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3-Bedroom House in the City Center We present a charming 3-bedroom house located in the prestigious downtown area of Faro
Faro, Faro, Portugal
REF: 862021
€370,000
Description
3-Bedroom House in the City Center We present a charming 3-bedroom house located in the prestigious downtown area of Faro. This property, comprising a ground floor and first floor, offers a cozy and functional space, ideal for either personal residence or short-term rental. Property Features: Bedrooms: 3 spacious and bright bedrooms, all with built-in wardrobes. Bathrooms: 2 modern bathrooms, both with shower bases. Living Room: Spacious living room with a fireplace, perfect for relaxing and socializing. Kitchen: Fully equipped, practical, and functional kitchen. Storage: Additional pantry for storage. Natural Light: All rooms benefit from abundant natural light. Location: The house is located in a quiet area, providing tranquility and comfort in the heart of the city. It is strategically located near all access points and public transport, making daily life and mobility easy for its residents. This ground and first-floor house can be used as a permanent residence or, if preferred, converted into a short-term rental, taking advantage of its prime location. Do not miss the opportunity to acquire this magnificent house that offers comfort, practicality, and an incomparable location in the city. #ref: 123967
3-Bedroom House in the City Center We present a charming 3-bedroom house located in the prestigious downtown area of Faro. This property, comprising a ground floor and first floor, offers a cozy and functional space, ideal for either personal residence or short-term rental. Property Features: Bedrooms: 3 spacious and bright bedrooms, all with built-in wardrobes. Bathrooms: 2 modern bathrooms, both with shower bases. Living Room: Spacious living room with a fireplace, perfect for relaxing and socializing. Kitchen: Fully equipped, practical, and functional kitchen. Storage: Additional pantry for storage. Natural Light: All rooms benefit from abundant natural light. Location: The house is located in a quiet area, providing tranquility and comfort in the heart of the city. It is strategically located near all access points and public transport, making daily life and mobility easy for its residents. This ground and first-floor house can be used as a permanent residence or, if preferred, converted into a short-term rental, taking advantage of its prime location. Do not miss the opportunity to acquire this magnificent house that offers comfort, practicality, and an incomparable location in the city. #ref: 123967
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Currency Exchange
Faro, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £310,548 | £319,147 | £8,599 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £310,548 |
| Maximum cost in the last six months | £319,147 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,599 |
Faro, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £310,548 | £319,147 | £8,599 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £310,548 |
| Maximum cost in the last six months | £319,147 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,599 |
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 £8,599 more.
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