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Townhouse with 380sqm useful area, 4 bedrooms and 5 bathrooms
Olhão, Faro, Portugal
REF: 895782
€850,000
Description
Townhouse with 380sqm useful area, 4 bedrooms and 5 bathrooms., Central vacuum, Pre-installation for elevator, aluminum dubs windows with electric blinds, air-conditioning, indoor pool in the basement of the house. The real estate House houses of the Sotavento was founded in 2000 with the objective of being the real estate of reference in the Algarve sotavento. We stand out for our commitment to technological development, being present in about 220 national and foreign portals and personal pages. We provide personalized monitoring, we create solutions tailored to each client. We manage more than 2,000 properties of individuals, companies, banking and partnerships. All our professionals ensure strict management of mediation contracts and buying and selling processes. Finally, we advise all our clients, we also use modern and computerized means for business management.
Townhouse with 380sqm useful area, 4 bedrooms and 5 bathrooms., Central vacuum, Pre-installation for elevator, aluminum dubs windows with electric blinds, air-conditioning, indoor pool in the basement of the house. The real estate House houses of the Sotavento was founded in 2000 with the objective of being the real estate of reference in the Algarve sotavento. We stand out for our commitment to technological development, being present in about 220 national and foreign portals and personal pages. We provide personalized monitoring, we create solutions tailored to each client. We manage more than 2,000 properties of individuals, companies, banking and partnerships. All our professionals ensure strict management of mediation contracts and buying and selling processes. Finally, we advise all our clients, we also use modern and computerized means for business management.
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Currency Exchange
Olhão, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
Olhão, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 £30,218 more.
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