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Discover this new development under construction in the city of Faro, offering 1, 2 and 3 bedroom apartments in a modern 6-storey building with 19 apartments
Faro, Faro, Portugal
REF: 835516
€320,000
Description
Discover this new development under construction in the city of Faro, offering 1, 2 and 3 bedroom apartments in a modern 6-storey building with 19 apartments. Located in a central and privileged area of the city, this development is close to the Central Algarve Hospital, UALG University, the Municipal Market, pharmacies, supermarkets, banks, public transport and all the amenities you need for your day-to-day life. The apartments stand out for their contemporary architecture and high-quality finishes, offering generous areas and an excellent layout of spaces. Each unit comprises an open-plan living room and kitchen with access to the balcony, equipped with extractor hood, hob and oven, microwave, dishwasher and washing machine, Ariston fridge or equivalent; bedrooms with built-in closets and floating floors, bathrooms equipped with bath and shower tray, underfloor heating and suspended crockery and parking, each fraction has a parking space. The 3-bedr. apartments have 2 parking spaces. This is undoubtedly the ideal location for those looking for quality of life, comfort and modernity in the heart of Faro. Ask for more information and come and see this incredible project! #ref: 119829
Discover this new development under construction in the city of Faro, offering 1, 2 and 3 bedroom apartments in a modern 6-storey building with 19 apartments. Located in a central and privileged area of the city, this development is close to the Central Algarve Hospital, UALG University, the Municipal Market, pharmacies, supermarkets, banks, public transport and all the amenities you need for your day-to-day life. The apartments stand out for their contemporary architecture and high-quality finishes, offering generous areas and an excellent layout of spaces. Each unit comprises an open-plan living room and kitchen with access to the balcony, equipped with extractor hood, hob and oven, microwave, dishwasher and washing machine, Ariston fridge or equivalent; bedrooms with built-in closets and floating floors, bathrooms equipped with bath and shower tray, underfloor heating and suspended crockery and parking, each fraction has a parking space. The 3-bedr. apartments have 2 parking spaces. This is undoubtedly the ideal location for those looking for quality of life, comfort and modernity in the heart of Faro. Ask for more information and come and see this incredible project! #ref: 119829
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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 €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 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| 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 | £9,965 |
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 €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 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| 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 | £9,965 |
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 £9,965 more.
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