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1 Bedroom apartment penthouse on the 11th floor of the Edificio Alvor Atlntico, located 2 minutes walk from the beach of Alvor
Alvor, Faro, Portugal
REF: 895655
€280,000
Description
1 Bedroom apartment penthouse on the 11th floor of the Edificio Alvor Atlntico, located 2 minutes walk from the beach of Alvor. The comfortable property includes a bedroom with built-in wardrobe, 1 bathroom with bathtub, fully equipped kitchenette and extensive balcony with sea view and view of the Três Irmãos beach. In the common leisure areas you will find the indoor pool, sauna & Turkish bath. Sold furnished. When buying an Apartment on the Algarve with Pestana, you know that you are buying a property on a resort that is maintained, serviced and organized by professionally trained people, who are employed by the largest Tourism Company in Portugal and one of the top 150 Hotel chains in the world. All properties for sale in the Algarve with Pestana properties are built to the highest standard and all are purchased with Golf Rights, resort discounts and the Pestana Guest Card, which allows you discount and privileges across the Pestana Group.
1 Bedroom apartment penthouse on the 11th floor of the Edificio Alvor Atlntico, located 2 minutes walk from the beach of Alvor. The comfortable property includes a bedroom with built-in wardrobe, 1 bathroom with bathtub, fully equipped kitchenette and extensive balcony with sea view and view of the Três Irmãos beach. In the common leisure areas you will find the indoor pool, sauna & Turkish bath. Sold furnished. When buying an Apartment on the Algarve with Pestana, you know that you are buying a property on a resort that is maintained, serviced and organized by professionally trained people, who are employed by the largest Tourism Company in Portugal and one of the top 150 Hotel chains in the world. All properties for sale in the Algarve with Pestana properties are built to the highest standard and all are purchased with Golf Rights, resort discounts and the Pestana Guest Card, which allows you discount and privileges across the Pestana Group.
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Currency Exchange
Alvor, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
Alvor, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
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 £8,719 more.
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