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Recently completed
Loulé, Faro, Portugal, 8100-304
REF: 913403
€327,000
Description
These new high quality apartments, with elevator are set close to Loule centre, yet in a quiet rural location. They are composed of a good sized open plan central living area, with a spacious well equipped Kitchen, Lounge and Dining. One of the two bedrooms is ensuite, with a large bathroom, and the second bedroom is adjacent to the family bathroom. Both bathrooms are finished with beautiful marble tiles and quality fittings.The apartments are on the end of the block and benefit from terraces on two sides, creating plenty of natural light throughout the building. The large West facing terrace which is accessible from the kitchen, lounge and bedroom is complete with a BBQ and outdoor eating area, great for al fresco dining and watching the sunset over the ocean.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
These new high quality apartments, with elevator are set close to Loule centre, yet in a quiet rural location. They are composed of a good sized open plan central living area, with a spacious well equipped Kitchen, Lounge and Dining. One of the two bedrooms is ensuite, with a large bathroom, and the second bedroom is adjacent to the family bathroom. Both bathrooms are finished with beautiful marble tiles and quality fittings.The apartments are on the end of the block and benefit from terraces on two sides, creating plenty of natural light throughout the building. The large West facing terrace which is accessible from the kitchen, lounge and bedroom is complete with a BBQ and outdoor eating area, great for al fresco dining and watching the sunset over the ocean.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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Currency Exchange
Loulé, Faro, Portugal, 8100-304
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 €327,000 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 |
|---|---|---|---|
| €327,000 | £270,857 | £281,040 | £10,183 |
| Property Price € | €327,000 |
| Minimum cost in the last six months | £270,857 |
| Maximum cost in the last six months | £281,040 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,183 |
Loulé, Faro, Portugal, 8100-304
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 €327,000 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 |
|---|---|---|---|
| €327,000 | £270,857 | £281,040 | £10,183 |
| Property Price € | €327,000 |
| Minimum cost in the last six months | £270,857 |
| Maximum cost in the last six months | £281,040 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,183 |
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 £10,183 more.
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