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New Construction - Topfloor 3 bedroom apartment with parking and pool in Santiago, TaviraBuilding comprising a total of 8 flats spread over the ground floor, 1st floor and 2nd floor with basement parking
Tavira, Faro, Portugal
REF: 900002
€580,000
Description
New Construction - Topfloor 3 bedroom apartment with parking and pool in Santiago, TaviraBuilding comprising a total of 8 flats spread over the ground floor, 1st floor and 2nd floor with basement parking.This penhouse, located on the 2nd floor, has 3 bedrooms (1 en suite), 2 bathrooms and a large open-plan living room with an equipped kitchen. There are 2 balconies, facing east and south. It has access to a communal roof terrace with a swimming pool and a second private terrace with 31.29m2. There is a parking space in the basement, with an area of 12.50m2.Finishes and fittings:- Metal-framed windows with thermal break- Double glazed windows with external sun protection- Electric shutters- Kitchens equipped with Bosch appliances, including washing machine and dishwasher, induction hob, oven, built-in fridge, microwave, extractor fan and water heater- Solar panels with collector for water heating- Reversible LG air conditioning (cold/heat)- Pre-installed central vacuum systemBuilding in a prime location in the city of Tavira, just 5 minutes from the city centre, close to hypermarkets, train station, restaurants and more.Works expected to be completed by the end of 2024.
New Construction - Topfloor 3 bedroom apartment with parking and pool in Santiago, TaviraBuilding comprising a total of 8 flats spread over the ground floor, 1st floor and 2nd floor with basement parking.This penhouse, located on the 2nd floor, has 3 bedrooms (1 en suite), 2 bathrooms and a large open-plan living room with an equipped kitchen. There are 2 balconies, facing east and south. It has access to a communal roof terrace with a swimming pool and a second private terrace with 31.29m2. There is a parking space in the basement, with an area of 12.50m2.Finishes and fittings:- Metal-framed windows with thermal break- Double glazed windows with external sun protection- Electric shutters- Kitchens equipped with Bosch appliances, including washing machine and dishwasher, induction hob, oven, built-in fridge, microwave, extractor fan and water heater- Solar panels with collector for water heating- Reversible LG air conditioning (cold/heat)- Pre-installed central vacuum systemBuilding in a prime location in the city of Tavira, just 5 minutes from the city centre, close to hypermarkets, train station, restaurants and more.Works expected to be completed by the end of 2024.
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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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,788 | £18,369 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,788 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,369 |
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,788 | £18,369 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,788 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,369 |
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 £18,369 more.
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