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T0 | Torralta Atlntico 901
Portimão, Faro, Portugal
REF: 823207
€210,000
Description
Studio a stone's throw from the beach! Wonderful studio on the 9th floor, with a privileged location and with direct access to Torralta beach, within a gated community with garden, heated pool and parking.
Features:
- Entrance hall with built-in wardrobe
- Spacious living room/ bedroom
- Bathroom with bathtub
- Fully equipped kitchenette
- South-facing balcony with partial sea views
Facilities:
-Air conditioning
- Fully furnished
- Double glazing
- Aluminum frames
Expenditure:
- Periodic instalment 2024: 4196.02 (VAT included)
Inserted in a tourist resort with private outdoor parking, indoor and outdoor swimming pool, sauna and Turkish bath. It is a stone's throw from the beach with direct access to the Alvor walkways, ideal for walks and sunset walks. Close to restaurants, bars, services and with a supermarket less than 2 minutes walk.
Less than an hour's drive from Faro airport, it is a great opportunity for investment and profitability!
Studio a stone's throw from the beach! Wonderful studio on the 9th floor, with a privileged location and with direct access to Torralta beach, within a gated community with garden, heated pool and parking.
Features:
- Entrance hall with built-in wardrobe
- Spacious living room/ bedroom
- Bathroom with bathtub
- Fully equipped kitchenette
- South-facing balcony with partial sea views
Facilities:
-Air conditioning
- Fully furnished
- Double glazing
- Aluminum frames
Expenditure:
- Periodic instalment 2024: 4196.02 (VAT included)
Inserted in a tourist resort with private outdoor parking, indoor and outdoor swimming pool, sauna and Turkish bath. It is a stone's throw from the beach with direct access to the Alvor walkways, ideal for walks and sunset walks. Close to restaurants, bars, services and with a supermarket less than 2 minutes walk.
Less than an hour's drive from Faro airport, it is a great opportunity for investment and profitability!
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Currency Exchange
Portimão, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
Portimão, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
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 £6,539 more.
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