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We present this charming T1+1 apartment, located on Rua Poeta Ary dos Santos in Quarteira
Loulé, Faro, Portugal
REF: 881433
€195,000
Description
We present this charming T1+1 apartment, located on Rua Poeta Ary dos Santos in Quarteira. With an intelligent use of space, the enclosed balcony has been skillfully closed off, adding an additional 12 m² of living area. It also features a second bedroom, increasing the comfort and versatility of this property. The bathroom has been semi-renovated, with the bathtub replaced by a walk-in shower. The apartment is located on the first floor of a four-story building. This edifice was built in 1995 and is in excellent condition. It also has an elevator and a parking space. The elevator goes from the apartment to the parking space in the basement. The apartment has a functional layout, making it ideal for both personal residence and investment, as it combines the tranquility of a residential area with the proximity to all necessary amenities—supermarkets, shops, schools—and is less than a 5-minute walk from the beach. You can thus enjoy all the advantages of living near the sea. The transformation from a T1 to a T2 makes this apartment a more attractive option for small families or those in need of an extra bedroom. It also includes a parking space, a significant advantage in the area, providing both security and convenience. Rua Poeta Ary dos Santos is known for its peaceful atmosphere, making it ideal for those seeking quality of life in a central location. This apartment is a unique opportunity for anyone looking for a functional, well-located property that’s ready to move into. Don’t miss the chance to schedule a visit and see this excellent apartment in Quarteira up close. Sold furnished. For more information or to schedule a visit, please contact us. #ref: 126161
We present this charming T1+1 apartment, located on Rua Poeta Ary dos Santos in Quarteira. With an intelligent use of space, the enclosed balcony has been skillfully closed off, adding an additional 12 m² of living area. It also features a second bedroom, increasing the comfort and versatility of this property. The bathroom has been semi-renovated, with the bathtub replaced by a walk-in shower. The apartment is located on the first floor of a four-story building. This edifice was built in 1995 and is in excellent condition. It also has an elevator and a parking space. The elevator goes from the apartment to the parking space in the basement. The apartment has a functional layout, making it ideal for both personal residence and investment, as it combines the tranquility of a residential area with the proximity to all necessary amenities—supermarkets, shops, schools—and is less than a 5-minute walk from the beach. You can thus enjoy all the advantages of living near the sea. The transformation from a T1 to a T2 makes this apartment a more attractive option for small families or those in need of an extra bedroom. It also includes a parking space, a significant advantage in the area, providing both security and convenience. Rua Poeta Ary dos Santos is known for its peaceful atmosphere, making it ideal for those seeking quality of life in a central location. This apartment is a unique opportunity for anyone looking for a functional, well-located property that’s ready to move into. Don’t miss the chance to schedule a visit and see this excellent apartment in Quarteira up close. Sold furnished. For more information or to schedule a visit, please contact us. #ref: 126161
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Currency Exchange
Loulé, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £163,667 | £168,199 | £4,532 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £163,667 |
| Maximum cost in the last six months | £168,199 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,532 |
Loulé, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £163,667 | £168,199 | £4,532 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £163,667 |
| Maximum cost in the last six months | £168,199 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,532 |
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 £4,532 more.
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