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2 bedroom apartment with 116sqm, 8
União das Freguesias de Conceição e Cabanas de Tavira, Faro, Portugal
REF: 896401
€367,863
Description
2 bedroom apartment with 116sqm, 8.2sqm balconies and 19.5sqm terrace, on the first floor, located in the new Varandas de Cabanas development under construction in Conceição/Cabanas de Tavira. With north-east solar orientation. Consisting of 24 apartments of types T1, T2 and T3. All apartments have a minimum of 100sqm useful plus spacious balconies for dining or leisure areas. On the top floor of the building are located the Penthouses, with large terraces and views sea. Excellent quality finishes and equipment, great areas, terraces, balconies. This is the construction of the first phase of a total of 47 apartments, with a garden and communal swimming pool. All apartments have a storage room in the basement, some of the fractions also have a garage. Quiet area with easy access. It is located approximately 1.5 km from the Cabanas waterfront and Praia, 6 km from Tavira, several golf courses nearby and 23 km from the border with Spain. Faro international airport is 40 minutes away.
2 bedroom apartment with 116sqm, 8.2sqm balconies and 19.5sqm terrace, on the first floor, located in the new Varandas de Cabanas development under construction in Conceição/Cabanas de Tavira. With north-east solar orientation. Consisting of 24 apartments of types T1, T2 and T3. All apartments have a minimum of 100sqm useful plus spacious balconies for dining or leisure areas. On the top floor of the building are located the Penthouses, with large terraces and views sea. Excellent quality finishes and equipment, great areas, terraces, balconies. This is the construction of the first phase of a total of 47 apartments, with a garden and communal swimming pool. All apartments have a storage room in the basement, some of the fractions also have a garage. Quiet area with easy access. It is located approximately 1.5 km from the Cabanas waterfront and Praia, 6 km from Tavira, several golf courses nearby and 23 km from the border with Spain. Faro international airport is 40 minutes away.
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Currency Exchange
União das Freguesias de Conceição e Cabanas de Tavira, 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 €367,863 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 |
|---|---|---|---|
| €367,863 | £304,705 | £316,160 | £11,455 |
| Property Price € | €367,863 |
| Minimum cost in the last six months | £304,705 |
| Maximum cost in the last six months | £316,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,455 |
União das Freguesias de Conceição e Cabanas de Tavira, 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 €367,863 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 |
|---|---|---|---|
| €367,863 | £304,705 | £316,160 | £11,455 |
| Property Price € | €367,863 |
| Minimum cost in the last six months | £304,705 |
| Maximum cost in the last six months | £316,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,455 |
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 £11,455 more.
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