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Right in the centre of Portimão, perched on the very top floor of one of the city's oldest buildings, lies a surprisingly cosy oasis of 180 square meters decorated with care and atypical style, ideally located at the heart of city life and all its amenities, while enjoying the privacy and tranquilli
Portimão, Faro, Portugal
REF: 887489
€370,000
Description
Right in the centre of Portimão, perched on the very top floor of one of the city's oldest buildings, lies a surprisingly cosy oasis of 180 square meters decorated with care and atypical style, ideally located at the heart of city life and all its amenities, while enjoying the privacy and tranquillity that are the envy of its height. This spacious 80 square metre flat features a light-filled living/dining room, a fitted kitchen opening onto the dining room, two cosy bedrooms with fitted wardrobes and two bathrooms. The building has a lift. The real treasure of this penthouse is its spacious terrace of around 100 square metres and its exceptional views stretching for miles around. The bohemian-style outdoor space invites you to relax with friends or family in a quiet, private setting. This rare product is waiting for your visit. Contact us today! #ref: 127557
Right in the centre of Portimão, perched on the very top floor of one of the city's oldest buildings, lies a surprisingly cosy oasis of 180 square meters decorated with care and atypical style, ideally located at the heart of city life and all its amenities, while enjoying the privacy and tranquillity that are the envy of its height. This spacious 80 square metre flat features a light-filled living/dining room, a fitted kitchen opening onto the dining room, two cosy bedrooms with fitted wardrobes and two bathrooms. The building has a lift. The real treasure of this penthouse is its spacious terrace of around 100 square metres and its exceptional views stretching for miles around. The bohemian-style outdoor space invites you to relax with friends or family in a quiet, private setting. This rare product is waiting for your visit. Contact us today! #ref: 127557
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Currency Exchange
Portimão, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £306,475 | £317,997 | £11,522 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £306,475 |
| Maximum cost in the last six months | £317,997 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,522 |
Portimão, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £306,475 | £317,997 | £11,522 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £306,475 |
| Maximum cost in the last six months | £317,997 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,522 |
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 £11,522 more.
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