Spacious T2 apartment near the center and all the amenities in Faro, Algarve

Faro, Faro, Portugal, 8000

For Sale

€430,000

REF: 904764 €430,000


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Description

Brand new spacious T2 apartment near the city center in short distance from all the amenities (shops, supermarkets, restaurants, bars, banks, pharmacy, schools, ...). Brand new spacious T2 apartment excellently located near the city center in short distance from all the amenities (shops, supermarkets, restaurants, bars, banks, pharmacy, schools, ...). With 133 sq.m.

of built area. The apartment comprises of a lounge, one equipped kitchen, two bedrooms of which one is en-suite and another complete bathroom. Two balconies with small storage rooms. Furthermore it has private parking for two cars in the basement and one storage. The apartment comes equipped with air conditioning, double glazing, electric shutters and solar panels. Great construction quality and finishes. Deserves to be visited ... AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Brand new spacious T2 apartment near the city center in short distance from all the amenities (shops, supermarkets, restaurants, bars, banks, pharmacy, schools, ...). Brand new spacious T2 apartment excellently located near the city center in short distance from all the amenities (shops, supermarkets, restaurants, bars, banks, pharmacy, schools, ...). With 133 sq.m.

of built area. The apartment comprises of a lounge, one equipped kitchen, two bedrooms of which one is en-suite and another complete bathroom. Two balconies with small storage rooms. Furthermore it has private parking for two cars in the basement and one storage. The apartment comes equipped with air conditioning, double glazing, electric shutters and solar panels. Great construction quality and finishes. Deserves to be visited ... AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map

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Currency Exchange

Faro, Faro, Portugal, 8000

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 €430,000 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
€430,000 £354,277 £369,564 £15,287
Property Price € €430,000
Minimum cost in the last six months £354,277
Maximum cost in the last six months £369,564
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,287

Faro, Faro, Portugal, 8000

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 €430,000 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
€430,000 £354,277 £369,564 £15,287
Property Price € €430,000
Minimum cost in the last six months £354,277
Maximum cost in the last six months £369,564
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,287

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 £15,287 more.

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