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Magnificent, unobstructed sea views from the terrace of this beautiful, light-filled T2 flat, located just a few minutes' walk from the famous Praia da Rocha, with its beaches, shops and many daytime and night-time activities
Portimão, Faro, Portugal
REF: 936558
€385,000
Description
Magnificent, unobstructed sea views from the terrace of this beautiful, light-filled T2 flat, located just a few minutes' walk from the famous Praia da Rocha, with its beaches, shops and many daytime and night-time activities. With a total surface area of 106m2, it offers comfort and space thanks to its 2 bedrooms - one of which is en-suite - both with built-in wardrobes and one with a dressing room, its 2 bathrooms, one of which has a bath, and its fully-equipped, functional kitchen that opens onto the living room. The sun-drenched terrace is accessible from the living room as well as from the first bedroom, which can be used as a study. The flat has electric blinds, central reversible air conditioning throughout, an intercom and smoke detectors. It also has a parking space in the residence's closed underground car park. Quiet and secure, this residence offers 2 outdoor swimming pools and an indoor pool heated all year round to 27°C, a squash court, a tennis court and sports field, a children's play area, a picnic area with barbecues and a Mel e Canela tea room. Renovation work on the facade is underway and fully financed. Sold fully furnished. VISIT NOW! #ref: 135947
Magnificent, unobstructed sea views from the terrace of this beautiful, light-filled T2 flat, located just a few minutes' walk from the famous Praia da Rocha, with its beaches, shops and many daytime and night-time activities. With a total surface area of 106m2, it offers comfort and space thanks to its 2 bedrooms - one of which is en-suite - both with built-in wardrobes and one with a dressing room, its 2 bathrooms, one of which has a bath, and its fully-equipped, functional kitchen that opens onto the living room. The sun-drenched terrace is accessible from the living room as well as from the first bedroom, which can be used as a study. The flat has electric blinds, central reversible air conditioning throughout, an intercom and smoke detectors. It also has a parking space in the residence's closed underground car park. Quiet and secure, this residence offers 2 outdoor swimming pools and an indoor pool heated all year round to 27°C, a squash court, a tennis court and sports field, a children's play area, a picnic area with barbecues and a Mel e Canela tea room. Renovation work on the facade is underway and fully financed. Sold fully furnished. VISIT NOW! #ref: 135947
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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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,202 | £325,745 | £8,543 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £325,745 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,543 |
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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,202 | £325,745 | £8,543 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £325,745 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,543 |
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 £8,543 more.
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