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Located in the charming city of Albufeira in the quiet neighborhood of Santa Eulalia, one of the most strategic due to its proximity to the beach, reachable in a few minutes on foot, which offers all the necessary services (bars, restaurants, pharmacy, supermarkets)
Albufeira, Faro, Portugal
REF: 856748
€285,000
Description
Located in the charming city of Albufeira in the quiet neighborhood of Santa Eulalia, one of the most strategic due to its proximity to the beach, reachable in a few minutes on foot, which offers all the necessary services (bars, restaurants, pharmacy, supermarkets). This apartment is an opportunity for those who want to reside or for those who want to invest in a property with significant profitability potential. Totally renovated with quality materials, the accommodation maintains its original charm and the new and modern furnishings offer comfortable and functional accommodation. The apartment is equipped with a complete kitchen which gives access to a large dining room, a room with a sofa bed, a comfortable and spacious bedroom, a practical and large bathroom with a large shower and a convenient closet. The apartment has an AL license. Contact me now to arrange a visit and discover the quality of this apartment! #ref: 123125
Located in the charming city of Albufeira in the quiet neighborhood of Santa Eulalia, one of the most strategic due to its proximity to the beach, reachable in a few minutes on foot, which offers all the necessary services (bars, restaurants, pharmacy, supermarkets). This apartment is an opportunity for those who want to reside or for those who want to invest in a property with significant profitability potential. Totally renovated with quality materials, the accommodation maintains its original charm and the new and modern furnishings offer comfortable and functional accommodation. The apartment is equipped with a complete kitchen which gives access to a large dining room, a room with a sofa bed, a comfortable and spacious bedroom, a practical and large bathroom with a large shower and a convenient closet. The apartment has an AL license. Contact me now to arrange a visit and discover the quality of this apartment! #ref: 123125
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Currency Exchange
Albufeira, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £239,206 | £245,830 | £6,623 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £239,206 |
| Maximum cost in the last six months | £245,830 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,623 |
Albufeira, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £239,206 | £245,830 | £6,623 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £239,206 |
| Maximum cost in the last six months | £245,830 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,623 |
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 £6,623 more.
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