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Two bed apartment near Falesia Beach and the Marina in Vilamoura
Loulé, Faro, Portugal, 8125-470
REF: 881902
€459,000
Description
Two bed apartment in a quiet and residential new upcoming area just 10 minutes walk from the marina. Complex with communal pool. Lovely renovated two-bedroom apartment located in a quiet and residential new upcoming area in Vilamoura, just a 10-minute walk to the beach and marina.
The apartment is part of a small complex with only 9 apartments divided between 3 floors and a communal swimming pool.
With 121 sq.m. of the built area this apartment consists of a lovely bright living and dining room with air conditioning, one fully equipped kitchen, two bedrooms both leading out to a terrace, plus two complete bathrooms.
It also has a large wrap-around south-facing balcony.
Furthermore, it has one storage and a private parking space for one car in the basement.
An excellent investment opportunity.
Great rental potential.
Two bed apartment in a quiet and residential new upcoming area just 10 minutes walk from the marina. Complex with communal pool. Lovely renovated two-bedroom apartment located in a quiet and residential new upcoming area in Vilamoura, just a 10-minute walk to the beach and marina.
The apartment is part of a small complex with only 9 apartments divided between 3 floors and a communal swimming pool.
With 121 sq.m. of the built area this apartment consists of a lovely bright living and dining room with air conditioning, one fully equipped kitchen, two bedrooms both leading out to a terrace, plus two complete bathrooms.
It also has a large wrap-around south-facing balcony.
Furthermore, it has one storage and a private parking space for one car in the basement.
An excellent investment opportunity.
Great rental potential.
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Currency Exchange
Loulé, Faro, Portugal, 8125-470
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 €459,000 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 |
|---|---|---|---|
| €459,000 | £378,170 | £394,488 | £16,317 |
| Property Price € | €459,000 |
| Minimum cost in the last six months | £378,170 |
| Maximum cost in the last six months | £394,488 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,317 |
Loulé, Faro, Portugal, 8125-470
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 €459,000 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 |
|---|---|---|---|
| €459,000 | £378,170 | £394,488 | £16,317 |
| Property Price € | €459,000 |
| Minimum cost in the last six months | £378,170 |
| Maximum cost in the last six months | £394,488 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,317 |
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 £16,317 more.
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