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3 bedroom apartment with fantastic views over the Ria, located in Faro
Faro, Faro, Portugal
REF: 867439
€400,000
Description
3 bedroom apartment with fantastic views over the Ria, located in Faro. This spacious 3 bedroom apartment offers a privileged location in Faro. Composed by: • Three Bedrooms: All with built-in closets. • Two bathrooms, one of them with a bathtub. • Possibility of closing off a space and transforming one of the bedrooms into a suite. • Living and Dining Room: Large and bright space with balcony and window, with a space that can be converted into a work area; • Equipped Kitchen: With access to a small sunroom. • Pantry: For additional storage. • Balconies: Located on the fourth floor, it allows you to enjoy the panoramic views with the estuary in the background. Furthermore, this apartment is sold together with a garage and storage room. Location: Close to supermarkets, restaurants and other amenities, in the heart of Faro, less than 1km from Faro Hospital. Faro airport is less than 7km away. Ideal for those looking for comfort, convenience and a spectacular view! This is a unique opportunity to purchase a fantastic apartment in the capital of the Algarve. For more information or to schedule a visit, contact me. #ref: 123957
3 bedroom apartment with fantastic views over the Ria, located in Faro. This spacious 3 bedroom apartment offers a privileged location in Faro. Composed by: • Three Bedrooms: All with built-in closets. • Two bathrooms, one of them with a bathtub. • Possibility of closing off a space and transforming one of the bedrooms into a suite. • Living and Dining Room: Large and bright space with balcony and window, with a space that can be converted into a work area; • Equipped Kitchen: With access to a small sunroom. • Pantry: For additional storage. • Balconies: Located on the fourth floor, it allows you to enjoy the panoramic views with the estuary in the background. Furthermore, this apartment is sold together with a garage and storage room. Location: Close to supermarkets, restaurants and other amenities, in the heart of Faro, less than 1km from Faro Hospital. Faro airport is less than 7km away. Ideal for those looking for comfort, convenience and a spectacular view! This is a unique opportunity to purchase a fantastic apartment in the capital of the Algarve. For more information or to schedule a visit, contact me. #ref: 123957
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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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
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 £14,220 more.
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