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Located in the most prestigious urbanization of Moncarapacho, surrounded by a peaceful and family-friendly environment, this magnificent development is located close to the town center, where you can access all amenities such as schools, pharmacy, restaurants, public transport, market, hypermarket,
União das Freguesias de Moncarapacho e Fuseta, Faro, Portugal
REF: 896569
€275,000
Description
Located in the most prestigious urbanization of Moncarapacho, surrounded by a peaceful and family-friendly environment, this magnificent development is located close to the town center, where you can access all amenities such as schools, pharmacy, restaurants, public transport, market, hypermarket, banks, leisure areas and services. This magnificent apartment consists of 2 bedrooms with built-in wardrobes, one of them en suite, a guest bathroom with shower, a modern equipped kitchen with pantry and access to a balcony, a large and bright living/dining room that extends onto a spacious balcony. The apartments have an underground garage shared with the building, where there is a private space for your car and a private closed storage space where you can store various items. One of the highlights of this apartment is its Roof Top with sea views, with its private space that includes a barbecue, kitchen counter with sink, dining area and lounge, so you can enjoy precious moments of socializing with friends and family, taking advantage of the wonderful Algarve climate. Outside the apartment there are large gardens and leisure parks where you can walk, play sports or simply relax. This property is located just 20 minutes from Faro International Airport, via the N125 or motorway, and 4 km from Fuseta beach and other beautiful islands. The development is currently under construction and is expected to be completed in early 2025. Don't miss out on the opportunity to get the home that will provide you with the quality of life you deserve! Contact us today and schedule your visit! Casas do Sotavento is at your disposal to help you throughout the process, from the sale of your current property, if applicable, to the purchase of your new home, even if you need credit.
Located in the most prestigious urbanization of Moncarapacho, surrounded by a peaceful and family-friendly environment, this magnificent development is located close to the town center, where you can access all amenities such as schools, pharmacy, restaurants, public transport, market, hypermarket, banks, leisure areas and services. This magnificent apartment consists of 2 bedrooms with built-in wardrobes, one of them en suite, a guest bathroom with shower, a modern equipped kitchen with pantry and access to a balcony, a large and bright living/dining room that extends onto a spacious balcony. The apartments have an underground garage shared with the building, where there is a private space for your car and a private closed storage space where you can store various items. One of the highlights of this apartment is its Roof Top with sea views, with its private space that includes a barbecue, kitchen counter with sink, dining area and lounge, so you can enjoy precious moments of socializing with friends and family, taking advantage of the wonderful Algarve climate. Outside the apartment there are large gardens and leisure parks where you can walk, play sports or simply relax. This property is located just 20 minutes from Faro International Airport, via the N125 or motorway, and 4 km from Fuseta beach and other beautiful islands. The development is currently under construction and is expected to be completed in early 2025. Don't miss out on the opportunity to get the home that will provide you with the quality of life you deserve! Contact us today and schedule your visit! Casas do Sotavento is at your disposal to help you throughout the process, from the sale of your current property, if applicable, to the purchase of your new home, even if you need credit.
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Currency Exchange
União das Freguesias de Moncarapacho e Fuseta, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £228,767 | £236,671 | £7,904 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £228,767 |
| Maximum cost in the last six months | £236,671 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,904 |
União das Freguesias de Moncarapacho e Fuseta, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £228,767 | £236,671 | £7,904 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £228,767 |
| Maximum cost in the last six months | £236,671 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,904 |
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 £7,904 more.
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