Excellent one bedroom apartment next to the beach and Marina in Vilamoura, Algarve

Loulé, Faro, Portugal, 8125-134

For Sale

€370,000

REF: 898507 €370,000


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Description

Excellent 1 bedroom apartment completely renovated in the center of Vilamoura close to all amenities. Building with garden and two swimming pools. Excellent 1 bedroom apartment completely renovated. Located in the center of Vilamoura, close to all amenities (shops, bars, restaurants, pharmacy, supermarket,...). The apartment in a building with a garden and two swimming pools, one outdoor and one indoor. It has 61 sq.m.

of built area and is sold furnished and equipped. The apartment consists of a living room with kitchenette, a bedroom, a bathroom and a great and spacious South facing balcony overlooking the garden. The apartment is equipped with air conditioning. Excellent investment opportunity. Great rental potential. AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Excellent 1 bedroom apartment completely renovated in the center of Vilamoura close to all amenities. Building with garden and two swimming pools. Excellent 1 bedroom apartment completely renovated. Located in the center of Vilamoura, close to all amenities (shops, bars, restaurants, pharmacy, supermarket,...). The apartment in a building with a garden and two swimming pools, one outdoor and one indoor. It has 61 sq.m.

of built area and is sold furnished and equipped. The apartment consists of a living room with kitchenette, a bedroom, a bathroom and a great and spacious South facing balcony overlooking the garden. The apartment is equipped with air conditioning. Excellent investment opportunity. Great rental potential. AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Currency Exchange

Loulé, Faro, Portugal, 8125-134

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 €370,000 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
€370,000 £307,796 £318,429 £10,634
Property Price € €370,000
Minimum cost in the last six months £307,796
Maximum cost in the last six months £318,429
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,634

Loulé, Faro, Portugal, 8125-134

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 €370,000 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
€370,000 £307,796 £318,429 £10,634
Property Price € €370,000
Minimum cost in the last six months £307,796
Maximum cost in the last six months £318,429
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,634

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 £10,634 more.

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