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3 bedroom apartment on the 2nd line of Monte Gordo Beach, located in a building on the 3rd floor with access to a private terrace with Ocean View
Vila Real de Santo António, Faro, Portugal
REF: 899977
€375,000
Description
3 bedroom apartment on the 2nd line of Monte Gordo Beach, located in a building on the 3rd floor with access to a private terrace with Ocean View.Large property, consisting of living room with balcony, equipped kitchen with plenty of storage areas, 3 bedrooms, all of them with balconies, hall with built-in wardrobe, 2 bathrooms, one with bath and the other with shower. Access through the building to a rooftop terrace, reserved for the flat, with a good area for leisure, barbecuing with friends and sunbathing.Property equipped with air conditioning. East/South sun exposure.Excellent investment opportunity, if you want to monetise, due to its proximity to all amenities and services and only 100m to the entrance of Monte Gordo beach. Monte Gordo is a parish in Vila Real de Santo António, in the Algarve, part of the municipality that borders the Spanish town of Ayamonte and the Guadiana River. Located just three kilometres away from the centre of Vila Real de Santo António, between a vast pine forest and the Atlantic Ocean. The fine golden sand beaches of Monte Gordo and its surroundings make this village an ideal destination to rest during your holidays. Its sands are spacious and flat, so they are perfect for the little ones to play safely. The sea, on the other hand, is calm and slightly warmer than in other areas of the Atlantic, due to its proximity to the Mediterranean.Book your visit now!
3 bedroom apartment on the 2nd line of Monte Gordo Beach, located in a building on the 3rd floor with access to a private terrace with Ocean View.Large property, consisting of living room with balcony, equipped kitchen with plenty of storage areas, 3 bedrooms, all of them with balconies, hall with built-in wardrobe, 2 bathrooms, one with bath and the other with shower. Access through the building to a rooftop terrace, reserved for the flat, with a good area for leisure, barbecuing with friends and sunbathing.Property equipped with air conditioning. East/South sun exposure.Excellent investment opportunity, if you want to monetise, due to its proximity to all amenities and services and only 100m to the entrance of Monte Gordo beach. Monte Gordo is a parish in Vila Real de Santo António, in the Algarve, part of the municipality that borders the Spanish town of Ayamonte and the Guadiana River. Located just three kilometres away from the centre of Vila Real de Santo António, between a vast pine forest and the Atlantic Ocean. The fine golden sand beaches of Monte Gordo and its surroundings make this village an ideal destination to rest during your holidays. Its sands are spacious and flat, so they are perfect for the little ones to play safely. The sea, on the other hand, is calm and slightly warmer than in other areas of the Atlantic, due to its proximity to the Mediterranean.Book your visit now!
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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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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