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New Construction! 4 bedroom Apartment - TaviraThis ground floor property comprises an entrance hall, a large open-plan living/dining room with an equipped kitchen (+-30m2), 4 bedrooms (1 en suite), a total of 3 bathrooms, 1 utility room and access to 2 balconies with a total area of around 31
Tavira, Faro, Portugal
REF: 900008
€400,000
Description
New Construction! 4 bedroom Apartment - TaviraThis ground floor property comprises an entrance hall, a large open-plan living/dining room with an equipped kitchen (+-30m2), 4 bedrooms (1 en suite), a total of 3 bathrooms, 1 utility room and access to 2 balconies with a total area of around 31.7m2.Inserted in a building in the final stages of construction, with a total of 3 floors, each floor with 4 flats, making a total of only 12 fractions. This property has access to a 3 parking spaces in the garage.Finishes and fittings: - Fitted kitchen with BOSCH appliances - Air conditioning (cold/hot) - Solar panels for water heating - Electric shutters - Armoured door - Central vacuum - Ceramic and floating floors in bedrooms - Building with lift access from the basement to the flatProperty located in the heart of the Eastern Algarve, in one of the most historic and sought-after towns, in an urbanisation just a few minutes' walk from the best pastry shops, shops, public transport, shopping centre, municipal swimming pools, schools and about 2 km from the River Gilão where you'll find the pier for the island of Tavira.Flat available for viewings.
New Construction! 4 bedroom Apartment - TaviraThis ground floor property comprises an entrance hall, a large open-plan living/dining room with an equipped kitchen (+-30m2), 4 bedrooms (1 en suite), a total of 3 bathrooms, 1 utility room and access to 2 balconies with a total area of around 31.7m2.Inserted in a building in the final stages of construction, with a total of 3 floors, each floor with 4 flats, making a total of only 12 fractions. This property has access to a 3 parking spaces in the garage.Finishes and fittings: - Fitted kitchen with BOSCH appliances - Air conditioning (cold/hot) - Solar panels for water heating - Electric shutters - Armoured door - Central vacuum - Ceramic and floating floors in bedrooms - Building with lift access from the basement to the flatProperty located in the heart of the Eastern Algarve, in one of the most historic and sought-after towns, in an urbanisation just a few minutes' walk from the best pastry shops, shops, public transport, shopping centre, municipal swimming pools, schools and about 2 km from the River Gilão where you'll find the pier for the island of Tavira.Flat available for viewings.
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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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £347,236 | £17,676 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £347,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,676 |
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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £347,236 | £17,676 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £347,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,676 |
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 £17,676 more.
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