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2-Bedroom Apartment with 122sqm, 2 Bathrooms, Equipped Kitchen, 2 Parking Spaces in Condominium with Pool Between Alvor and Portimão, in the area known as Sesmarias, a new and modern development named 'Genuíno Sesmarias Garden' is emerging
Alvor, Faro, Portugal
REF: 896316
€390,000
Description
2-Bedroom Apartment with 122sqm, 2 Bathrooms, Equipped Kitchen, 2 Parking Spaces in Condominium with Pool Between Alvor and Portimão, in the area known as Sesmarias, a new and modern development named 'Genuíno Sesmarias Garden' is emerging. 'Genuíno Sesmarias Garden' is a private condominium offering 2 and 3-bedroom apartments spread over 4 floors, with underground parking and extensive exclusive common areas, including an outdoor pool, garden, and parking spaces. These apartments stand out for their high-quality finishes and modern, sophisticated architecture, featuring clean lines, large windows, and fantastic balconies with transparent protection, allowing an abundance of natural light throughout the apartment. Strategically located near the picturesque village of Alvor and the city of Portimão, the development provides easy access to all daily services, cultural and leisure amenities. Additionally, it is close to various beaches, renowned golf courses, Alvor Aerodrome, which offers regional flights and leisure activities like skydiving, and the Algarve International Racetrack, hosting international and global events. With all these advantages, 'Genuíno Sesmarias Garden' is the ideal choice for both permanent residence and holidays. It is also just 50 minutes from Faro International Airport.
2-Bedroom Apartment with 122sqm, 2 Bathrooms, Equipped Kitchen, 2 Parking Spaces in Condominium with Pool Between Alvor and Portimão, in the area known as Sesmarias, a new and modern development named 'Genuíno Sesmarias Garden' is emerging. 'Genuíno Sesmarias Garden' is a private condominium offering 2 and 3-bedroom apartments spread over 4 floors, with underground parking and extensive exclusive common areas, including an outdoor pool, garden, and parking spaces. These apartments stand out for their high-quality finishes and modern, sophisticated architecture, featuring clean lines, large windows, and fantastic balconies with transparent protection, allowing an abundance of natural light throughout the apartment. Strategically located near the picturesque village of Alvor and the city of Portimão, the development provides easy access to all daily services, cultural and leisure amenities. Additionally, it is close to various beaches, renowned golf courses, Alvor Aerodrome, which offers regional flights and leisure activities like skydiving, and the Algarve International Racetrack, hosting international and global events. With all these advantages, 'Genuíno Sesmarias Garden' is the ideal choice for both permanent residence and holidays. It is also just 50 minutes from Faro International Airport.
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Currency Exchange
Alvor, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
Alvor, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
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 £12,145 more.
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