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3 bedroom apartment, Faro
Faro, Faro, Portugal, 8005-328
REF: 925491
€650,000
Description
Project in the construction phase, differentiated by quality, areas and outdoor spaces, with work expected to be completed in the spring of this year, 2025. Apartment composition: - Bedrooms: 3 bedrooms, 2 of which are en-suite, 1 of which includes a closet, while the remaining bedrooms have built-in wardrobes; - WC's: 3 complete WC's, 2 of which are equipped with a shower tray and the other with a hydromassage bathtub; - Social spaces: In open space; - Outdoor space: 2 balconies, one with connection to all bedrooms, and on the other side of the apartment one with access from the living room; Barbecue Zone; Outdoor Laundry; Benefits: - Sun exposure - Possibility of enjoying natural light all day long; - Outdoor spaces; - Location - Center of Faro, which facilitates access to all the amenities of our daily lives; Composition of the Enterprise: - R/C used for commerce/services and 7 upper floors used for housing; - 2 elevators; - Garage: 2 Basements with parking spaces, storage rooms, and private boxes - Their distribution may still vary by fraction; Private access through automatic gate; - Rooftop: Leisure space and swimming pool for common use, with views over the mountains, the estuary and the city; - Views from the apartments vary between the mountains, the estuary and the city, depending on the apartment; I am available to provide additional information and schedule your visit!
Project in the construction phase, differentiated by quality, areas and outdoor spaces, with work expected to be completed in the spring of this year, 2025. Apartment composition: - Bedrooms: 3 bedrooms, 2 of which are en-suite, 1 of which includes a closet, while the remaining bedrooms have built-in wardrobes; - WC's: 3 complete WC's, 2 of which are equipped with a shower tray and the other with a hydromassage bathtub; - Social spaces: In open space; - Outdoor space: 2 balconies, one with connection to all bedrooms, and on the other side of the apartment one with access from the living room; Barbecue Zone; Outdoor Laundry; Benefits: - Sun exposure - Possibility of enjoying natural light all day long; - Outdoor spaces; - Location - Center of Faro, which facilitates access to all the amenities of our daily lives; Composition of the Enterprise: - R/C used for commerce/services and 7 upper floors used for housing; - 2 elevators; - Garage: 2 Basements with parking spaces, storage rooms, and private boxes - Their distribution may still vary by fraction; Private access through automatic gate; - Rooftop: Leisure space and swimming pool for common use, with views over the mountains, the estuary and the city; - Views from the apartments vary between the mountains, the estuary and the city, depending on the apartment; I am available to provide additional information and schedule your visit!
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Currency Exchange
Faro, Faro, Portugal, 8005-328
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £535,535 | £549,959 | £14,424 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £535,535 |
| Maximum cost in the last six months | £549,959 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,424 |
Faro, Faro, Portugal, 8005-328
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £535,535 | £549,959 | £14,424 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £535,535 |
| Maximum cost in the last six months | £549,959 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,424 |
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 £14,424 more.
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