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Come and discover this wonderful 1-bedroom apartment with lots of natural light, located in a calm and highly valued residential area
Quarteira, Faro, Portugal
REF: 896384
€270,000
Description
Come and discover this wonderful 1-bedroom apartment with lots of natural light, located in a calm and highly valued residential area. It is ready to be lived in, sold furnished and with a parking space. It has a large balcony for moments of relaxation and conviviality. The apartment has built-in closets, air conditioning and the kitchen is fully equipped, One of the characteristics of this apartment is the effective local accommodation license, which allows for high profitability. It is located in a gated community with 2 swimming pools, tennis court, children's playground and beautiful green areas. in addition to being vigilant; making this a perfect property to accommodate you with comfort and safety. Vilamoura is an area in the Algarve region that offers a fabulous diversity of experiences such as walks along the beautiful sandy beaches with red cliffs, through the pine forest or the large marina, also known for its golf courses and casino. The archaeological museum, Cerro da Vila, has the ruins of a Roman villa with baths and mosaics. The real estate company Casas do Sotavento was founded in 2005 with the aim of being the national real estate agency with its own and reference stores in the eastern Algarve. At Casas do Sotavento we put ourselves in the buyer's shoes and treat them as we would like to be treated with family and safe service.
Come and discover this wonderful 1-bedroom apartment with lots of natural light, located in a calm and highly valued residential area. It is ready to be lived in, sold furnished and with a parking space. It has a large balcony for moments of relaxation and conviviality. The apartment has built-in closets, air conditioning and the kitchen is fully equipped, One of the characteristics of this apartment is the effective local accommodation license, which allows for high profitability. It is located in a gated community with 2 swimming pools, tennis court, children's playground and beautiful green areas. in addition to being vigilant; making this a perfect property to accommodate you with comfort and safety. Vilamoura is an area in the Algarve region that offers a fabulous diversity of experiences such as walks along the beautiful sandy beaches with red cliffs, through the pine forest or the large marina, also known for its golf courses and casino. The archaeological museum, Cerro da Vila, has the ruins of a Roman villa with baths and mosaics. The real estate company Casas do Sotavento was founded in 2005 with the aim of being the national real estate agency with its own and reference stores in the eastern Algarve. At Casas do Sotavento we put ourselves in the buyer's shoes and treat them as we would like to be treated with family and safe service.
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Currency Exchange
Quarteira, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £224,608 | £232,367 | £7,760 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £224,608 |
| Maximum cost in the last six months | £232,367 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,760 |
Quarteira, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £224,608 | £232,367 | £7,760 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £224,608 |
| Maximum cost in the last six months | £232,367 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,760 |
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 £7,760 more.
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