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Lovely 1+1 bedroom apartment completely renovated in Vale do Lobo, Algarve
Loulé, Faro, Portugal, 8125-034
REF: 818422
€520,000
Description
Excellent 1+1 bedroom apartment within walking distance of the tennis club, the beach and the golf courses. In the luxury resort of Vale do Lobo, we have an excellent refurbished 1+1 bed apartment with 73 sq.m. of built area, located in the centre, within walking distance of the tennis club, the beach and the golf courses.
The apartment comprises of an entrance hall that leads us to the large and bright living room and a fully equipped open space kitchen, which then leads to the large terrace ideal for outdoor dining overlooking the garden. One en-suite bedroom with a private bathroom and a smaller room, ideal for children or visitors. There is also another bathroom.
The apartment is sold furnished and comes equipped with air conditioning, underfloor heating and double glazing.
Excellent investment opportunity for both rentals or permanent living.
You have also the option of becoming a Vale do Lobo cardholder by paying a small annual fee, and get even more advantages for living in this idyllic place, such as free Resort Shuttle, discounts on Green fees, club hire, buggy and lessons, wellness centre, tennis, free swimming pool use and several other advantages.
Excellent 1+1 bedroom apartment within walking distance of the tennis club, the beach and the golf courses. In the luxury resort of Vale do Lobo, we have an excellent refurbished 1+1 bed apartment with 73 sq.m. of built area, located in the centre, within walking distance of the tennis club, the beach and the golf courses.
The apartment comprises of an entrance hall that leads us to the large and bright living room and a fully equipped open space kitchen, which then leads to the large terrace ideal for outdoor dining overlooking the garden. One en-suite bedroom with a private bathroom and a smaller room, ideal for children or visitors. There is also another bathroom.
The apartment is sold furnished and comes equipped with air conditioning, underfloor heating and double glazing.
Excellent investment opportunity for both rentals or permanent living.
You have also the option of becoming a Vale do Lobo cardholder by paying a small annual fee, and get even more advantages for living in this idyllic place, such as free Resort Shuttle, discounts on Green fees, club hire, buggy and lessons, wellness centre, tennis, free swimming pool use and several other advantages.
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Currency Exchange
Loulé, Faro, Portugal, 8125-034
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 €520,000 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 |
|---|---|---|---|
| €520,000 | £432,578 | £447,522 | £14,945 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £432,578 |
| Maximum cost in the last six months | £447,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,945 |
Loulé, Faro, Portugal, 8125-034
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 €520,000 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 |
|---|---|---|---|
| €520,000 | £432,578 | £447,522 | £14,945 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £432,578 |
| Maximum cost in the last six months | £447,522 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,945 |
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 £14,945 more.
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