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T2 located in central area of Quarteira
Loulé, Faro, Portugal, 8125-124
REF: 887250
€395,000
Description
2 bedroom apartment located in the central area of Quarteira.
Comprising entrance hall, bright living and dining room with balcony, equipped kitchen, independent pantry, 2 bedrooms, one of which is a suite and 2 bathrooms. It also has two balconies, one with 5m front/north and the other rear/south with 3m .
This apartment has a fixed-term urban lease contract, ending in March 2025 and with a monthly value of 900.
The value of the condominium is 545 per year and the value of the IMI is 250 also per year.
It is located just a few meters from various types of goods and services, such as supermarkets, pharmacies, restaurant and Quarteira beach.
Don't miss this opportunity and contact us for a visit.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.
2 bedroom apartment located in the central area of Quarteira.
Comprising entrance hall, bright living and dining room with balcony, equipped kitchen, independent pantry, 2 bedrooms, one of which is a suite and 2 bathrooms. It also has two balconies, one with 5m front/north and the other rear/south with 3m .
This apartment has a fixed-term urban lease contract, ending in March 2025 and with a monthly value of 900.
The value of the condominium is 545 per year and the value of the IMI is 250 also per year.
It is located just a few meters from various types of goods and services, such as supermarkets, pharmacies, restaurant and Quarteira beach.
Don't miss this opportunity and contact us for a visit.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8125-124
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £328,502 | £339,945 | £11,443 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £328,502 |
| Maximum cost in the last six months | £339,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,443 |
Loulé, Faro, Portugal, 8125-124
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £328,502 | £339,945 | £11,443 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £328,502 |
| Maximum cost in the last six months | £339,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,443 |
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 £11,443 more.
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