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T2 sale nearing completion Almancil, Algarve
Loulé, Faro, Portugal, 8135-139
REF: 897534
€350,000
Description
T2 sale nearing completion Delivery is scheduled for the end of 2024. Ideally located 20 minutes from Faro airport and 10 minutes from the magnificent beaches of the Algarve, this 2-bedroom, 2-bathroom apartment includes a parking space and a storage room in the basement, and large terraces to enjoy the Algarve's 300 days of sunshine. Main features of this exclusive apartment: - Modern and Fully Equipped Kitchen: The true heart of the home, this modern and functional kitchen will be the perfect place to prepare delicious meals for your loved ones. - Storage room and private garage: Includes additional storage space and a parking space, ensuring maximum comfort and convenience. - Proximity to Shops: Just a few steps from local shops, restaurants and services, you have everything at your fingertips to make your daily life easier. - Quick Access to Beaches and Golf Courses: Almancil offers a unique setting between beach and countryside, just 10 minutes from the paradisiacal beaches of the Algarve and close to the prestigious San Lorenzo Golf, one of the best golf courses in Portugal and Europe. If you are looking for a holiday home in the Algarve, a holiday residence or a quality real estate investment, this building is an opportunity not to be missed. Enjoy an exceptional quality of life and great potential for profitability in the rental market.
T2 sale nearing completion Delivery is scheduled for the end of 2024. Ideally located 20 minutes from Faro airport and 10 minutes from the magnificent beaches of the Algarve, this 2-bedroom, 2-bathroom apartment includes a parking space and a storage room in the basement, and large terraces to enjoy the Algarve's 300 days of sunshine. Main features of this exclusive apartment: - Modern and Fully Equipped Kitchen: The true heart of the home, this modern and functional kitchen will be the perfect place to prepare delicious meals for your loved ones. - Storage room and private garage: Includes additional storage space and a parking space, ensuring maximum comfort and convenience. - Proximity to Shops: Just a few steps from local shops, restaurants and services, you have everything at your fingertips to make your daily life easier. - Quick Access to Beaches and Golf Courses: Almancil offers a unique setting between beach and countryside, just 10 minutes from the paradisiacal beaches of the Algarve and close to the prestigious San Lorenzo Golf, one of the best golf courses in Portugal and Europe. If you are looking for a holiday home in the Algarve, a holiday residence or a quality real estate investment, this building is an opportunity not to be missed. Enjoy an exceptional quality of life and great potential for profitability in the rental market.
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Currency Exchange
Loulé, Faro, Portugal, 8135-139
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 | £291,158 | £301,217 | £10,059 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £291,158 |
| Maximum cost in the last six months | £301,217 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,059 |
Loulé, Faro, Portugal, 8135-139
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 | £291,158 | £301,217 | £10,059 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £291,158 |
| Maximum cost in the last six months | £301,217 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,059 |
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 £10,059 more.
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