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Come and see this fantastic 4-bedroom apartment, all recently renovated
Olhão, Faro, Portugal
REF: 860730
€297,500
Description
Come and see this fantastic 4-bedroom apartment, all recently renovated. In the center of the city of Olhão, just a stone's throw from schools, shopping, the health center and all the goods and services needed for everyday life. Refurbished with high-quality materials, it's ideal for a large family or even for renting out - given its location. The apartment is on the ground floor and has an open-plan kitchen with a living/dining room. It has two bathrooms, four bedrooms, only one of which doesn't have a built-in closet - all the others have built-in closets. There is also a utility room for storage. The house has electric shutters, double glazing, false ceilings, an 80-liter storage heater and an induction hob. Given its sun exposure, this property has plenty of natural light, and also has excellent areas. Come and see your next home! Get in touch! #ref: 123904
Come and see this fantastic 4-bedroom apartment, all recently renovated. In the center of the city of Olhão, just a stone's throw from schools, shopping, the health center and all the goods and services needed for everyday life. Refurbished with high-quality materials, it's ideal for a large family or even for renting out - given its location. The apartment is on the ground floor and has an open-plan kitchen with a living/dining room. It has two bathrooms, four bedrooms, only one of which doesn't have a built-in closet - all the others have built-in closets. There is also a utility room for storage. The house has electric shutters, double glazing, false ceilings, an 80-liter storage heater and an induction hob. Given its sun exposure, this property has plenty of natural light, and also has excellent areas. Come and see your next home! Get in touch! #ref: 123904
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Currency Exchange
Olhão, 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 €297,500 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 |
|---|---|---|---|
| €297,500 | £246,422 | £255,686 | £9,264 |
| Property Price € | €297,500 |
| Minimum cost in the last six months | £246,422 |
| Maximum cost in the last six months | £255,686 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,264 |
Olhão, 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 €297,500 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 |
|---|---|---|---|
| €297,500 | £246,422 | £255,686 | £9,264 |
| Property Price € | €297,500 |
| Minimum cost in the last six months | £246,422 |
| Maximum cost in the last six months | £255,686 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,264 |
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 £9,264 more.
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