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Excellent studio apartment in the Golden Club holiday village in the heart of the Ria Formosa in Cabanas de Tavira
União das Freguesias de Conceição e Cabanas de Tavira, Faro, Portugal
REF: 895759
€140,000
Description
Excellent studio apartment in the Golden Club holiday village in the heart of the Ria Formosa in Cabanas de Tavira. Flat with bathroom with bathtub, living room/kitchenette, bedroom with access to terrace, with space for table and chairs and where you can enjoy the sun and good Algarve weather. It is equipped with a thermo accumulator, air conditioning, a fully furnished and equipped kitchenette. This well-known and prestigious holiday resort has outdoor swimming pools, a heated indoor pool, tennis courts and other facilities, and also includes boat access to the island of Cabanas, for an extra condominium fee and jewellery. This flat is an excellent and highly profitable investment and is currently under an operating contract with the development. Whoever buys it may wish to keep it and renegotiate the conditions. Or if you don't want to continue and use the flat freely, you'll have to wait until September 2025. Don't miss out on this opportunity and book your visit now!
Excellent studio apartment in the Golden Club holiday village in the heart of the Ria Formosa in Cabanas de Tavira. Flat with bathroom with bathtub, living room/kitchenette, bedroom with access to terrace, with space for table and chairs and where you can enjoy the sun and good Algarve weather. It is equipped with a thermo accumulator, air conditioning, a fully furnished and equipped kitchenette. This well-known and prestigious holiday resort has outdoor swimming pools, a heated indoor pool, tennis courts and other facilities, and also includes boat access to the island of Cabanas, for an extra condominium fee and jewellery. This flat is an excellent and highly profitable investment and is currently under an operating contract with the development. Whoever buys it may wish to keep it and renegotiate the conditions. Or if you don't want to continue and use the flat freely, you'll have to wait until September 2025. Don't miss out on this opportunity and book your visit now!
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Currency Exchange
União das Freguesias de Conceição e Cabanas de Tavira, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
União das Freguesias de Conceição e Cabanas de Tavira, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
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 £4,360 more.
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