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Located in the parish of Quelfes, within the urban center of the city of Olhão, this multi-family and commercial building offers quality apartments with types T2 and T3 and two stores
Olhão, Faro, Portugal
REF: 919254
€280,000
Description
Located in the parish of Quelfes, within the urban center of the city of Olhão, this multi-family and commercial building offers quality apartments with types T2 and T3 and two stores. With modern architecture, it is located in an expanding housing area, close to schools, commercial areas, various services, 20 minutes from the Airport and from the Hospitals of the city of Faro, 5 minutes from the Olhão waterfront and the embarkation piers for the Ria Formosa islands, 2 minutes from the pedestrian routes of the Ria Formosa and 1 minute from the access to the A22. Enjoy panoramic views of the Ria Formosa Natural Park, the great attraction of the Algarve region. This building has external and internal parking (private), elevator, green spaces, great sun exposure and, on the upper floors, with a stunning view of the Ria Formosa. The T2 and T3 come in Open-Space format and traditional format. All have good living spaces, top quality finishes and fully equipped kitchens with modern built-in equipment. The balconies are spacious with very good light. The upper floors have a rooftop with large areas and magnificent views of the Ria Formosa that allow you to enjoy the great Algarve climate. The frames, with double tempered and laminated thermal glass, feature large glazed bays with balconies. Prices for apartments start at R$245,000 and stores start at R$230,000. Don't miss the opportunity to get the address that will provide you with the quality of life you deserve! Contact us today and schedule your visit! Casas do Sotavento is at your disposal to help you through the entire process, from selling your current property, if applicable, to purchasing your new home, even if you need credit.
Located in the parish of Quelfes, within the urban center of the city of Olhão, this multi-family and commercial building offers quality apartments with types T2 and T3 and two stores. With modern architecture, it is located in an expanding housing area, close to schools, commercial areas, various services, 20 minutes from the Airport and from the Hospitals of the city of Faro, 5 minutes from the Olhão waterfront and the embarkation piers for the Ria Formosa islands, 2 minutes from the pedestrian routes of the Ria Formosa and 1 minute from the access to the A22. Enjoy panoramic views of the Ria Formosa Natural Park, the great attraction of the Algarve region. This building has external and internal parking (private), elevator, green spaces, great sun exposure and, on the upper floors, with a stunning view of the Ria Formosa. The T2 and T3 come in Open-Space format and traditional format. All have good living spaces, top quality finishes and fully equipped kitchens with modern built-in equipment. The balconies are spacious with very good light. The upper floors have a rooftop with large areas and magnificent views of the Ria Formosa that allow you to enjoy the great Algarve climate. The frames, with double tempered and laminated thermal glass, feature large glazed bays with balconies. Prices for apartments start at R$245,000 and stores start at R$230,000. Don't miss the opportunity to get the address that will provide you with the quality of life you deserve! Contact us today and schedule your visit! Casas do Sotavento is at your disposal to help you through the entire process, from selling your current property, if applicable, to purchasing your new home, even if you need credit.
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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 €280,000 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 |
|---|---|---|---|
| €280,000 | £230,692 | £237,468 | £6,776 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £230,692 |
| Maximum cost in the last six months | £237,468 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,776 |
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 €280,000 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 |
|---|---|---|---|
| €280,000 | £230,692 | £237,468 | £6,776 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £230,692 |
| Maximum cost in the last six months | £237,468 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,776 |
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 £6,776 more.
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