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New Construction near the Ria Formosa (100m) with Garage, Communal Pool and Gardens in Cabanas de Tavira!The development consists of 4 blocks, spread over 3 floors (Ground Floor, 1st floor and 2nd floor) and has a total of 31 autonomous apartments with contemporary and 1st category finishes
Tavira, Faro, Portugal
REF: 899963
€425,000
Description
New Construction near the Ria Formosa (100m) with Garage, Communal Pool and Gardens in Cabanas de Tavira!The development consists of 4 blocks, spread over 3 floors (Ground Floor, 1st floor and 2nd floor) and has a total of 31 autonomous apartments with contemporary and 1st category finishes. Apartment S, located on the 1st floor of the building, has: entrance hall, 2 bedrooms, 1 of which is en suite, 1 family bathroom, large living room and equipped kitchen. There are 2 balconies.Finishes and equipment: - Bathroom suspendes croquery and furniture - Ceramic coatings brand "Love" - Kitchen equipped with BOSCH brand appliances (dishwasher, washing machine and dryer, induction hob, extractor hood, microwave, "American" style combined fridge freezer) - Built-in wardrobes and white lacquered general carpentry - Heat pump with photovoltaic panel support for water heating - Electric towel rails in the WC - Reversible air conditioning (Cold/Heat)The apartment has 1 parking spaces in the basement (28.26m2).Next to the Ria Formosa, this new construction has a prime location, situated just 100m from the waterfront and the town centre where all amenities and services can be found. Just 1km from the Benamor Golf Course, 6kms from the centre of Tavira and about 30min. by car to Faro airport.Expected completion in 2024.Book your visit!
New Construction near the Ria Formosa (100m) with Garage, Communal Pool and Gardens in Cabanas de Tavira!The development consists of 4 blocks, spread over 3 floors (Ground Floor, 1st floor and 2nd floor) and has a total of 31 autonomous apartments with contemporary and 1st category finishes. Apartment S, located on the 1st floor of the building, has: entrance hall, 2 bedrooms, 1 of which is en suite, 1 family bathroom, large living room and equipped kitchen. There are 2 balconies.Finishes and equipment: - Bathroom suspendes croquery and furniture - Ceramic coatings brand "Love" - Kitchen equipped with BOSCH brand appliances (dishwasher, washing machine and dryer, induction hob, extractor hood, microwave, "American" style combined fridge freezer) - Built-in wardrobes and white lacquered general carpentry - Heat pump with photovoltaic panel support for water heating - Electric towel rails in the WC - Reversible air conditioning (Cold/Heat)The apartment has 1 parking spaces in the basement (28.26m2).Next to the Ria Formosa, this new construction has a prime location, situated just 100m from the waterfront and the town centre where all amenities and services can be found. Just 1km from the Benamor Golf Course, 6kms from the centre of Tavira and about 30min. by car to Faro airport.Expected completion in 2024.Book your visit!
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Currency Exchange
Tavira, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £352,032 | £365,266 | £13,235 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £352,032 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,235 |
Tavira, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £352,032 | £365,266 | £13,235 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £352,032 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,235 |
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 £13,235 more.
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