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This apartment is at the end of the world!*
Vila do Bispo, Faro, Portugal, 8650-365
REF: 892427
€240,000
Description
And it is the only apartment for sale in Sagres with potential for remodeling! Imagine yourself living in Sagres... Sagres smells like nature and quality of life! And it is for those looking for a unique experience, whether to live or spend their holidays. This apartment has 52m , bedrooms with wardrobes, an 8m sunroom and storage area. You can transform it into an excellent one-bedroom apartment, an open space or keep it as it is, as a cozy two-bedroom apartment. It is on the ground floor of a 2-storey building, with 4 apartments in total. The roof has been completely renovated. It is in the center of the village. In a residential area. 180 meters from the market, butcher and fishmonger. 800 meters from Mareta beach. Mareta beach has good accessibility and is the only one that is sheltered from the wind. 1600 meters from Fortaleza do Cabo de São Vicente. *the most southwestern tip of Europe, where Sagres is located, was for centuries considered the end of the world. This property is exclusive, which offers greater security.
And it is the only apartment for sale in Sagres with potential for remodeling! Imagine yourself living in Sagres... Sagres smells like nature and quality of life! And it is for those looking for a unique experience, whether to live or spend their holidays. This apartment has 52m , bedrooms with wardrobes, an 8m sunroom and storage area. You can transform it into an excellent one-bedroom apartment, an open space or keep it as it is, as a cozy two-bedroom apartment. It is on the ground floor of a 2-storey building, with 4 apartments in total. The roof has been completely renovated. It is in the center of the village. In a residential area. 180 meters from the market, butcher and fishmonger. 800 meters from Mareta beach. Mareta beach has good accessibility and is the only one that is sheltered from the wind. 1600 meters from Fortaleza do Cabo de São Vicente. *the most southwestern tip of Europe, where Sagres is located, was for centuries considered the end of the world. This property is exclusive, which offers greater security.
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Currency Exchange
Vila do Bispo, Faro, Portugal, 8650-365
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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,794 | £206,268 | £7,474 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,794 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,474 |
Vila do Bispo, Faro, Portugal, 8650-365
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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,794 | £206,268 | £7,474 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,794 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,474 |
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 £7,474 more.
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