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PORTUGAL, ALGARVE, OLHAO For sale magnificent 3 bedroom flat for sale, 126m², located in a very quiet area of Olhão, on the 4th and top floor of a very well maintained building with 2 lifts
Olhão, Faro, Portugal
REF: 908692
€315,000
Description
PORTUGAL, ALGARVE, OLHAO For sale magnificent 3 bedroom flat for sale, 126m², located in a very quiet area of Olhão, on the 4th and top floor of a very well maintained building with 2 lifts. The flat features high quality finishes, comfort (double glazing, mosquito nets, electric shutters, thermal insulation and air conditioning), an excellent location and excellent east/west sun exposure. The flat comprises an entrance hall with high-security door and video intercom; a spacious, light-filled living/dining room with access to a balcony where you can admire the magnificent sunsets, panoramic views over the Ria Formosa and the green spaces; a fully equipped kitchen with dishwasher, natural gas hob, extractor hood, oven, fridge, new Bosch water heater and laundry area with cupboards, washing machine and granite worktop; a storage room and three bedrooms, all with built-in wardrobes and balconies. One of the bedrooms has an en-suite bathroom with bath. There is also a family bathroom with a bath. This flat has a parking space in the basement of the building and a shared terrace. Come and discover the charm of Olhão, a lively historic Algarve town with a magnificent municipal market, situated on the banks of the Ria Formosa, a splendid marina, with a variety of supermarkets, restaurants and schools only minutes away. Olhão combines an urban environment with the proximity of nature, offering an excellent quality of life. It is a relatively quiet town, with good infrastructure and services. Olhao is 15 minutes from Faro International Airport, 19 minutes from Faro's beaches and 20 minutes from Mar Shopping. An exceptional opportunity to live in a very dynamic location, in complete tranquillity, and enjoy the Algarve sunshine! Contact us for more information and to arrange a viewing! IAD is a network of independent estate agents based on a totally innovative model that breaks with the traditional concept of property brokerage. Are you looking for a comprehensive, simple and competitive service? That's what we offer at IAD. I accompany you through all the administrative procedures right up to the sale. We share this service with all AMI-approved estate agents! #ref: 130917
PORTUGAL, ALGARVE, OLHAO For sale magnificent 3 bedroom flat for sale, 126m², located in a very quiet area of Olhão, on the 4th and top floor of a very well maintained building with 2 lifts. The flat features high quality finishes, comfort (double glazing, mosquito nets, electric shutters, thermal insulation and air conditioning), an excellent location and excellent east/west sun exposure. The flat comprises an entrance hall with high-security door and video intercom; a spacious, light-filled living/dining room with access to a balcony where you can admire the magnificent sunsets, panoramic views over the Ria Formosa and the green spaces; a fully equipped kitchen with dishwasher, natural gas hob, extractor hood, oven, fridge, new Bosch water heater and laundry area with cupboards, washing machine and granite worktop; a storage room and three bedrooms, all with built-in wardrobes and balconies. One of the bedrooms has an en-suite bathroom with bath. There is also a family bathroom with a bath. This flat has a parking space in the basement of the building and a shared terrace. Come and discover the charm of Olhão, a lively historic Algarve town with a magnificent municipal market, situated on the banks of the Ria Formosa, a splendid marina, with a variety of supermarkets, restaurants and schools only minutes away. Olhão combines an urban environment with the proximity of nature, offering an excellent quality of life. It is a relatively quiet town, with good infrastructure and services. Olhao is 15 minutes from Faro International Airport, 19 minutes from Faro's beaches and 20 minutes from Mar Shopping. An exceptional opportunity to live in a very dynamic location, in complete tranquillity, and enjoy the Algarve sunshine! Contact us for more information and to arrange a viewing! IAD is a network of independent estate agents based on a totally innovative model that breaks with the traditional concept of property brokerage. Are you looking for a comprehensive, simple and competitive service? That's what we offer at IAD. I accompany you through all the administrative procedures right up to the sale. We share this service with all AMI-approved estate agents! #ref: 130917
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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 €315,000 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 |
|---|---|---|---|
| €315,000 | £259,529 | £270,727 | £11,198 |
| Property Price € | €315,000 |
| Minimum cost in the last six months | £259,529 |
| Maximum cost in the last six months | £270,727 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,198 |
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 €315,000 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 |
|---|---|---|---|
| €315,000 | £259,529 | £270,727 | £11,198 |
| Property Price € | €315,000 |
| Minimum cost in the last six months | £259,529 |
| Maximum cost in the last six months | £270,727 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,198 |
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 £11,198 more.
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