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Fully renovated 4 bedroom apartment with garage and terrace in the heart of downtown Faro close to all public and private services
Faro, Faro, Portugal
REF: 947827
€430,000
Description
Fully renovated 4 bedroom apartment with garage and terrace in the heart of downtown Faro close to all public and private services. On the ground floor there is a private entrance with garage for 1 car and storage room. And on the 1st floor this beautiful and spacious 4 bedroom apartment. Composed of : 1 Living Room of 29m2 1 Equipped kitchen with the possibility of converting into Open space whenever you want 4 bedrooms, 2 of them with 3m2 closets, and only 1 en suite 2 Bathrooms 1 long corridor 1 laundry room This very bright apartment has floating flooring and tiles, double glazed windows and electric shutters, video intercom, armored door, air conditioning in the living room and all bedrooms, built-in wardrobes, water heater, solar panels and balconies in all rooms. It should be noted that this property has a private terrace of 150m² on the rooftop, perfect for creating various outdoor leisure spaces. There is also the feasibility of expanding another recessed floor, already prepared with plumbing, electricity and structure for this purpose, further increasing the value of the property. If you would like to take a closer look at this property, please do not hesitate to contact me. #ref: 133977
Fully renovated 4 bedroom apartment with garage and terrace in the heart of downtown Faro close to all public and private services. On the ground floor there is a private entrance with garage for 1 car and storage room. And on the 1st floor this beautiful and spacious 4 bedroom apartment. Composed of : 1 Living Room of 29m2 1 Equipped kitchen with the possibility of converting into Open space whenever you want 4 bedrooms, 2 of them with 3m2 closets, and only 1 en suite 2 Bathrooms 1 long corridor 1 laundry room This very bright apartment has floating flooring and tiles, double glazed windows and electric shutters, video intercom, armored door, air conditioning in the living room and all bedrooms, built-in wardrobes, water heater, solar panels and balconies in all rooms. It should be noted that this property has a private terrace of 150m² on the rooftop, perfect for creating various outdoor leisure spaces. There is also the feasibility of expanding another recessed floor, already prepared with plumbing, electricity and structure for this purpose, further increasing the value of the property. If you would like to take a closer look at this property, please do not hesitate to contact me. #ref: 133977
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Currency Exchange
Faro, 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 €430,000 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 |
|---|---|---|---|
| €430,000 | £354,277 | £363,819 | £9,542 |
| Property Price € | €430,000 |
| Minimum cost in the last six months | £354,277 |
| Maximum cost in the last six months | £363,819 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,542 |
Faro, 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 €430,000 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 |
|---|---|---|---|
| €430,000 | £354,277 | £363,819 | £9,542 |
| Property Price € | €430,000 |
| Minimum cost in the last six months | £354,277 |
| Maximum cost in the last six months | £363,819 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,542 |
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 £9,542 more.
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