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Luxury 2 bedroom apartment in Monte Rei Golf & Country Club!Flat situated on the ground floor of Block H, has a gross construction area of 194
Vila Real de Santo António, Faro, Portugal
REF: 899968
€895,000
Description
Luxury 2 bedroom apartment in Monte Rei Golf & Country Club!Flat situated on the ground floor of Block H, has a gross construction area of 194.70m2 and has an entrance hall, living and dining room in open plan with a fully equipped kitchen, 2 bedrooms, both en-suite, guest toilet, utility room and access to 3 terraces, being the total outdoor area of 38.22m2.All the flats will be ready to live in, equipped with televisions, small and large-sized appliances, basic utensils for cleaning and maintenance of the dwelling and fully furnished.When you buy a flat you will automatically be guaranteed a Gold Visa and you will be able to make a worry-free profit on the property, managed by the resort with a guaranteed return of at least 4% profit on the initial investment per year. In addition, you will enjoy housekeeping services, discounts in the restaurants in the resort, free use of the Gym, Sauna, Spa, Pool and Tennis facilities for the first 4 years, personalised concierge services, 24 hour security and much more...Monte Rei Golf & Country Club, located on the edge of the Eastern Algarve, is in a privileged area in the peace and quiet of the countryside, yet only 8kms from the most beautiful and extensive sandy beaches of the Algarve, only 19kms from the Spanish border and about 52kms to Faro airport, with the resort offering transfer services. In constant development, having been voted the best golf course in Europe, a second course is being developed to the south and a luxury hotel and spa is in the development phase. It currently comprises reception, clubhouse, 3 restaurants for all tastes, including "Vistas" with 1 Michelin star and the various health and wellness facilities mentioned above. In terms of real estate, this area comprises luxury two and three bedroom flats, semi-detached and detached villas and a variety of plots for construction, spread around the Resort with views of the Serra do Caldeirão to the North and the Sea to the South.For more detailed information, please contact us for the best deal!
Luxury 2 bedroom apartment in Monte Rei Golf & Country Club!Flat situated on the ground floor of Block H, has a gross construction area of 194.70m2 and has an entrance hall, living and dining room in open plan with a fully equipped kitchen, 2 bedrooms, both en-suite, guest toilet, utility room and access to 3 terraces, being the total outdoor area of 38.22m2.All the flats will be ready to live in, equipped with televisions, small and large-sized appliances, basic utensils for cleaning and maintenance of the dwelling and fully furnished.When you buy a flat you will automatically be guaranteed a Gold Visa and you will be able to make a worry-free profit on the property, managed by the resort with a guaranteed return of at least 4% profit on the initial investment per year. In addition, you will enjoy housekeeping services, discounts in the restaurants in the resort, free use of the Gym, Sauna, Spa, Pool and Tennis facilities for the first 4 years, personalised concierge services, 24 hour security and much more...Monte Rei Golf & Country Club, located on the edge of the Eastern Algarve, is in a privileged area in the peace and quiet of the countryside, yet only 8kms from the most beautiful and extensive sandy beaches of the Algarve, only 19kms from the Spanish border and about 52kms to Faro airport, with the resort offering transfer services. In constant development, having been voted the best golf course in Europe, a second course is being developed to the south and a luxury hotel and spa is in the development phase. It currently comprises reception, clubhouse, 3 restaurants for all tastes, including "Vistas" with 1 Michelin star and the various health and wellness facilities mentioned above. In terms of real estate, this area comprises luxury two and three bedroom flats, semi-detached and detached villas and a variety of plots for construction, spread around the Resort with views of the Serra do Caldeirão to the North and the Sea to the South.For more detailed information, please contact us for the best deal!
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Currency Exchange
Vila Real de Santo António, 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 €895,000 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 |
|---|---|---|---|
| €895,000 | £741,337 | £769,208 | £27,870 |
| Property Price € | €895,000 |
| Minimum cost in the last six months | £741,337 |
| Maximum cost in the last six months | £769,208 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,870 |
Vila Real de Santo António, 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 €895,000 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 |
|---|---|---|---|
| €895,000 | £741,337 | £769,208 | £27,870 |
| Property Price € | €895,000 |
| Minimum cost in the last six months | £741,337 |
| Maximum cost in the last six months | £769,208 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,870 |
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 £27,870 more.
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