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3 bedroom apartment + 3 outbuildings located in Parchal-Lagoa
Lagoa, Faro, Portugal, 8400-656
REF: 850974
€275,000
Description
3 bedroom apartment with 3 more dependencies of type T2, T1 and T0 located in the Bela Vista Urbanization in Parchal municipality of Lagoa.
The apartment is located on the 1st floor and has a large living room and kitchen, served by a balcony with a pantry, three bedrooms (one with a private bathroom), two of them also served by balconies closed in sunroom and two bathrooms.
On the 2nd floor above the apartment you will find a storage room that served as a laundry room with terrace that was converted into a 2 bedroom apartment consisting of a living room, two bedrooms, a bathroom and a kitchen.
On the -1 floor you will find a storage room of 13 m converted into T0 and consisting of a room and a bathroom.
At the back of the building you will also find a closed garage for two cars, with 31 m and with direct access to the street, converted into T1 comprising: a living room, a bedroom, a bathroom and a kitchen.
With easy access to the EN 125 and Portimão, 1km from the Portimão fishing dock and the Arade River, you will find all the necessary services (supermarkets, pharmacies, pastry shops, restaurants) and close to the most well-known beaches in the area.
Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit.
3 bedroom apartment with 3 more dependencies of type T2, T1 and T0 located in the Bela Vista Urbanization in Parchal municipality of Lagoa.
The apartment is located on the 1st floor and has a large living room and kitchen, served by a balcony with a pantry, three bedrooms (one with a private bathroom), two of them also served by balconies closed in sunroom and two bathrooms.
On the 2nd floor above the apartment you will find a storage room that served as a laundry room with terrace that was converted into a 2 bedroom apartment consisting of a living room, two bedrooms, a bathroom and a kitchen.
On the -1 floor you will find a storage room of 13 m converted into T0 and consisting of a room and a bathroom.
At the back of the building you will also find a closed garage for two cars, with 31 m and with direct access to the street, converted into T1 comprising: a living room, a bedroom, a bathroom and a kitchen.
With easy access to the EN 125 and Portimão, 1km from the Portimão fishing dock and the Arade River, you will find all the necessary services (supermarkets, pharmacies, pastry shops, restaurants) and close to the most well-known beaches in the area.
Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit.
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Property on Map
Currency Exchange
Lagoa, Faro, Portugal, 8400-656
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 €275,000 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 |
|---|---|---|---|
| €275,000 | £227,785 | £236,349 | £8,564 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £227,785 |
| Maximum cost in the last six months | £236,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,564 |
Lagoa, Faro, Portugal, 8400-656
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 €275,000 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 |
|---|---|---|---|
| €275,000 | £227,785 | £236,349 | £8,564 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £227,785 |
| Maximum cost in the last six months | £236,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,564 |
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 £8,564 more.
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