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T2 under construction with 2 wc and patio 11
Monte Gordo, Faro, Portugal
REF: 915595
€275,000
Description
T2 under construction with 2 wc and patio 11.83sqm in Monte Gordo With a fantastic location, just three hundred meters from direct access to one of the best beaches in the East Algarve, these apartments will represent a fantastic investment opportunity and own housing. Monte Gordo is located just a 45-minute drive from Faro International Airport and a minute's drive from the Spanish border. Huelva and Seville are a short drive away and are ideal for day trips or mini weekends. Golf courses are available in both Monte Rei and Castro Marim, and Monte Gordo has a beachfront casino as well as a number of fantastic restaurants. An exclusive development of only twenty apartments, a combination of one and two bedroom units with five duplex apartments, offering from 55 to 95 square meters of living area and terraces. The third floor apartments will have fantastic views of the nature reserve and the ocean, as well as formidable terraces to live outdoors. All apartments will be built to the highest standards, with ceramic tiles in the living and dining areas and wooden finishes in the rooms. Contemporary interior finishes with bathrooms fully lined with Roca tiles and dishes. Apartments with fully tandrated terraces and glass balustradas. Fully equipped kitchens and air conditioning Construction will begin in October 2023, with completion and delivery scheduled for 2025. Promise Contract with the start of construction with 30% and the rest at the completion of the work Features: Air conditioning, Terrace / Balcony, New, Close to bars / restaurants Close to shops, Near a golf course, Near the beach. The Booking amount is EUR5,000. It will be returned in case of withdrawal until the signature of the CPCV. Merely illustrative plants Included sales amounts are non-negotiable.
T2 under construction with 2 wc and patio 11.83sqm in Monte Gordo With a fantastic location, just three hundred meters from direct access to one of the best beaches in the East Algarve, these apartments will represent a fantastic investment opportunity and own housing. Monte Gordo is located just a 45-minute drive from Faro International Airport and a minute's drive from the Spanish border. Huelva and Seville are a short drive away and are ideal for day trips or mini weekends. Golf courses are available in both Monte Rei and Castro Marim, and Monte Gordo has a beachfront casino as well as a number of fantastic restaurants. An exclusive development of only twenty apartments, a combination of one and two bedroom units with five duplex apartments, offering from 55 to 95 square meters of living area and terraces. The third floor apartments will have fantastic views of the nature reserve and the ocean, as well as formidable terraces to live outdoors. All apartments will be built to the highest standards, with ceramic tiles in the living and dining areas and wooden finishes in the rooms. Contemporary interior finishes with bathrooms fully lined with Roca tiles and dishes. Apartments with fully tandrated terraces and glass balustradas. Fully equipped kitchens and air conditioning Construction will begin in October 2023, with completion and delivery scheduled for 2025. Promise Contract with the start of construction with 30% and the rest at the completion of the work Features: Air conditioning, Terrace / Balcony, New, Close to bars / restaurants Close to shops, Near a golf course, Near the beach. The Booking amount is EUR5,000. It will be returned in case of withdrawal until the signature of the CPCV. Merely illustrative plants Included sales amounts are non-negotiable.
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Currency Exchange
Monte Gordo, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,573 | £236,349 | £9,776 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,573 |
| Maximum cost in the last six months | £236,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,776 |
Monte Gordo, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,573 | £236,349 | £9,776 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,573 |
| Maximum cost in the last six months | £236,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,776 |
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 £9,776 more.
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