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1+1 Apartment, on the ground floor of a building with garage and swimming pool, 2 minutes from the marginal of Cabanas This apartment consists of: - entrance hall - open-space kitchen and living room with 30sqm
Cabanas de Tavira, Faro, Portugal
REF: 895886
€385,000
Description
1+1 Apartment, on the ground floor of a building with garage and swimming pool, 2 minutes from the marginal of Cabanas This apartment consists of: - entrance hall - open-space kitchen and living room with 30sqm; - bedroom with built-in wardrobe, en-suite, the toilet with bathtub - living room or bedroom; - bathroom with bathtub; - balcony with 14.33sqm - parking space in the basement; The kitchen is equipped with TEKA appliances (induction plate, microwave, combined refrigerator, hood, dishwasher and laundry) and also has: double glazing and electric thermal blinds; pre-installation of air conditioning; and solar panel for water heating. The building is equipped with elevator, Common Pool, Common Patio and Garage. This resort is located in Cabanas de Tavira, within walking distance of cabanas marginal where you will find various facilities and services such as restaurants, cafes and pastries. It is a short distance from the loading dock to the beach of cabanas, and a 10-minute drive from other beaches such as Cacela Velha beach, Manta Rota, Altura, Praia Verde and Monte Gordo. Ria & Cima Golf Courses and Benamor are 5 minutes away. Easy access to the A22 and about 40 minutes from Faro International Airport. Expected Completion: December 2022 Casas do Sotavento is a family business, recognized at home and abroad, by customers, employees, investors, for the quality of our actions and our project. Our mission is to provide an easy and peaceful experience. Our concern, to treat everyone as we would like to be treated.
1+1 Apartment, on the ground floor of a building with garage and swimming pool, 2 minutes from the marginal of Cabanas This apartment consists of: - entrance hall - open-space kitchen and living room with 30sqm; - bedroom with built-in wardrobe, en-suite, the toilet with bathtub - living room or bedroom; - bathroom with bathtub; - balcony with 14.33sqm - parking space in the basement; The kitchen is equipped with TEKA appliances (induction plate, microwave, combined refrigerator, hood, dishwasher and laundry) and also has: double glazing and electric thermal blinds; pre-installation of air conditioning; and solar panel for water heating. The building is equipped with elevator, Common Pool, Common Patio and Garage. This resort is located in Cabanas de Tavira, within walking distance of cabanas marginal where you will find various facilities and services such as restaurants, cafes and pastries. It is a short distance from the loading dock to the beach of cabanas, and a 10-minute drive from other beaches such as Cacela Velha beach, Manta Rota, Altura, Praia Verde and Monte Gordo. Ria & Cima Golf Courses and Benamor are 5 minutes away. Easy access to the A22 and about 40 minutes from Faro International Airport. Expected Completion: December 2022 Casas do Sotavento is a family business, recognized at home and abroad, by customers, employees, investors, for the quality of our actions and our project. Our mission is to provide an easy and peaceful experience. Our concern, to treat everyone as we would like to be treated.
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Currency Exchange
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 €385,000 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 |
|---|---|---|---|
| €385,000 | £320,185 | £331,339 | £11,153 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £320,185 |
| Maximum cost in the last six months | £331,339 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,153 |
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 €385,000 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 |
|---|---|---|---|
| €385,000 | £320,185 | £331,339 | £11,153 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £320,185 |
| Maximum cost in the last six months | £331,339 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,153 |
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 £11,153 more.
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