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New development near Ria Formosa in a quaint and historic town! Comprising 30 high-quality apartments, carefully designed to provide unparalleled comfort and quality of life, made possible by the harmonious integration with nature and its surroundings
Olhão, Faro, Portugal
REF: 896186
€580,000
Description
New development near Ria Formosa in a quaint and historic town! Comprising 30 high-quality apartments, carefully designed to provide unparalleled comfort and quality of life, made possible by the harmonious integration with nature and its surroundings. Located approximately 500m from the marina, this development offers a peaceful and relaxed atmosphere, close to the commercial area and surrounded by restaurants where you can savor the unique and wonderful cuisine of Olhão! All apartments feature a garage and access to a swimming pool, gym, and concierge service. With well-proportioned spaces that prioritize natural light, creating cozy environments that invite you to feel at home... Featuring 2 and 3-bedroom options, just 15km from Faro International Airport, 8km from the beach, 500m from the marina, 18km from the golf course, and 9km from the hospital. Experience the true Portuguese lifestyle - reserve yours now! For more information, contact us!
New development near Ria Formosa in a quaint and historic town! Comprising 30 high-quality apartments, carefully designed to provide unparalleled comfort and quality of life, made possible by the harmonious integration with nature and its surroundings. Located approximately 500m from the marina, this development offers a peaceful and relaxed atmosphere, close to the commercial area and surrounded by restaurants where you can savor the unique and wonderful cuisine of Olhão! All apartments feature a garage and access to a swimming pool, gym, and concierge service. With well-proportioned spaces that prioritize natural light, creating cozy environments that invite you to feel at home... Featuring 2 and 3-bedroom options, just 15km from Faro International Airport, 8km from the beach, 500m from the marina, 18km from the golf course, and 9km from the hospital. Experience the true Portuguese lifestyle - reserve yours now! For more information, contact us!
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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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,481 | £18,061 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,061 |
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,481 | £18,061 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,061 |
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 £18,061 more.
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