibility and autonomy needed to guarantee you personalised support in realising your project, whether it's buying, renting or selling a property. At IAD you'll find a property consultant tailored to your needs. #ref: 110224
Very cosy 1-bedroom flat, extremely well maintained, in a very quiet area, just a 2-minute walk from the Ria Formosa waterfront in Santa Luzia and less than 5 minutes from the pier for Terra Estreita beach. The flat is located on the ground floor, has a high security door at the entrance, video intercom and consists of a bedroom with a spacious built-in wardrobe and air conditioning. We have a fully equipped kitchen with piped gas, in open space with the large living room and equipped with air conditioning. The flat has a valid AL licence and the necessary equipment for the activity, but the licence will not be passed on to the buyer by law. The property will be sold furnished. This flat is an excellent option for holiday rentals in a beautiful fishing village with beautiful beaches nearby. The flat has a gross private area of 50.79 m2. IMI: 112€/year Condominium: 12€/month IAD Portugal is a network of independent property consultants, based on a fully innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service. That's what we offer at IAD. Our consultants are there for you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. We give our consultants the flexibility and autonomy needed to guarantee you personalised support in realising your project, whether it's buying, renting or selling a property. At IAD you'll find a property consultant tailored to your needs. #ref: 110224
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Currency Exchange
Tavira, 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 €199,000 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 |
|---|---|---|---|
| €199,000 | £164,834 | £171,031 | £6,197 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £164,834 |
| Maximum cost in the last six months | £171,031 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,197 |
Tavira, 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 €199,000 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 |
|---|---|---|---|
| €199,000 | £164,834 | £171,031 | £6,197 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £164,834 |
| Maximum cost in the last six months | £171,031 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,197 |
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 £6,197 more.
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