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3 bedroom apartment with 2 bathroom completely renovated
Olhão, Faro, Portugal, 8700-249
REF: 897538
€205,000
Description
Apartment with 3 bedrooms and two bathrooms, renovated and in excellent condition, on the third floor without elevator, built in 1999. It was completely renovated in 2019 and the kitchen in 2022. Located next to the intersection of 4 roads, one minute from two of Olhão's main exits, both via the EN125 and the Pechão road. Brightness and distribution of rooms are the main characteristics of this west-facing apartment. With an area of 100m2, it has an entrance hall and a social area separate from the bedroom area. Kitchen with 13m2 with pantry, and equipped with hob, oven and extractor fan. 100 liter water heater included. Possibility of negotiating the remaining appliances. Shutters leading to a balcony with table and chairs. There is also a second storage room next to the bedrooms. The room, measuring 15m2, has tilt-and-turn shutters, which give access to a balcony with a wide view. The rooms have areas of 9, 10 and 12m2, and have two layers of thermo-lacquered double glazing, with respective air box, guaranteeing almost absolute soundproofing. Air conditioning in the double bedroom. Wide and bright access stairs. Large terrace in excellent condition, with wide views over the city of Olhão. It is located 20 minutes from Faro airport. We share business 50% with all authorized intermediaries with an AMI license, because we know that together we can do more for our customers. We also provide support in the financing process through a Credit Intermediary authorized by Banco de Portugal.
Apartment with 3 bedrooms and two bathrooms, renovated and in excellent condition, on the third floor without elevator, built in 1999. It was completely renovated in 2019 and the kitchen in 2022. Located next to the intersection of 4 roads, one minute from two of Olhão's main exits, both via the EN125 and the Pechão road. Brightness and distribution of rooms are the main characteristics of this west-facing apartment. With an area of 100m2, it has an entrance hall and a social area separate from the bedroom area. Kitchen with 13m2 with pantry, and equipped with hob, oven and extractor fan. 100 liter water heater included. Possibility of negotiating the remaining appliances. Shutters leading to a balcony with table and chairs. There is also a second storage room next to the bedrooms. The room, measuring 15m2, has tilt-and-turn shutters, which give access to a balcony with a wide view. The rooms have areas of 9, 10 and 12m2, and have two layers of thermo-lacquered double glazing, with respective air box, guaranteeing almost absolute soundproofing. Air conditioning in the double bedroom. Wide and bright access stairs. Large terrace in excellent condition, with wide views over the city of Olhão. It is located 20 minutes from Faro airport. We share business 50% with all authorized intermediaries with an AMI license, because we know that together we can do more for our customers. We also provide support in the financing process through a Credit Intermediary authorized by Banco de Portugal.
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Currency Exchange
Olhão, Faro, Portugal, 8700-249
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 €205,000 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 |
|---|---|---|---|
| €205,000 | £169,804 | £176,187 | £6,384 |
| Property Price € | €205,000 |
| Minimum cost in the last six months | £169,804 |
| Maximum cost in the last six months | £176,187 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,384 |
Olhão, Faro, Portugal, 8700-249
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 €205,000 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 |
|---|---|---|---|
| €205,000 | £169,804 | £176,187 | £6,384 |
| Property Price € | €205,000 |
| Minimum cost in the last six months | £169,804 |
| Maximum cost in the last six months | £176,187 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,384 |
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 £6,384 more.
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