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One-bedroom flat with south-facing balcony overlooking the apartment's pool and garden, ideal for living in or renting out! It consists of a hallway, a bedroom with wardrobe, a bathroom with bathtub and a living room with open kitchen and direct access to the large balcony
Albufeira, Faro, Portugal
REF: 818048
€165,000
Description
One-bedroom flat with south-facing balcony overlooking the apartment's pool and garden, ideal for living in or renting out! It consists of a hallway, a bedroom with wardrobe, a bathroom with bathtub and a living room with open kitchen and direct access to the large balcony. The flat is on the 2nd floor, has air conditioning and is fully furnished. The Clube Luna Miramar is a 4-star luxury hotel in the centre of Albufeira, with a magnificent outdoor swimming pool, gym, jacuzzi and restaurant. Only a 10-minute walk from the historic centre and the beach. Points of interest: 50 m from Continente supermarket, 500 m from Avenida dos Bars, 800 m from Albufeira beach, 10 minutes from Algarve shopping centre, 10 minutes from golf courses, 10 minutes from the entrance to the A2 and Via do Infante (A22), 45 minutes from Faro airport. Condominium fees - 100 euros per month, including water and electricity. The building has a tourist licence and pays the taxes corresponding to this classification. #ref: 116382
One-bedroom flat with south-facing balcony overlooking the apartment's pool and garden, ideal for living in or renting out! It consists of a hallway, a bedroom with wardrobe, a bathroom with bathtub and a living room with open kitchen and direct access to the large balcony. The flat is on the 2nd floor, has air conditioning and is fully furnished. The Clube Luna Miramar is a 4-star luxury hotel in the centre of Albufeira, with a magnificent outdoor swimming pool, gym, jacuzzi and restaurant. Only a 10-minute walk from the historic centre and the beach. Points of interest: 50 m from Continente supermarket, 500 m from Avenida dos Bars, 800 m from Albufeira beach, 10 minutes from Algarve shopping centre, 10 minutes from golf courses, 10 minutes from the entrance to the A2 and Via do Infante (A22), 45 minutes from Faro airport. Condominium fees - 100 euros per month, including water and electricity. The building has a tourist licence and pays the taxes corresponding to this classification. #ref: 116382
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Currency Exchange
Albufeira, 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 €165,000 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 |
|---|---|---|---|
| €165,000 | £136,671 | £141,809 | £5,138 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £136,671 |
| Maximum cost in the last six months | £141,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,138 |
Albufeira, 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 €165,000 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 |
|---|---|---|---|
| €165,000 | £136,671 | £141,809 | £5,138 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £136,671 |
| Maximum cost in the last six months | £141,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,138 |
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 £5,138 more.
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