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Fantastic 3 bedroom apartment with the possibility of having a garage, very central, next to Avenida da Republica and 400 meters from Olhão markets
Olhão, Faro, Portugal
REF: 914408
€340,000
Description
Fantastic 3 bedroom apartment with the possibility of having a garage, very central, next to Avenida da Republica and 400 meters from Olhão markets. This property consists of an entrance hall, a generous 27m2 living room and a fully equipped open-space kitchen, three bedrooms, one en suite, two bathrooms and a balcony serving the living room. With excellent energy efficiency and very bright, the building has an elevator and roof covering, solar panels for water heating, pre-installation for air conditioning, double glazing with thermal cut-out and electric shutters. Comfort and location distinguish this property in the heart of Olhão, just a stone's throw from the marina. For more information do not hesitate to contact me. #ref: 131740
Fantastic 3 bedroom apartment with the possibility of having a garage, very central, next to Avenida da Republica and 400 meters from Olhão markets. This property consists of an entrance hall, a generous 27m2 living room and a fully equipped open-space kitchen, three bedrooms, one en suite, two bathrooms and a balcony serving the living room. With excellent energy efficiency and very bright, the building has an elevator and roof covering, solar panels for water heating, pre-installation for air conditioning, double glazing with thermal cut-out and electric shutters. Comfort and location distinguish this property in the heart of Olhão, just a stone's throw from the marina. For more information do not hesitate to contact me. #ref: 131740
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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 €340,000 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 |
|---|---|---|---|
| €340,000 | £280,126 | £292,213 | £12,087 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £280,126 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,087 |
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 €340,000 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 |
|---|---|---|---|
| €340,000 | £280,126 | £292,213 | £12,087 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £280,126 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,087 |
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 £12,087 more.
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