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Semi-Detached Villa, in Boliqueime, close to Vilamoura and Albufeira, inCentral Algarve
Loulé, Faro, Portugal
REF: 893890
€620,000
Description
Semi-Detached Villa, in Boliqueime, close to Vilamoura and Albufeira, inCentral Algarve. High quality 6 bedroom town house with garage, private garden, in gated condominium with common swimming pool. - double insulated brick walls, - double glazed sliding doors and windows, - mosquito nets, - electric shutters, - AC inverters in all rooms, - fireplace - garage with automatic door. Located in a very Safe and Peaceful Condominium made up mainly of year round owners/residents and families. Only 5 mins away from Vilamoura international school - , 15 min to Nobel School Almancil, 18 min drive to Vilamoura Marina and Falesia Beach ! You can enjoy the Vilamoura Life Style without being in the middle of the tourist bustle. _ walking distance to coffee shops, restaurants, Aldi e Lidl supermarkets and a main public school. Great Investment Opportunity, Buy to Let at 7% ROI or buy to live and enjoy the best of the Algarve sun! #ref: 121042
Semi-Detached Villa, in Boliqueime, close to Vilamoura and Albufeira, inCentral Algarve. High quality 6 bedroom town house with garage, private garden, in gated condominium with common swimming pool. - double insulated brick walls, - double glazed sliding doors and windows, - mosquito nets, - electric shutters, - AC inverters in all rooms, - fireplace - garage with automatic door. Located in a very Safe and Peaceful Condominium made up mainly of year round owners/residents and families. Only 5 mins away from Vilamoura international school - , 15 min to Nobel School Almancil, 18 min drive to Vilamoura Marina and Falesia Beach ! You can enjoy the Vilamoura Life Style without being in the middle of the tourist bustle. _ walking distance to coffee shops, restaurants, Aldi e Lidl supermarkets and a main public school. Great Investment Opportunity, Buy to Let at 7% ROI or buy to live and enjoy the best of the Algarve sun! #ref: 121042
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Currency Exchange
Loulé, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £510,818 | £532,859 | £22,041 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £510,818 |
| Maximum cost in the last six months | £532,859 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,041 |
Loulé, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £510,818 | £532,859 | £22,041 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £510,818 |
| Maximum cost in the last six months | £532,859 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,041 |
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 £22,041 more.
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