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**Quinta do Amparo/Portimão** We present to you a completely renovated 2 bedroom apartment, located on the 7th floor of a building in the center of Portimão
Portimão, Faro, Portugal
REF: 851934
€235,000
Description
**Quinta do Amparo/Portimão** We present to you a completely renovated 2 bedroom apartment, located on the 7th floor of a building in the center of Portimão. The apartment comprises: A hallway, equipped kitchen, a closed balcony with a storage room, a living room with a heat recovery system, 2 bedrooms with built-in wardrobes, a bathroom with a shower, and 2 enclosed balconies. Advantages: - Located in the heart of the city - PVC tilt-and-turn windows - New plumbing throughout the apartment and the entire building - Air conditioning - Building with an elevator - Equipped kitchen with a water heater, cooktop, and oven - Optional: 2 parking spaces 30 meters away, each costing €47 monthly - Just 1.5 km from Praia da Rocha Areas: - Private gross area: 74.50 m² - Dependent area: 15.50 m² - Covered terrace: 26.50 m² Condominium fee: €28 Property tax (IMI): €244 Don’t wait any longer; contact me quickly to arrange a viewing of this property, and I will assist you throughout the entire purchasing process, including with your mortgage if necessary. P.S. / I share my fees with all real estate agencies 50%/50%. #ref: 122057
**Quinta do Amparo/Portimão** We present to you a completely renovated 2 bedroom apartment, located on the 7th floor of a building in the center of Portimão. The apartment comprises: A hallway, equipped kitchen, a closed balcony with a storage room, a living room with a heat recovery system, 2 bedrooms with built-in wardrobes, a bathroom with a shower, and 2 enclosed balconies. Advantages: - Located in the heart of the city - PVC tilt-and-turn windows - New plumbing throughout the apartment and the entire building - Air conditioning - Building with an elevator - Equipped kitchen with a water heater, cooktop, and oven - Optional: 2 parking spaces 30 meters away, each costing €47 monthly - Just 1.5 km from Praia da Rocha Areas: - Private gross area: 74.50 m² - Dependent area: 15.50 m² - Covered terrace: 26.50 m² Condominium fee: €28 Property tax (IMI): €244 Don’t wait any longer; contact me quickly to arrange a viewing of this property, and I will assist you throughout the entire purchasing process, including with your mortgage if necessary. P.S. / I share my fees with all real estate agencies 50%/50%. #ref: 122057
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Currency Exchange
Portimão, 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 €235,000 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 |
|---|---|---|---|
| €235,000 | £193,617 | £201,971 | £8,354 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £193,617 |
| Maximum cost in the last six months | £201,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,354 |
Portimão, 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 €235,000 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 |
|---|---|---|---|
| €235,000 | £193,617 | £201,971 | £8,354 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £193,617 |
| Maximum cost in the last six months | £201,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,354 |
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 £8,354 more.
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