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Charming 2-bedroom apartment with 89 sqm in a Pombaline building of great historical value
Vila Real de Santo António, Faro, Portugal
REF: 896497
€550,000
Description
Charming 2-bedroom apartment with 89 sqm in a Pombaline building of great historical value. This cozy apartment features 2 bedrooms, 2 bathrooms, built-in closets, air conditioning, and a pleasant terrace. Located on the 1st floor of a building without an elevator, on the emblematic Avenida da República, facing the Marina. Facade and classic elements carefully restored. Payment terms: Reservation EUR20,000, Promissory Contract 20%, reinforcement in 6 months 30%, and 50% at the deed. Schedule your visit now and be enchanted! Vila Real de Santo António, located in the southeast corner of Portugal, is a historic and picturesque city with a rich cultural heritage and a privileged location on the banks of the Guadiana River, which serves as a natural border with Spain. Overall, Vila Real de Santo António is a charming city that combines history, natural beauty, and hospitality, providing a unique experience to its visitors. Casas do Sotavento is a prestigious family-owned company, recognized both in Portugal and abroad for the high standard of quality of its products and projects. Our mission is to provide an easy and smooth experience for our customers, employees, and investors. Our commitment is to treat everyone with the same respect and attention that we would like to receive. This is reflected in every stage of the purchasing process, from choosing the property to the final delivery. Additionally, we strive to maintain a high level of transparency and honesty in all our interactions. If you are looking for a reliable and experienced company to help you find the property of your dreams, Casas do Sotavento is the right choice. Contact us today to learn more about our products and services.
Charming 2-bedroom apartment with 89 sqm in a Pombaline building of great historical value. This cozy apartment features 2 bedrooms, 2 bathrooms, built-in closets, air conditioning, and a pleasant terrace. Located on the 1st floor of a building without an elevator, on the emblematic Avenida da República, facing the Marina. Facade and classic elements carefully restored. Payment terms: Reservation EUR20,000, Promissory Contract 20%, reinforcement in 6 months 30%, and 50% at the deed. Schedule your visit now and be enchanted! Vila Real de Santo António, located in the southeast corner of Portugal, is a historic and picturesque city with a rich cultural heritage and a privileged location on the banks of the Guadiana River, which serves as a natural border with Spain. Overall, Vila Real de Santo António is a charming city that combines history, natural beauty, and hospitality, providing a unique experience to its visitors. Casas do Sotavento is a prestigious family-owned company, recognized both in Portugal and abroad for the high standard of quality of its products and projects. Our mission is to provide an easy and smooth experience for our customers, employees, and investors. Our commitment is to treat everyone with the same respect and attention that we would like to receive. This is reflected in every stage of the purchasing process, from choosing the property to the final delivery. Additionally, we strive to maintain a high level of transparency and honesty in all our interactions. If you are looking for a reliable and experienced company to help you find the property of your dreams, Casas do Sotavento is the right choice. Contact us today to learn more about our products and services.
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Currency Exchange
Vila Real de Santo António, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,923 | £17,353 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,923 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,353 |
Vila Real de Santo António, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,923 | £17,353 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,923 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,353 |
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 £17,353 more.
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