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Fantastic investment!!3 bedroom apartment, located on the 1st floor of a recently built building, in 2023, with high quality and ultra modern finishes
Tavira, Faro, Portugal
REF: 900014
€510,000
Description
Fantastic investment!!3 bedroom apartment, located on the 1st floor of a recently built building, in 2023, with high quality and ultra modern finishes. Property consisting of entrance hall, large open plan living/dining room with a kitchen equipped with the best appliances, 3 bedrooms, 2 of which are en suite and a 3rd bathroom for guests. It has access to generous balconies and a stunning rooftop terrace with Communal Pool and Ocean View. It also has a closed, private garage for 2 cars in the basement.Finishes and equipment: - Solar panels for hot water - Air conditioning (Cold / Hot) - Electric blinds - General carpentry lacquered in white - False ceilings with built-in LED lights - Built-in wardrobes - Glass protection on the verandasEnergy certification A.Located in the northern part of this typical Algarve village, about 600 m from the fantastic waterfront bathed by the Ria Formosa, where you have access to the boat to Cabanas Beach, as well as several restaurants, cafes and services. 2 km from the "Benamor" golf course and 5 km from the city of Tavira.Built by a reference company, with numerous quality developments in this area, the condominium features a modern architecture, with an east/west orientation.
Fantastic investment!!3 bedroom apartment, located on the 1st floor of a recently built building, in 2023, with high quality and ultra modern finishes. Property consisting of entrance hall, large open plan living/dining room with a kitchen equipped with the best appliances, 3 bedrooms, 2 of which are en suite and a 3rd bathroom for guests. It has access to generous balconies and a stunning rooftop terrace with Communal Pool and Ocean View. It also has a closed, private garage for 2 cars in the basement.Finishes and equipment: - Solar panels for hot water - Air conditioning (Cold / Hot) - Electric blinds - General carpentry lacquered in white - False ceilings with built-in LED lights - Built-in wardrobes - Glass protection on the verandasEnergy certification A.Located in the northern part of this typical Algarve village, about 600 m from the fantastic waterfront bathed by the Ria Formosa, where you have access to the boat to Cabanas Beach, as well as several restaurants, cafes and services. 2 km from the "Benamor" golf course and 5 km from the city of Tavira.Built by a reference company, with numerous quality developments in this area, the condominium features a modern architecture, with an east/west orientation.
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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 €510,000 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 |
|---|---|---|---|
| €510,000 | £422,438 | £438,320 | £15,881 |
| Property Price € | €510,000 |
| Minimum cost in the last six months | £422,438 |
| Maximum cost in the last six months | £438,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,881 |
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 €510,000 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 |
|---|---|---|---|
| €510,000 | £422,438 | £438,320 | £15,881 |
| Property Price € | €510,000 |
| Minimum cost in the last six months | £422,438 |
| Maximum cost in the last six months | £438,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,881 |
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 £15,881 more.
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