Spacious two bedroom apartment next to Falésia Beach and Vilamoura Marina, Algarve

Loulé, Faro, Portugal, 8125-469

For Sale

€395,000

REF: 867862 €395,000


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Description

Spacious Two bedroom apartment excellently located within 10 minutes walking distance to the Marina and the Falésia beach. Spacious two bedroom apartment excellently located next to the Marina and Falésia Beach, approximately 10 minutes walk. Condominium with large green areas and communal swimming pool. With 113 sq.m.

of built area, this apartment comprises of a living room, one equipped kitchen, two bedrooms of which one is en-suite and another bathroom. Large East facing terrace. The apartment comes equipped with double glazing and air conditioning. Furthermore it has private parking for one car in the basement. Investment opportunity. Excellent rental potential.
Spacious Two bedroom apartment excellently located within 10 minutes walking distance to the Marina and the Falésia beach. Spacious two bedroom apartment excellently located next to the Marina and Falésia Beach, approximately 10 minutes walk. Condominium with large green areas and communal swimming pool. With 113 sq.m.

of built area, this apartment comprises of a living room, one equipped kitchen, two bedrooms of which one is en-suite and another bathroom. Large East facing terrace. The apartment comes equipped with double glazing and air conditioning. Furthermore it has private parking for one car in the basement. Investment opportunity. Excellent rental potential.
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Property on Map

#A247888A

Currency Exchange

Loulé, Faro, Portugal, 8125-469

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 €395,000 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
€395,000 £327,182 £339,483 £12,300
Property Price € €395,000
Minimum cost in the last six months £327,182
Maximum cost in the last six months £339,483
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,300

Loulé, Faro, Portugal, 8125-469

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 €395,000 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
€395,000 £327,182 £339,483 £12,300
Property Price € €395,000
Minimum cost in the last six months £327,182
Maximum cost in the last six months £339,483
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,300

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 £12,300 more.

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