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Wonderful two-bedroom flat with AL licence and roof terrace in the prestigious Old Village condominium in Vilamoura
Loulé, Faro, Portugal
REF: 848766
€465,000
Description
Wonderful two-bedroom flat with AL licence and roof terrace in the prestigious Old Village condominium in Vilamoura. The flat is situated on the 1st floor and comprises an entrance hall, open-plan living room and fitted kitchen with south-facing balcony, a bathroom with shower and two bedrooms with built-in wardrobes. It is equipped with double glazing in all rooms and air conditioning in the living room. The fantastic roof terrace provides a leisure area with unobstructed views over the pool and Vilamoura, making it the ideal place to enjoy with your family and friends. The Old Village is a private condominium with wonderful gardens, three swimming pools, a children's playground, restaurants, bars, shops and a mini-market. This condominium is located in Vilamoura, about a 15-minute walk from the marina. The surrounding area is the Pinhal Golf Course and a short walk away you'll find tennis courts, discos, restaurants and a casino. Praia da Falésia is about five minutes away by car. This is an excellent investment opportunity, as this condominium is in high demand, with a high occupancy rate. It could also be a good solution for your own home or simply for your holidays. Come and see your future property and book your visit! We have support for the financing process, through a credit intermediary authorised by the Bank of Portugal, who will help you find the best solutions for you. At IAD we share the business with all consultants or real estate agencies with a valid AMI licence. If you are a professional in the sector and have a qualified buyer client, please contact me to arrange a visit. #ref: 120829
Wonderful two-bedroom flat with AL licence and roof terrace in the prestigious Old Village condominium in Vilamoura. The flat is situated on the 1st floor and comprises an entrance hall, open-plan living room and fitted kitchen with south-facing balcony, a bathroom with shower and two bedrooms with built-in wardrobes. It is equipped with double glazing in all rooms and air conditioning in the living room. The fantastic roof terrace provides a leisure area with unobstructed views over the pool and Vilamoura, making it the ideal place to enjoy with your family and friends. The Old Village is a private condominium with wonderful gardens, three swimming pools, a children's playground, restaurants, bars, shops and a mini-market. This condominium is located in Vilamoura, about a 15-minute walk from the marina. The surrounding area is the Pinhal Golf Course and a short walk away you'll find tennis courts, discos, restaurants and a casino. Praia da Falésia is about five minutes away by car. This is an excellent investment opportunity, as this condominium is in high demand, with a high occupancy rate. It could also be a good solution for your own home or simply for your holidays. Come and see your future property and book your visit! We have support for the financing process, through a credit intermediary authorised by the Bank of Portugal, who will help you find the best solutions for you. At IAD we share the business with all consultants or real estate agencies with a valid AMI licence. If you are a professional in the sector and have a qualified buyer client, please contact me to arrange a visit. #ref: 120829
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Currency Exchange
Loulé, 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £390,284 | £401,090 | £10,807 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £390,284 |
| Maximum cost in the last six months | £401,090 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,807 |
Loulé, 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £390,284 | £401,090 | £10,807 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £390,284 |
| Maximum cost in the last six months | £401,090 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,807 |
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 £10,807 more.
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