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1-Bedroom Apartment in Praia da Rocha – A Unique Opportunity! This property, converted from a commercial space into a modern and functional apartment, combines charm, comfort, and a prime location
Portimão, Faro, Portugal
REF: 926930
€139,000
Description
1-Bedroom Apartment in Praia da Rocha – A Unique Opportunity! This property, converted from a commercial space into a modern and functional apartment, combines charm, comfort, and a prime location. Just 200 meters from the stunning Praia da Rocha, it is part of an exclusive condominium with a swimming pool, perfect for enjoying warm summer days. Property Highlights: Spacious bedroom with excellent natural light. Modern, fully equipped kitchen, designed for maximum practicality. Cozy living room, perfect for relaxing or hosting guests. Elegant bathroom with high-quality finishes. Strategic location, close to restaurants, supermarkets, and essential services. ️ Important Note: This property retains a commercial license, meaning it is not eligible for a mortgage loan. This apartment is an excellent choice for both personal use and seasonal rental investment, thanks to its proximity to the beach and the region's tourist appeal. Why Choose This Property? Perfect location for those who value living near the sea. Condominium amenities provide a practical and comfortable lifestyle. High investment potential due to the constant demand in the area. Contact us today for more information or to schedule a viewing. Don’t miss out on this unique opportunity! #ref: 134111
1-Bedroom Apartment in Praia da Rocha – A Unique Opportunity! This property, converted from a commercial space into a modern and functional apartment, combines charm, comfort, and a prime location. Just 200 meters from the stunning Praia da Rocha, it is part of an exclusive condominium with a swimming pool, perfect for enjoying warm summer days. Property Highlights: Spacious bedroom with excellent natural light. Modern, fully equipped kitchen, designed for maximum practicality. Cozy living room, perfect for relaxing or hosting guests. Elegant bathroom with high-quality finishes. Strategic location, close to restaurants, supermarkets, and essential services. ️ Important Note: This property retains a commercial license, meaning it is not eligible for a mortgage loan. This apartment is an excellent choice for both personal use and seasonal rental investment, thanks to its proximity to the beach and the region's tourist appeal. Why Choose This Property? Perfect location for those who value living near the sea. Condominium amenities provide a practical and comfortable lifestyle. High investment potential due to the constant demand in the area. Contact us today for more information or to schedule a viewing. Don’t miss out on this unique opportunity! #ref: 134111
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Currency Exchange
Portimão, 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 €139,000 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 |
|---|---|---|---|
| €139,000 | £114,522 | £119,464 | £4,941 |
| Property Price € | €139,000 |
| Minimum cost in the last six months | £114,522 |
| Maximum cost in the last six months | £119,464 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,941 |
Portimão, 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 €139,000 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 |
|---|---|---|---|
| €139,000 | £114,522 | £119,464 | £4,941 |
| Property Price € | €139,000 |
| Minimum cost in the last six months | £114,522 |
| Maximum cost in the last six months | £119,464 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,941 |
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 £4,941 more.
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