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Portugal, Algarve, Silves, Algoz, Tunes Discover this new, contemporary style house, under construction, scheduled for delivery by December 2024
Silves, Faro, Portugal
REF: 879952
€425,000
Description
Portugal, Algarve, Silves, Algoz, Tunes Discover this new, contemporary style house, under construction, scheduled for delivery by December 2024. Perfect house for those looking for comfort and quality of life. This modern house offers a welcoming and functional environment, ideal for families. Located in a quiet area, with easy access to shops, schools and public transport. The 3 bedroom villa is composed of: -In the Rdc, there is an entrance hall with a fantastic ceiling height, a bathroom, a large 55m2 living room with a fully equipped open kitchen, with direct access to a covered terrace and L-shaped garden, which can accommodate a swimming pool or water feature . -On the 1st floor: 1 complete bathroom, 3 bedrooms, all with wardrobes, one of which is en suite with bathroom and covered terrace. Quality finishes and materials, pre-installation of air conditioning, double glazing, large windows that provide natural light and a private garden, to enjoy moments of leisure. For more information or to schedule a visit, contact me! Don't miss the opportunity to purchase your new home! #ref: 121249
Portugal, Algarve, Silves, Algoz, Tunes Discover this new, contemporary style house, under construction, scheduled for delivery by December 2024. Perfect house for those looking for comfort and quality of life. This modern house offers a welcoming and functional environment, ideal for families. Located in a quiet area, with easy access to shops, schools and public transport. The 3 bedroom villa is composed of: -In the Rdc, there is an entrance hall with a fantastic ceiling height, a bathroom, a large 55m2 living room with a fully equipped open kitchen, with direct access to a covered terrace and L-shaped garden, which can accommodate a swimming pool or water feature . -On the 1st floor: 1 complete bathroom, 3 bedrooms, all with wardrobes, one of which is en suite with bathroom and covered terrace. Quality finishes and materials, pre-installation of air conditioning, double glazing, large windows that provide natural light and a private garden, to enjoy moments of leisure. For more information or to schedule a visit, contact me! Don't miss the opportunity to purchase your new home! #ref: 121249
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Currency Exchange
Silves, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £356,618 | £366,588 | £9,971 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £356,618 |
| Maximum cost in the last six months | £366,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,971 |
Silves, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £356,618 | £366,588 | £9,971 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £356,618 |
| Maximum cost in the last six months | £366,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,971 |
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 £9,971 more.
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