Fabulous luxurious two bedroom apartment besides the Victoria Golf Course in Vilamoura, Algarve

Loulé, Faro, Portugal, 8125-432

For Sale

€465,000

REF: 850609 €465,000


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Description

Fabulous luxurious two bedroom apartment besides the Victoria Golf Course in Vilamoura, Algarve Luxurious two bedroom apartment located next to the Victoria Golf Course and in one of the most prestigious areas of Vilamoura. Closed complex with 24 hour reception, security, kids playing area, snack bar, indoor and outdoor pool, gym and large communal garden. Only 5 minutes drive from the Marina in Vilamoura and the beach. With 130 sq.m.

of built area, this apartment has a bright entrance hall with access to the spacious lounge. One fully fitted kitchen with a separate laundry area. Two bedrooms, one of which is en-suite and a separate guest bathroom. The apartment comes equipped with double glazing, air conditioning, alarm and electric shutters. Furthermore, it has an underground parking space for two cars and one storage. Excellent rental potential. Fantastic investment. AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Fabulous luxurious two bedroom apartment besides the Victoria Golf Course in Vilamoura, Algarve Luxurious two bedroom apartment located next to the Victoria Golf Course and in one of the most prestigious areas of Vilamoura. Closed complex with 24 hour reception, security, kids playing area, snack bar, indoor and outdoor pool, gym and large communal garden. Only 5 minutes drive from the Marina in Vilamoura and the beach. With 130 sq.m.

of built area, this apartment has a bright entrance hall with access to the spacious lounge. One fully fitted kitchen with a separate laundry area. Two bedrooms, one of which is en-suite and a separate guest bathroom. The apartment comes equipped with double glazing, air conditioning, alarm and electric shutters. Furthermore, it has an underground parking space for two cars and one storage. Excellent rental potential. Fantastic investment. AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map

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Currency Exchange

Loulé, Faro, Portugal, 8125-432

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 £386,824 £400,188 £13,364
Property Price € €465,000
Minimum cost in the last six months £386,824
Maximum cost in the last six months £400,188
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,364

Loulé, Faro, Portugal, 8125-432

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 £386,824 £400,188 £13,364
Property Price € €465,000
Minimum cost in the last six months £386,824
Maximum cost in the last six months £400,188
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,364

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 £13,364 more.

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