At your disposal, this magnificent 3-bedroom flat with a gross floor area of 124 m2, extremely well maintained, with lots of natural light, situated in a very quiet and safe residential area as Quinta João de Ourém

Olhão, Faro, Portugal

For Sale

€312,000

REF: 890077 €312,000


3

2

105 m2

372 m2

Description

At your disposal, this magnificent 3-bedroom flat with a gross floor area of 124 m2, extremely well maintained, with lots of natural light, situated in a very quiet and safe residential area as Quinta João de Ourém. The property comprises an entrance hall equipped with a video intercom and a high security door.

The kitchen is fully equipped, has a natural gas hob, a laundry area, plenty of storage units in an elegant colour, large double-glazed windows with thermal break, which let in plenty of natural light, and electric shutters. The living/dining room is very spacious, equipped with air-conditioning, electric shutters and large double-glazed windows with thermal break, giving access to a large balcony where you can gaze out over the Ria Formosa and the beautiful sunset.

All the bedrooms, one of which is en suite, are equipped with huge wardrobes, electric shutters, pre-installation for air conditioning and balconies. In the guest bathroom, the bathtub has been removed and replaced with a functional shower tray with a glass screen. There is always a guaranteed parking space in the basement, which is equipped with a socket for an electric vehicle.

Condominium fee: 50€/month IMI: 320€/year In this modern flat you can accommodate your family, providing all the comfort, peace and well-being they deserve. Don't miss out on this opportunity to have a modern home and book a viewing today. Created in France in 2008 and in Portugal in 2015, iad is the result of an innovative model that extends the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client.

The success of the iad group is reflected in the thousands of consultants, properties online and deals completed. IAD Portugal is a network of independent property consultants, based on a fully innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service.

That's what we offer at IAD. Our consultants are there for you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. We give our consultants the flexibility and autonomy needed to guarantee you personalised support in completing your project, whether it's buying, renting or selling a property. At IAD you'll find a property consultant tailored to your needs. #ref: 127944
At your disposal, this magnificent 3-bedroom flat with a gross floor area of 124 m2, extremely well maintained, with lots of natural light, situated in a very quiet and safe residential area as Quinta João de Ourém. The property comprises an entrance hall equipped with a video intercom and a high security door.

The kitchen is fully equipped, has a natural gas hob, a laundry area, plenty of storage units in an elegant colour, large double-glazed windows with thermal break, which let in plenty of natural light, and electric shutters. The living/dining room is very spacious, equipped with air-conditioning, electric shutters and large double-glazed windows with thermal break, giving access to a large balcony where you can gaze out over the Ria Formosa and the beautiful sunset.

All the bedrooms, one of which is en suite, are equipped with huge wardrobes, electric shutters, pre-installation for air conditioning and balconies. In the guest bathroom, the bathtub has been removed and replaced with a functional shower tray with a glass screen. There is always a guaranteed parking space in the basement, which is equipped with a socket for an electric vehicle.

Condominium fee: 50€/month IMI: 320€/year In this modern flat you can accommodate your family, providing all the comfort, peace and well-being they deserve. Don't miss out on this opportunity to have a modern home and book a viewing today. Created in France in 2008 and in Portugal in 2015, iad is the result of an innovative model that extends the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client.

The success of the iad group is reflected in the thousands of consultants, properties online and deals completed. IAD Portugal is a network of independent property consultants, based on a fully innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service.

That's what we offer at IAD. Our consultants are there for you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. We give our consultants the flexibility and autonomy needed to guarantee you personalised support in completing your project, whether it's buying, renting or selling a property. At IAD you'll find a property consultant tailored to your needs. #ref: 127944
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Property on Map

#127944

Currency Exchange

Olhão, 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 €312,000 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
€312,000 £258,433 £268,148 £9,716
Property Price € €312,000
Minimum cost in the last six months £258,433
Maximum cost in the last six months £268,148
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,716

Olhão, 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 €312,000 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
€312,000 £258,433 £268,148 £9,716
Property Price € €312,000
Minimum cost in the last six months £258,433
Maximum cost in the last six months £268,148
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,716

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 £9,716 more.

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