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1 bedroom apartment just a few meters from the beach - Portimão
Portimão, Faro, Portugal, 8500-735
REF: 849219
€199,900
Description
Spacious 1 Bedroom Apartment in Portimão
Magnificent apartment with one bedroom, kitchen with a small pantry, living and dining room with fireplace and bathroom with bathtub.
Located on the 3rd floor, this apartment, with very generous areas and plenty of natural light, is located close to the center and all services and also benefits from a view over the Arade River.
Condominium fee: 42 per month.
Just a few minutes from several beaches, Praia da Rocha and Alvor.
Don't miss this opportunity and contact us for a visit.
Our company can assist in various areas, such as how to obtain the best exchange rates, account opening and documentation regarding bank loans, carrying out improvement works, etc.
Spacious 1 Bedroom Apartment in Portimão
Magnificent apartment with one bedroom, kitchen with a small pantry, living and dining room with fireplace and bathroom with bathtub.
Located on the 3rd floor, this apartment, with very generous areas and plenty of natural light, is located close to the center and all services and also benefits from a view over the Arade River.
Condominium fee: 42 per month.
Just a few minutes from several beaches, Praia da Rocha and Alvor.
Don't miss this opportunity and contact us for a visit.
Our company can assist in various areas, such as how to obtain the best exchange rates, account opening and documentation regarding bank loans, carrying out improvement works, etc.
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Property on Map
Currency Exchange
Portimão, Faro, Portugal, 8500-735
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 €199,900 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 |
|---|---|---|---|
| €199,900 | £165,579 | £171,886 | £6,307 |
| Property Price € | €199,900 |
| Minimum cost in the last six months | £165,579 |
| Maximum cost in the last six months | £171,886 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,307 |
Portimão, Faro, Portugal, 8500-735
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 €199,900 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 |
|---|---|---|---|
| €199,900 | £165,579 | £171,886 | £6,307 |
| Property Price € | €199,900 |
| Minimum cost in the last six months | £165,579 |
| Maximum cost in the last six months | £171,886 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,307 |
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 £6,307 more.
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