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Excellent new, fully-equipped two-bedroom flat
Porto, Porto, Portugal
REF: 821201
€320,000
Description
Excellent new, fully-equipped two-bedroom flat. Right in the heart of Porto you'll find this beautiful flat comprising: living/dining room, kitchen, full bathroom, bedroom, suite and storage. The kitchen is equipped with extractor fan, hob, oven, microwave, combi, dishwasher and washing machine. The flat is also equipped with air conditioning, a heat pump and solar panels. The location and energy class A+ are some of the highlights of this property. #ref: 118115
Excellent new, fully-equipped two-bedroom flat. Right in the heart of Porto you'll find this beautiful flat comprising: living/dining room, kitchen, full bathroom, bedroom, suite and storage. The kitchen is equipped with extractor fan, hob, oven, microwave, combi, dishwasher and washing machine. The flat is also equipped with air conditioning, a heat pump and solar panels. The location and energy class A+ are some of the highlights of this property. #ref: 118115
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Currency Exchange
Porto, Porto, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £263,648 | £275,024 | £11,376 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £263,648 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,376 |
Porto, Porto, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £263,648 | £275,024 | £11,376 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £263,648 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,376 |
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 £11,376 more.
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