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This sale is a TRANSMISSION OF THE RIGHT TO ½ OF THE PROPERTY WHICH WILL OCCUR BY ALIENATION OF THE HEREDITARY SHARE OF THE INHERITANCE CONSTITUTED BY THE PROPERTY IN QUESTION
Olhão, Faro, Portugal
REF: 871228
€180,000
Description
This sale is a TRANSMISSION OF THE RIGHT TO ½ OF THE PROPERTY WHICH WILL OCCUR BY ALIENATION OF THE HEREDITARY SHARE OF THE INHERITANCE CONSTITUTED BY THE PROPERTY IN QUESTION. This house consists of a living room, five bedrooms, two kitchens, two bathrooms, two balconies and a plot of 1500 m2. Very well located, next to the N125, close to Pingo Doce and all amenities. iad is a network of independent real estate consultants based on a completely innovative model that breaks with the traditional concept of a real estate agency. What does the 21st century customer look for when deciding to buy, rent or sell a property? You are looking for a complete, uncomplicated and competitive service. This is what we propose at iad. Our consultants meet you, having access to the latest industry training and a platform of exclusive tools that allow them to provide the best service wherever you are. We give our consultants the flexibility and autonomy necessary to guarantee you personalized support in completing your project, whether buying, renting or selling a property. At iad you will find a real estate consultant tailored to you. Book your visit now. #ref: 124804
This sale is a TRANSMISSION OF THE RIGHT TO ½ OF THE PROPERTY WHICH WILL OCCUR BY ALIENATION OF THE HEREDITARY SHARE OF THE INHERITANCE CONSTITUTED BY THE PROPERTY IN QUESTION. This house consists of a living room, five bedrooms, two kitchens, two bathrooms, two balconies and a plot of 1500 m2. Very well located, next to the N125, close to Pingo Doce and all amenities. iad is a network of independent real estate consultants based on a completely innovative model that breaks with the traditional concept of a real estate agency. What does the 21st century customer look for when deciding to buy, rent or sell a property? You are looking for a complete, uncomplicated and competitive service. This is what we propose at iad. Our consultants meet you, having access to the latest industry training and a platform of exclusive tools that allow them to provide the best service wherever you are. We give our consultants the flexibility and autonomy necessary to guarantee you personalized support in completing your project, whether buying, renting or selling a property. At iad you will find a real estate consultant tailored to you. Book your visit now. #ref: 124804
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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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £154,701 | £6,399 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £154,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,399 |
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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £154,701 | £6,399 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £154,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,399 |
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 £6,399 more.
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