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**T1 Apartment in Vila Nova de Cacela - Rare on the Market!** Are you looking for a little slice of paradise near the beach to live in year-round or to invest in? Look no further! We have an excellent opportunity for you in a center of Vila Nova de Cacela, just 1
Vila Real de Santo António, Faro, Portugal
REF: 855231
€280,000
Description
**T1 Apartment in Vila Nova de Cacela - Rare on the Market!** Are you looking for a little slice of paradise near the beach to live in year-round or to invest in? Look no further! We have an excellent opportunity for you in a center of Vila Nova de Cacela, just 1.2 km from Manta Rota beach. **Location**: Situated on the 2nd floor of a 3-story building, built in 2017 (under builder's warranty), 40 minutes from Faro airport and 15 minutes from Spain. **Description**: T1 Apartment **Area**: - Total: 93.49 m² - Usable: 79.04 m² - Outbuildings: 14.45 m² **Layout**: - Entrance hall with built-in wardrobe - Equipped kitchen - Cozy living room - Comfortable bedroom with private bathroom and wardrobe - Common bathroom with window ✨ **Apartment Highlights**: - Air conditioning for optimal comfort - Acoustic and thermal double glazing - Balcony with BBQ for your summer evenings - Private parking space in the garage - Security door for maximum safety - Natural gas - Video intercom for added peace of mind - Sold furnished, just bring your bags! **Residence Features**: - Saltwater swimming pool with changing rooms and restrooms - Elevator - Close to all shops, market and public transport ️ **Excellent buying opportunity** to live in a pleasant environment or to make your investment profitable! **Bonus**: If you are under 35 and buying your first home, you are exempt from IMT and stamp duty. An opportunity not to be missed! Contact us now for a visit! This apartment won't stay on the market for long! #ref: 122787
**T1 Apartment in Vila Nova de Cacela - Rare on the Market!** Are you looking for a little slice of paradise near the beach to live in year-round or to invest in? Look no further! We have an excellent opportunity for you in a center of Vila Nova de Cacela, just 1.2 km from Manta Rota beach. **Location**: Situated on the 2nd floor of a 3-story building, built in 2017 (under builder's warranty), 40 minutes from Faro airport and 15 minutes from Spain. **Description**: T1 Apartment **Area**: - Total: 93.49 m² - Usable: 79.04 m² - Outbuildings: 14.45 m² **Layout**: - Entrance hall with built-in wardrobe - Equipped kitchen - Cozy living room - Comfortable bedroom with private bathroom and wardrobe - Common bathroom with window ✨ **Apartment Highlights**: - Air conditioning for optimal comfort - Acoustic and thermal double glazing - Balcony with BBQ for your summer evenings - Private parking space in the garage - Security door for maximum safety - Natural gas - Video intercom for added peace of mind - Sold furnished, just bring your bags! **Residence Features**: - Saltwater swimming pool with changing rooms and restrooms - Elevator - Close to all shops, market and public transport ️ **Excellent buying opportunity** to live in a pleasant environment or to make your investment profitable! **Bonus**: If you are under 35 and buying your first home, you are exempt from IMT and stamp duty. An opportunity not to be missed! Contact us now for a visit! This apartment won't stay on the market for long! #ref: 122787
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Currency Exchange
Vila Real de Santo António, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
Vila Real de Santo António, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
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 £8,719 more.
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