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Completely renovated apartment, strategically located near the university
União das Freguesias de Faro (Sé e São Pedro), Faro, Portugal
REF: 896598
€275,000
Description
Completely renovated apartment, strategically located near the university. With 3 bedrooms, one bathroom, one guest toilet, and a generous 70sqm area, plus two balconies. Upon entering this cozy 1st-floor apartment, brightness and a sense of freshness immediately welcome you. The equipped kitchen offers a functional space to prepare delicious meals, and the well-thought-out layout ensures that every inch is maximized. One of the most notable features of this property is its versatility. The original living room has been masterfully divided, creating a third bedroom that adapts perfectly to your needs. Transform it into an inspiring office, a guest bedroom, or even a space for your favorite hobbies. Located in Penha, very close to the University of Algarve, the apartment has all the everyday amenities within a short distance. The complete renovation includes electrical and plumbing updates, ensuring your peace of mind regarding the functioning of the house. Attention to detail and the use of quality materials are evident in every corner of this space. Established in Portugal for over 20 years, Casas do Sotavento is a prestigious family-owned company known for the high standard of quality in its products, projects, and services. Recognized both in Portugal and abroad, the company's mission is to provide an 'uncomplicated' and tranquil experience to its clients, employees, partners, and investors. Casas do Sotavento's commitment is to treat everyone with the same respect and attention they would like to receive. This philosophy is reflected in all stages of processes and business relationships, from choosing the property to final delivery, with a focus on transparency, precision, and integrity in all interactions. If you're looking for a reliable and experienced company to help find the property or investment that meets your expectations, Casas do Sotavento is your trusted partner. Contact us to learn more about our products and services, or visit our website at (url hidden)
Completely renovated apartment, strategically located near the university. With 3 bedrooms, one bathroom, one guest toilet, and a generous 70sqm area, plus two balconies. Upon entering this cozy 1st-floor apartment, brightness and a sense of freshness immediately welcome you. The equipped kitchen offers a functional space to prepare delicious meals, and the well-thought-out layout ensures that every inch is maximized. One of the most notable features of this property is its versatility. The original living room has been masterfully divided, creating a third bedroom that adapts perfectly to your needs. Transform it into an inspiring office, a guest bedroom, or even a space for your favorite hobbies. Located in Penha, very close to the University of Algarve, the apartment has all the everyday amenities within a short distance. The complete renovation includes electrical and plumbing updates, ensuring your peace of mind regarding the functioning of the house. Attention to detail and the use of quality materials are evident in every corner of this space. Established in Portugal for over 20 years, Casas do Sotavento is a prestigious family-owned company known for the high standard of quality in its products, projects, and services. Recognized both in Portugal and abroad, the company's mission is to provide an 'uncomplicated' and tranquil experience to its clients, employees, partners, and investors. Casas do Sotavento's commitment is to treat everyone with the same respect and attention they would like to receive. This philosophy is reflected in all stages of processes and business relationships, from choosing the property to final delivery, with a focus on transparency, precision, and integrity in all interactions. If you're looking for a reliable and experienced company to help find the property or investment that meets your expectations, Casas do Sotavento is your trusted partner. Contact us to learn more about our products and services, or visit our website at (url hidden)
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Currency Exchange
União das Freguesias de Faro (Sé e São Pedro), 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 | £227,785 | £236,349 | £8,564 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £227,785 |
| Maximum cost in the last six months | £236,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,564 |
União das Freguesias de Faro (Sé e São Pedro), 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 | £227,785 | £236,349 | £8,564 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £227,785 |
| Maximum cost in the last six months | £236,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,564 |
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 £8,564 more.
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