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I present to you a typical house located in one of the most central areas of the city of Faro where you will not need to use a car to easily reach the train and bus stations, restaurants, marina and many cultural spaces
Faro, Faro, Portugal
REF: 833529
€545,000
Description
I present to you a typical house located in one of the most central areas of the city of Faro where you will not need to use a car to easily reach the train and bus stations, restaurants, marina and many cultural spaces. Single storey and semi-detached, it was completely renovated with all attention paid to quality, design and comfort. Upon entering we have a long corridor whose typical tiles stand out and which gives us access to the 3 bedrooms, the 2 bathrooms, a large area where, in perfect harmony, we have the fully equipped open space kitchen with the dining room. and be. Then, outside, we have a refreshing tank for the hottest days and two terraces with sea views. It will be sold fully equipped and furnished. It has double-glazed windows, a water heater, electric heaters and pre-installation of solar panels. I would like to note that the energy certification was carried out before the renovation. Perfect for main residence or investment as the property already has an AL license. There is also the possibility of building a new floor, on the first floor, which is fully prepared with water and electricity connections. You will find a perfect balance between modernity and tradition in this unique property. Come meet. DO YOU WANT TO KNOW MORE ABOUT US? iad is an expanding digital real estate network in Europe, with more than 14 thousand consultants. Last year, it achieved a turnover of 278 million euros and is expected to exceed 350 million this year. iad's business model combines real estate, web and network marketing, allowing entrepreneurs to create their own digital real estate businesses. iad has revolutionized the real estate market by adopting digital processes and eliminating the need for physical visits to real estate agencies. The company has shown resilience during the pandemic and continues to attract entrepreneurs in several countries, including Portugal, France, Spain, Italy, Germany and Mexico. iad is at the forefront of the sector, predicting the future since 2008. #ref: 119342
I present to you a typical house located in one of the most central areas of the city of Faro where you will not need to use a car to easily reach the train and bus stations, restaurants, marina and many cultural spaces. Single storey and semi-detached, it was completely renovated with all attention paid to quality, design and comfort. Upon entering we have a long corridor whose typical tiles stand out and which gives us access to the 3 bedrooms, the 2 bathrooms, a large area where, in perfect harmony, we have the fully equipped open space kitchen with the dining room. and be. Then, outside, we have a refreshing tank for the hottest days and two terraces with sea views. It will be sold fully equipped and furnished. It has double-glazed windows, a water heater, electric heaters and pre-installation of solar panels. I would like to note that the energy certification was carried out before the renovation. Perfect for main residence or investment as the property already has an AL license. There is also the possibility of building a new floor, on the first floor, which is fully prepared with water and electricity connections. You will find a perfect balance between modernity and tradition in this unique property. Come meet. DO YOU WANT TO KNOW MORE ABOUT US? iad is an expanding digital real estate network in Europe, with more than 14 thousand consultants. Last year, it achieved a turnover of 278 million euros and is expected to exceed 350 million this year. iad's business model combines real estate, web and network marketing, allowing entrepreneurs to create their own digital real estate businesses. iad has revolutionized the real estate market by adopting digital processes and eliminating the need for physical visits to real estate agencies. The company has shown resilience during the pandemic and continues to attract entrepreneurs in several countries, including Portugal, France, Spain, Italy, Germany and Mexico. iad is at the forefront of the sector, predicting the future since 2008. #ref: 119342
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Currency Exchange
Faro, 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 €545,000 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 |
|---|---|---|---|
| €545,000 | £457,429 | £470,095 | £12,666 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £457,429 |
| Maximum cost in the last six months | £470,095 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,666 |
Faro, 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 €545,000 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 |
|---|---|---|---|
| €545,000 | £457,429 | £470,095 | £12,666 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £457,429 |
| Maximum cost in the last six months | £470,095 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,666 |
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 £12,666 more.
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