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NEW flat T0+3 in Monte Gordo FACTION I - 3rd FLOOR - Areias II BUILDING Flat on the 3rd line of the beach in Monte Gordo
Monte Gordo, Faro, Portugal
REF: 896445
€350,000
Description
NEW flat T0+3 in Monte Gordo FACTION I - 3rd FLOOR - Areias II BUILDING Flat on the 3rd line of the beach in Monte Gordo. The flat faces SOUTH/NORTH. This new project in Monte Gordo is just a few metres from the beach. Close to the church, municipal market and town centre. Expected to be completed in April 2025. This development offers several features that make it unique: Aluminium frames with thermal break; Electric shutters; Pre-installation for air conditioning; Sanitary installations with suspended toilet, bidet and washbasin; Solar panel for hot water; Kitchen equipped with appliances: ceramic hob, oven, extractor fan, fridge, MLR or MLL. In addition, the building has garages for sale for buyers of the development Don't miss out on the opportunity to live in the beautiful village of Monte Gordo. The images are merely illustrative. Contact us to arrange a visit. Payment terms: 30% on the CPCV 70% in the 90-day deed
NEW flat T0+3 in Monte Gordo FACTION I - 3rd FLOOR - Areias II BUILDING Flat on the 3rd line of the beach in Monte Gordo. The flat faces SOUTH/NORTH. This new project in Monte Gordo is just a few metres from the beach. Close to the church, municipal market and town centre. Expected to be completed in April 2025. This development offers several features that make it unique: Aluminium frames with thermal break; Electric shutters; Pre-installation for air conditioning; Sanitary installations with suspended toilet, bidet and washbasin; Solar panel for hot water; Kitchen equipped with appliances: ceramic hob, oven, extractor fan, fridge, MLR or MLL. In addition, the building has garages for sale for buyers of the development Don't miss out on the opportunity to live in the beautiful village of Monte Gordo. The images are merely illustrative. Contact us to arrange a visit. Payment terms: 30% on the CPCV 70% in the 90-day deed
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Currency Exchange
Monte Gordo, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
Monte Gordo, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
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 £12,443 more.
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