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Apartment development project Olhão
Olhão, Faro, Portugal
REF: 801749
€185,000
Description
Olhao is a delightful coastal town in Portugal, known for its scenic marina, historic buildings, and evolving cultural scene. The town is famous for its vibrant seafood markets and beautiful beaches, offering a blend of tradition and modern living. Explore Olhao's charming streets and nearby islands to experience its natural beauty and unique character. Located in a thriving residential neighborhood just 2.5 km from Olhao's vibrant marina, this development features 12 high-quality apartments, each thoughtfully priced. With T1, T2, and T3 units on the different floors, you'll find the ideal living space to suit your needs.
Olhao is on the rise, making this property a smart investment choice in a town that's growing in popularity. The apartments come with an impressive A-rated energy certification, prioritizing sustainability and efficiency.
Construction will be completed in November/December, giving you the opportunity to make this property your own in the near future. Contact us today for more details and to schedule a viewing.
Olhao is a delightful coastal town in Portugal, known for its scenic marina, historic buildings, and evolving cultural scene. The town is famous for its vibrant seafood markets and beautiful beaches, offering a blend of tradition and modern living. Explore Olhao's charming streets and nearby islands to experience its natural beauty and unique character. Located in a thriving residential neighborhood just 2.5 km from Olhao's vibrant marina, this development features 12 high-quality apartments, each thoughtfully priced. With T1, T2, and T3 units on the different floors, you'll find the ideal living space to suit your needs.
Olhao is on the rise, making this property a smart investment choice in a town that's growing in popularity. The apartments come with an impressive A-rated energy certification, prioritizing sustainability and efficiency.
Construction will be completed in November/December, giving you the opportunity to make this property your own in the near future. Contact us today for more details and to schedule a viewing.
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Currency Exchange
Olhão, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £152,422 | £158,998 | £6,577 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £152,422 |
| Maximum cost in the last six months | £158,998 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,577 |
Olhão, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £152,422 | £158,998 | £6,577 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £152,422 |
| Maximum cost in the last six months | £158,998 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,577 |
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 £6,577 more.
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