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3-Bedr
Portimão, Faro, Portugal
REF: 896077
€490,000
Description
3-Bedr. flat with 225.55sqm of gross floor area, 159.30sqm of living space, a 66.25sqm balcony and 2 parking space, in a new residential condominium being built in Portimão - Vale do Lagar. Located in one of the quietest and most accessible areas of Portimão (just 5 minutes from Portimão and 5 minutes from Alvor), the Olivie Condominium will undoubtedly be the ideal place to live. It is expected to be completed in December 2024. Olivie Condominium - The Perfect Place to Live! Features: - Air-conditioning, - Underfloor heating in bathrooms - Electric blinds and shutters, - Fully-equipped kitchen, - Solar System, - Video Intercom - Quality materials and excellent insulation - Outdoor swimming pool - Gym and Jacuzzi - Car park. Private indoor car park, - Video Entrance
3-Bedr. flat with 225.55sqm of gross floor area, 159.30sqm of living space, a 66.25sqm balcony and 2 parking space, in a new residential condominium being built in Portimão - Vale do Lagar. Located in one of the quietest and most accessible areas of Portimão (just 5 minutes from Portimão and 5 minutes from Alvor), the Olivie Condominium will undoubtedly be the ideal place to live. It is expected to be completed in December 2024. Olivie Condominium - The Perfect Place to Live! Features: - Air-conditioning, - Underfloor heating in bathrooms - Electric blinds and shutters, - Fully-equipped kitchen, - Solar System, - Video Intercom - Quality materials and excellent insulation - Outdoor swimming pool - Gym and Jacuzzi - Car park. Private indoor car park, - Video Entrance
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Currency Exchange
Portimão, 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 | £405,872 | £421,331 | £15,460 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,331 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,460 |
Portimão, 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 | £405,872 | £421,331 | £15,460 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,331 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,460 |
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 £15,460 more.
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