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1 bedroom apartment with 75 m2, located in Alvor, Algarve, Portugal
Portimão, Faro, Portugal, 8500-053
REF: 894347
€180,000
Description
1 bedroom apartment, fully equipped and furnished, for sale in the Quinta Nova area of Alvor. This apartment, located in an RC of a condominium, offers a comfortable living room with dining area, a fully equipped kitchen, a spacious bedroom with built-in wardrobe and a modern bathroom and a pantry. Given the generous area of the living and dining room, there is the possibility of adding another bedroom. Located in a quiet area, the apartment benefits from proximity to all essential services, such as supermarkets, restaurants and public transport. The beach and center of Alvor are just a short drive away, providing the perfect balance between convenience and leisure. With a private patio area, where it is possible to enjoy moments of relaxation, this apartment is ideal for private housing or as an investment for tourist rental. Sold equipped and furnished. Condominium Value - 41.00 (Monthly) IMI - 242.00 (Year) Come and see this fantastic apartment and discover your next home in the prestigious area of Alvor.
1 bedroom apartment, fully equipped and furnished, for sale in the Quinta Nova area of Alvor. This apartment, located in an RC of a condominium, offers a comfortable living room with dining area, a fully equipped kitchen, a spacious bedroom with built-in wardrobe and a modern bathroom and a pantry. Given the generous area of the living and dining room, there is the possibility of adding another bedroom. Located in a quiet area, the apartment benefits from proximity to all essential services, such as supermarkets, restaurants and public transport. The beach and center of Alvor are just a short drive away, providing the perfect balance between convenience and leisure. With a private patio area, where it is possible to enjoy moments of relaxation, this apartment is ideal for private housing or as an investment for tourist rental. Sold equipped and furnished. Condominium Value - 41.00 (Monthly) IMI - 242.00 (Year) Come and see this fantastic apartment and discover your next home in the prestigious area of Alvor.
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Currency Exchange
Portimão, Faro, Portugal, 8500-053
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 €180,000 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 |
|---|---|---|---|
| €180,000 | £149,096 | £154,701 | £5,605 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £149,096 |
| Maximum cost in the last six months | £154,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,605 |
Portimão, Faro, Portugal, 8500-053
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 €180,000 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 |
|---|---|---|---|
| €180,000 | £149,096 | £154,701 | £5,605 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £149,096 |
| Maximum cost in the last six months | £154,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,605 |
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 £5,605 more.
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