Two bedroom apartments in the final stages of construction near the center of Loulé, Algarve

Loulé, Faro, Portugal, 8100-304 Loulé

For Sale

€310,000

REF: 803622 €310,000


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2

Description

New two bedroom apartments close to all amenities (shops, restaurants, supermarkets, bars, pharmacy, hospital, etc...). Brand new two bedroom apartments under construction in the center of Loulé and close to all amenities (shops, restaurants, supermarkets, bars, pharmacy, hospital, etc...). With 117 sq.m.

of built area. Comprising an entrance hall, one living room, one fully equipped modern kitchen, two bedrooms, of which one is en-suite plus another complete bathroom, large terraces. The apartments come equipped with air conditioning, solar panels, electric shutters and double glazing. They also have a parking space in the basement and a storage room in the attic. Investment opportunity. Great rental potential. Good apartments for permanent residence or simply for holidays. Prices from:
New two bedroom apartments close to all amenities (shops, restaurants, supermarkets, bars, pharmacy, hospital, etc...). Brand new two bedroom apartments under construction in the center of Loulé and close to all amenities (shops, restaurants, supermarkets, bars, pharmacy, hospital, etc...). With 117 sq.m.

of built area. Comprising an entrance hall, one living room, one fully equipped modern kitchen, two bedrooms, of which one is en-suite plus another complete bathroom, large terraces. The apartments come equipped with air conditioning, solar panels, electric shutters and double glazing. They also have a parking space in the basement and a storage room in the attic. Investment opportunity. Great rental potential. Good apartments for permanent residence or simply for holidays. Prices from:
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Property on Map

#EA237702M

Currency Exchange

Loulé, Faro, Portugal, 8100-304 Loulé

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 €310,000 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
€310,000 £257,883 £266,792 £8,909
Property Price € €310,000
Minimum cost in the last six months £257,883
Maximum cost in the last six months £266,792
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,909

Loulé, Faro, Portugal, 8100-304 Loulé

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 €310,000 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
€310,000 £257,883 £266,792 £8,909
Property Price € €310,000
Minimum cost in the last six months £257,883
Maximum cost in the last six months £266,792
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,909

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 £8,909 more.

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