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Magnificent 180° unobstructed views from the terrace of this beautiful, bright and spacious T3 flat located in Encosta da Marina, just a few minutes' walk from the famous Praia da Rocha, with its shops and numerous daytime and night-time activities
Portimão, Faro, Portugal
REF: 889183
€435,000
Description
Magnificent 180° unobstructed views from the terrace of this beautiful, bright and spacious T3 flat located in Encosta da Marina, just a few minutes' walk from the famous Praia da Rocha, with its shops and numerous daytime and night-time activities. Its 5 windows all face the Zona Ribeirinha, with views over the Marina - visited from time to time by sumptuous cruise ships - to the village of Ferragudo and the Monchique mountains in the distance. Its total surface area of 164m2 provides comfort and space thanks to its 3 bedrooms - one of which is en-suite - all with large built-in wardrobes, its 2 bathrooms, one of which has a bath, its renovated and functional kitchen and a large storeroom. All doors leading to the hallway are sliding to save space and make it even more practical. This flat also offers a private cellar and 2 parking spaces ideally located in the residence's closed car park. The building has a lift. This flat awaits your visit. Contact us today! #ref: 127847
Magnificent 180° unobstructed views from the terrace of this beautiful, bright and spacious T3 flat located in Encosta da Marina, just a few minutes' walk from the famous Praia da Rocha, with its shops and numerous daytime and night-time activities. Its 5 windows all face the Zona Ribeirinha, with views over the Marina - visited from time to time by sumptuous cruise ships - to the village of Ferragudo and the Monchique mountains in the distance. Its total surface area of 164m2 provides comfort and space thanks to its 3 bedrooms - one of which is en-suite - all with large built-in wardrobes, its 2 bathrooms, one of which has a bath, its renovated and functional kitchen and a large storeroom. All doors leading to the hallway are sliding to save space and make it even more practical. This flat also offers a private cellar and 2 parking spaces ideally located in the residence's closed car park. The building has a lift. This flat awaits your visit. Contact us today! #ref: 127847
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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 €435,000 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 |
|---|---|---|---|
| €435,000 | £360,315 | £373,861 | £13,546 |
| Property Price € | €435,000 |
| Minimum cost in the last six months | £360,315 |
| Maximum cost in the last six months | £373,861 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,546 |
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 €435,000 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 |
|---|---|---|---|
| €435,000 | £360,315 | £373,861 | £13,546 |
| Property Price € | €435,000 |
| Minimum cost in the last six months | £360,315 |
| Maximum cost in the last six months | £373,861 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,546 |
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 £13,546 more.
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