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We present an excellent opportunity to acquire a 2-bedroom house located in a quiet and peaceful area, just a few minutes from the city of Faro
Faro, Faro, Portugal
REF: 871223
€280,000
Description
We present an excellent opportunity to acquire a 2-bedroom house located in a quiet and peaceful area, just a few minutes from the city of Faro. This house, with functional architecture and quality finishes, offers all the conditions for a comfortable and pleasant life. Property Description: On the ground floor, there is a fully equipped kitchen and a spacious living room, where natural light is abundant, thanks to the property's excellent solar exposure. On this floor, there is also a guest WC and a private outdoor space. On the first floor, the house features two bedrooms, one of which includes a large built-in wardrobe. Additionally, there is an extra wardrobe in the hallway, offering even more storage space. The modern and functional main bathroom serves both bedrooms. One of the highlights of this floor is the balcony with a sea view. Other Features: Double-glazed windows throughout, providing excellent thermal and acoustic insulation, ensuring maximum comfort in all seasons. Privileged solar exposure to the east, south, and west, offering fantastic natural light throughout the day. Ideal location, combining proximity to the city with the tranquility of a quiet residential area, where you can enjoy a superior quality of life. Whether for your own residence or as an investment, this is an opportunity you won't want to miss. Contact us today for more information or to schedule your visit. #ref: 125231
We present an excellent opportunity to acquire a 2-bedroom house located in a quiet and peaceful area, just a few minutes from the city of Faro. This house, with functional architecture and quality finishes, offers all the conditions for a comfortable and pleasant life. Property Description: On the ground floor, there is a fully equipped kitchen and a spacious living room, where natural light is abundant, thanks to the property's excellent solar exposure. On this floor, there is also a guest WC and a private outdoor space. On the first floor, the house features two bedrooms, one of which includes a large built-in wardrobe. Additionally, there is an extra wardrobe in the hallway, offering even more storage space. The modern and functional main bathroom serves both bedrooms. One of the highlights of this floor is the balcony with a sea view. Other Features: Double-glazed windows throughout, providing excellent thermal and acoustic insulation, ensuring maximum comfort in all seasons. Privileged solar exposure to the east, south, and west, offering fantastic natural light throughout the day. Ideal location, combining proximity to the city with the tranquility of a quiet residential area, where you can enjoy a superior quality of life. Whether for your own residence or as an investment, this is an opportunity you won't want to miss. Contact us today for more information or to schedule your visit. #ref: 125231
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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 €280,000 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 |
|---|---|---|---|
| €280,000 | £234,948 | £241,517 | £6,569 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £234,948 |
| Maximum cost in the last six months | £241,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,569 |
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 €280,000 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 |
|---|---|---|---|
| €280,000 | £234,948 | £241,517 | £6,569 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £234,948 |
| Maximum cost in the last six months | £241,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,569 |
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 £6,569 more.
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