House of 2 floors near the beach of the route manta, the apartment of the ground floor is a T3, consisting of 3 bedrooms, with built-in wardrobes, air conditioning, one of them with suite, has another separate bathroom, open equipped kitchen with living room with fireplace, a hallway with large buil

Vila Nova de Cacela, Faro, Portugal

For Sale

€389,500

REF: 896373 €389,500


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Description

House of 2 floors near the beach of the route manta, the apartment of the ground floor is a T3, consisting of 3 bedrooms, with built-in wardrobes, air conditioning, one of them with suite, has another separate bathroom, open equipped kitchen with living room with fireplace, a hallway with large built-in closet, laundry and in the backyard a shower and barbecue, on the side of the house has the stairs to access the first floor, consisting of a large living room with equipped kitchen and balcony, a bathroom and two bedrooms with air conditioning and built-in wardrobes, one of the bedrooms also has balcony, large backyard with wooden porch, free parking. The two apartments are sold together.
House of 2 floors near the beach of the route manta, the apartment of the ground floor is a T3, consisting of 3 bedrooms, with built-in wardrobes, air conditioning, one of them with suite, has another separate bathroom, open equipped kitchen with living room with fireplace, a hallway with large built-in closet, laundry and in the backyard a shower and barbecue, on the side of the house has the stairs to access the first floor, consisting of a large living room with equipped kitchen and balcony, a bathroom and two bedrooms with air conditioning and built-in wardrobes, one of the bedrooms also has balcony, large backyard with wooden porch, free parking. The two apartments are sold together.
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Currency Exchange

Vila Nova de Cacela, 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 €389,500 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
€389,500 £322,627 £334,756 £12,129
Property Price € €389,500
Minimum cost in the last six months £322,627
Maximum cost in the last six months £334,756
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,129

Vila Nova de Cacela, 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 €389,500 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
€389,500 £322,627 £334,756 £12,129
Property Price € €389,500
Minimum cost in the last six months £322,627
Maximum cost in the last six months £334,756
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,129

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 £12,129 more.

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