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Cozy 2-bedroom apartment, on the second and top floor, in good condition
Santa Luzia, Faro, Portugal
REF: 896544
€320,000
Description
Cozy 2-bedroom apartment, on the second and top floor, in good condition. Comprising entrance hall, equipped kitchen, two bedrooms, one of which has a wardrobe and access to a balcony, a bathroom with bathtub, living/dining room and a spectacular terrace with barbecue, with an area of 74.40sqm where you can enjoy delicious meals and delicious drinks. On the ground floor there is a garage with a laundry area and a patio that is an integral part of the apartment. Located in a building without a lift, it is less than 5 minutes' walk from the pier for Praia da Terra Estreita. This pleasant apartment is furnished and is close to all the amenities in the village. A great opportunity to buy for profit or live all year round. About the village of Santa Luzia This fishing village also thrives on tourism, with accommodation, restaurants and quality beaches. Known as the 'capital of the octopus', Santa Luzia offers all its visitors true moments of harmony and well-being. Enjoy the life of this village and the fishing arts that coexist in an environment of harmony with tourism and the hospitality of the people of Santa Luzia. Casas do Sotavento is a family business, recognized in Portugal and abroad by customers, employees and investors for the quality of our actions and our projects. Our mission is to provide an easy and peaceful experience. Our concern is to treat everyone as we would like to be treated.
Cozy 2-bedroom apartment, on the second and top floor, in good condition. Comprising entrance hall, equipped kitchen, two bedrooms, one of which has a wardrobe and access to a balcony, a bathroom with bathtub, living/dining room and a spectacular terrace with barbecue, with an area of 74.40sqm where you can enjoy delicious meals and delicious drinks. On the ground floor there is a garage with a laundry area and a patio that is an integral part of the apartment. Located in a building without a lift, it is less than 5 minutes' walk from the pier for Praia da Terra Estreita. This pleasant apartment is furnished and is close to all the amenities in the village. A great opportunity to buy for profit or live all year round. About the village of Santa Luzia This fishing village also thrives on tourism, with accommodation, restaurants and quality beaches. Known as the 'capital of the octopus', Santa Luzia offers all its visitors true moments of harmony and well-being. Enjoy the life of this village and the fishing arts that coexist in an environment of harmony with tourism and the hospitality of the people of Santa Luzia. Casas do Sotavento is a family business, recognized in Portugal and abroad by customers, employees and investors for the quality of our actions and our projects. Our mission is to provide an easy and peaceful experience. Our concern is to treat everyone as we would like to be treated.
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Currency Exchange
Santa Luzia, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
Santa Luzia, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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