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Excellent 2 bedroom apartment in a quiet and peaceful area in Castro Marim
Castro Marim, Faro, Portugal
REF: 931744
€198,000
Description
Excellent 2 bedroom apartment in a quiet and peaceful area in Castro Marim. Located on the ground floor, it is just a few meters from all the services, shops and restaurants in the village and has a landscaped environment. Comprising a hallway, bathroom with bathtub, a pantry, two bedrooms and an open-space kitchen with the living room. The apartment is equipped with an oven, hob, washing machine, dishwasher, refrigerator, and even a water heater. With plenty of natural light, this apartment has air conditioning in the living room and both bedrooms, offering comfort and convenience. The city of Castro Marim in Portugal is located approximately 7 km from the nearest beach, Praia Verde and Praia de Monte Gordo. The border with Spain is about 10 km away from Castro Marim. Just 2 km from the access to the A22. Approximately 60 km from Faro Airport and approximately 150 km from Seville Airport. The historical and heritage interest and also the tourist interest of the region are good reasons to like this location, so don't miss this business opportunity. Its Nature Reserve, salt flats and beaches, as well as the Castle and Fort are just some of the biggest attractions in the Castro Marim region, in the Algarve, Portugal. Don´t miss this visit! #ref: 135341
Excellent 2 bedroom apartment in a quiet and peaceful area in Castro Marim. Located on the ground floor, it is just a few meters from all the services, shops and restaurants in the village and has a landscaped environment. Comprising a hallway, bathroom with bathtub, a pantry, two bedrooms and an open-space kitchen with the living room. The apartment is equipped with an oven, hob, washing machine, dishwasher, refrigerator, and even a water heater. With plenty of natural light, this apartment has air conditioning in the living room and both bedrooms, offering comfort and convenience. The city of Castro Marim in Portugal is located approximately 7 km from the nearest beach, Praia Verde and Praia de Monte Gordo. The border with Spain is about 10 km away from Castro Marim. Just 2 km from the access to the A22. Approximately 60 km from Faro Airport and approximately 150 km from Seville Airport. The historical and heritage interest and also the tourist interest of the region are good reasons to like this location, so don't miss this business opportunity. Its Nature Reserve, salt flats and beaches, as well as the Castle and Fort are just some of the biggest attractions in the Castro Marim region, in the Algarve, Portugal. Don´t miss this visit! #ref: 135341
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Currency Exchange
Castro Marim, 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 €198,000 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 |
|---|---|---|---|
| €198,000 | £163,132 | £167,526 | £4,394 |
| Property Price € | €198,000 |
| Minimum cost in the last six months | £163,132 |
| Maximum cost in the last six months | £167,526 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,394 |
Castro Marim, 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 €198,000 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 |
|---|---|---|---|
| €198,000 | £163,132 | £167,526 | £4,394 |
| Property Price € | €198,000 |
| Minimum cost in the last six months | £163,132 |
| Maximum cost in the last six months | £167,526 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,394 |
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 £4,394 more.
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