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DROP THE PRICE FROM €270
Albufeira, Faro, Portugal
REF: 887952
€270,000
Description
DROP THE PRICE FROM €270.000 - Excellent Opportunity Excellent Opportunity Come and discover this charming 1+1 bedroom flat, located 5 minutes' walk from the beaches of Santa Eulalia and Oura. Situated in a central area, this property offers the perfect combination of modern home comfort and proximity to the city's main tourist attractions. This recently renovated ground floor flat is part of a quiet, private condominium with a garden, swimming pool and car park. The composition is as follows: - Two generously sized bedrooms, one with a built-in wardrobe and a balcony. - A fully equipped kitchen. - Spacious living room with balcony, which gives access to a quiet garden and pool area, where you can enjoy the sun until dusk. - Spacious bathroom Conveniently located close to a wide range of shops, including the post office, banks, supermarkets, shops, bars, restaurants, hairdressing salons, etc. This is an excellent business opportunity due to its central location, whether for living in or renting out, where rentals are highly sought after and cost-effective. At IAD we can share business with any real estate agent, and we have a virtual showcase concept for our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you would like to arrange a visit, either in person or virtually. #ref: 127501
DROP THE PRICE FROM €270.000 - Excellent Opportunity Excellent Opportunity Come and discover this charming 1+1 bedroom flat, located 5 minutes' walk from the beaches of Santa Eulalia and Oura. Situated in a central area, this property offers the perfect combination of modern home comfort and proximity to the city's main tourist attractions. This recently renovated ground floor flat is part of a quiet, private condominium with a garden, swimming pool and car park. The composition is as follows: - Two generously sized bedrooms, one with a built-in wardrobe and a balcony. - A fully equipped kitchen. - Spacious living room with balcony, which gives access to a quiet garden and pool area, where you can enjoy the sun until dusk. - Spacious bathroom Conveniently located close to a wide range of shops, including the post office, banks, supermarkets, shops, bars, restaurants, hairdressing salons, etc. This is an excellent business opportunity due to its central location, whether for living in or renting out, where rentals are highly sought after and cost-effective. At IAD we can share business with any real estate agent, and we have a virtual showcase concept for our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you would like to arrange a visit, either in person or virtually. #ref: 127501
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Currency Exchange
Albufeira, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,453 | £232,052 | £9,599 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,453 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,599 |
Albufeira, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,453 | £232,052 | £9,599 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,453 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,599 |
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 £9,599 more.
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