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T1 + 2 | Carvoeiro Nature Resort - 1st Floor
Lagoa, Faro, Portugal, 8400-058
REF: 823205
€480,000
Description
Increased quality of life in a nature-focused resort! This magnificent apartment of contemporary architecture is located on the 1st floor of a building with only four apartments. It consists of a living room with an elegantly equipped open-plan kitchen, providing access to a pleasant balcony overlooking the resort. The master bedroom has a built-in wardrobe, en-suite bathroom and access to balconies. The other two rooms can be converted into a living room, bedroom or office, and are complemented by a further full bathroom with shower. The outdoor leisure area is easily accessible from any room in this comfortable apartment, through large windows that allow natural light to enter.
This property can be used as a year-round holiday home or as an investment.
The apartments have access to the communal swimming pool.
Sold furnished.
Increased quality of life in a nature-focused resort! This magnificent apartment of contemporary architecture is located on the 1st floor of a building with only four apartments. It consists of a living room with an elegantly equipped open-plan kitchen, providing access to a pleasant balcony overlooking the resort. The master bedroom has a built-in wardrobe, en-suite bathroom and access to balconies. The other two rooms can be converted into a living room, bedroom or office, and are complemented by a further full bathroom with shower. The outdoor leisure area is easily accessible from any room in this comfortable apartment, through large windows that allow natural light to enter.
This property can be used as a year-round holiday home or as an investment.
The apartments have access to the communal swimming pool.
Sold furnished.
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Currency Exchange
Lagoa, Faro, Portugal, 8400-058
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £402,874 | £414,029 | £11,155 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £402,874 |
| Maximum cost in the last six months | £414,029 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,155 |
Lagoa, Faro, Portugal, 8400-058
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 €480,000 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 |
|---|---|---|---|
| €480,000 | £402,874 | £414,029 | £11,155 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £402,874 |
| Maximum cost in the last six months | £414,029 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,155 |
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 £11,155 more.
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