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Located in the center of Moncarapacho, we have this completely renovated three-bedroom apartment
Olhão, Faro, Portugal
REF: 906153
€225,000
Description
Located in the center of Moncarapacho, we have this completely renovated three-bedroom apartment. The property has good areas, great location, large patio with barbecue, equipped kitchen, living room with wood stove, bathroom with shower and bedrooms with built-in closets. The property has LED lighting in all rooms; Laminate flooring in the living room, bedrooms and hallway; Aluminum frames with double glazing; Pre-installation of air conditioning; External security door; Kitchen equipped with stove, oven, microwave, extractor fan, washing machine, refrigerator and water heater; In this apartment, the private patio is the cherry on top of the cake. It provides the living area with a complement for family moments. Close to restaurants, sweet shops, banks, pharmacy, schools, transport, services and with great access to the main roads. The distance to the beach is around 5 minutes by car. Excellent investment opportunity, both for permanent residence or to monetize. Book your visit now. #ref: 130247
Located in the center of Moncarapacho, we have this completely renovated three-bedroom apartment. The property has good areas, great location, large patio with barbecue, equipped kitchen, living room with wood stove, bathroom with shower and bedrooms with built-in closets. The property has LED lighting in all rooms; Laminate flooring in the living room, bedrooms and hallway; Aluminum frames with double glazing; Pre-installation of air conditioning; External security door; Kitchen equipped with stove, oven, microwave, extractor fan, washing machine, refrigerator and water heater; In this apartment, the private patio is the cherry on top of the cake. It provides the living area with a complement for family moments. Close to restaurants, sweet shops, banks, pharmacy, schools, transport, services and with great access to the main roads. The distance to the beach is around 5 minutes by car. Excellent investment opportunity, both for permanent residence or to monetize. Book your visit now. #ref: 130247
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Currency Exchange
Olhão, 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 €225,000 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 |
|---|---|---|---|
| €225,000 | £186,370 | £193,496 | £7,126 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £186,370 |
| Maximum cost in the last six months | £193,496 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,126 |
Olhão, 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 €225,000 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 |
|---|---|---|---|
| €225,000 | £186,370 | £193,496 | £7,126 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £186,370 |
| Maximum cost in the last six months | £193,496 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,126 |
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 £7,126 more.
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