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Spacious 2 Bedroom Apartment
Lagoa, Faro, Portugal
REF: 854964
€375,000
Description
This is a very spacious and comfortable two bedroom apartment on the first floor, situated in the heart of the Gramacho Golf course. A fantastic location and no need to be a golfer! the majority of owners are non golfers/ Through the entrance hall we have access to the living room with fireplace and a nice balcony. The kitchen is fully equipped. The apartment has 1 master bedroom with a spacious built-in wardrobe and en suite bathroom with bathtub. The second bedroom also with built-in wardrobe shares a spacious bathroom with shower. This property has gas heating and ceiling fans in the rooms. The common leisure areas consist of gardens, swimming pool and tennis court. Sold furnished. By purchasing a property at one of the Pestana Group Resorts in the Algarve, we guarantee maintenance services, gardening and security service 24 hours. Contact me to arrange your visit to this great property.
This is a very spacious and comfortable two bedroom apartment on the first floor, situated in the heart of the Gramacho Golf course. A fantastic location and no need to be a golfer! the majority of owners are non golfers/ Through the entrance hall we have access to the living room with fireplace and a nice balcony. The kitchen is fully equipped. The apartment has 1 master bedroom with a spacious built-in wardrobe and en suite bathroom with bathtub. The second bedroom also with built-in wardrobe shares a spacious bathroom with shower. This property has gas heating and ceiling fans in the rooms. The common leisure areas consist of gardens, swimming pool and tennis court. Sold furnished. By purchasing a property at one of the Pestana Group Resorts in the Algarve, we guarantee maintenance services, gardening and security service 24 hours. Contact me to arrange your visit to this great property.
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Currency Exchange
Lagoa, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
Lagoa, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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