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2 bedrooms semi-detached townhouse duplex, located in the Porto Dona Maria Resort, with fantastic views over the sea (under the Atlantic and the bay of Praia da Luz)
Lagos, Faro, Portugal
REF: 894645
€490,000
Description
2 bedrooms semi-detached townhouse duplex, located in the Porto Dona Maria Resort, with fantastic views over the sea (under the Atlantic and the bay of Praia da Luz). This townhouse is sold furnished, equipped and has access to the resort's swimming pool, with a panoramic view of the sea. Open space with the living room and kitchen, two bedrooms and two bathrooms, one with a bathtub and shower tray. With central heating, fireplace and double glazing, this house offers all the comfort you need. At the resort, you have two swimming pools at your disposal, one of which is salt water, a golf course, games room, café, grocery store. You can cycle or walk along the pedestrian path through the cliff and enjoy a unique and wonderful landscape. The beaches of Luz and Burgau are just a few minutes away. Come and discover and fall in love with this incredible place. Excellent as a holiday home or rental investment. Book your visit now! #ref: 128796
2 bedrooms semi-detached townhouse duplex, located in the Porto Dona Maria Resort, with fantastic views over the sea (under the Atlantic and the bay of Praia da Luz). This townhouse is sold furnished, equipped and has access to the resort's swimming pool, with a panoramic view of the sea. Open space with the living room and kitchen, two bedrooms and two bathrooms, one with a bathtub and shower tray. With central heating, fireplace and double glazing, this house offers all the comfort you need. At the resort, you have two swimming pools at your disposal, one of which is salt water, a golf course, games room, café, grocery store. You can cycle or walk along the pedestrian path through the cliff and enjoy a unique and wonderful landscape. The beaches of Luz and Burgau are just a few minutes away. Come and discover and fall in love with this incredible place. Excellent as a holiday home or rental investment. Book your visit now! #ref: 128796
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Currency Exchange
Lagos, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £403,711 | £421,131 | £17,420 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £403,711 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,420 |
Lagos, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £403,711 | £421,131 | £17,420 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £403,711 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,420 |
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 £17,420 more.
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