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Renovated 2-bedroom apartment with stunning views over the River Arade This elegant two-bedroom flat, completely renovated in 2025, is on the 10th floor of a building with two lifts, providing comfort and accessibility
Portimão, Faro, Portugal
REF: 949432
€265,000
Description
Renovated 2-bedroom apartment with stunning views over the River Arade This elegant two-bedroom flat, completely renovated in 2025, is on the 10th floor of a building with two lifts, providing comfort and accessibility. With a floor area of 72 m2 and a total of 83 m2, its space is distributed as follows: an open-plan living and dining room with a fully equipped kitchen and a service bathroom. The two bedrooms are en suite, which guarantees total comfort and privacy, and converge on a balcony with an amazing view over the River Arade. The flat's sun exposure extends from east to west, guaranteeing natural light throughout the day. The privileged location provides easy access to various amenities such as shops, services and schools, as well as to the riverside area and the stunning Praia da Rocha, one of the most emblematic in the Algarve. Whether for investment or for your own home, this is an opportunity you shouldn't miss! Come and see it and book your viewing now! #ref: 138239
Renovated 2-bedroom apartment with stunning views over the River Arade This elegant two-bedroom flat, completely renovated in 2025, is on the 10th floor of a building with two lifts, providing comfort and accessibility. With a floor area of 72 m2 and a total of 83 m2, its space is distributed as follows: an open-plan living and dining room with a fully equipped kitchen and a service bathroom. The two bedrooms are en suite, which guarantees total comfort and privacy, and converge on a balcony with an amazing view over the River Arade. The flat's sun exposure extends from east to west, guaranteeing natural light throughout the day. The privileged location provides easy access to various amenities such as shops, services and schools, as well as to the riverside area and the stunning Praia da Rocha, one of the most emblematic in the Algarve. Whether for investment or for your own home, this is an opportunity you shouldn't miss! Come and see it and book your viewing now! #ref: 138239
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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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £224,214 | £5,880 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £224,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,880 |
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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £224,214 | £5,880 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £224,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,880 |
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 £5,880 more.
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