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This one-bedroom flat is located just a few steps from the stunning Vilamoura Marina in the Algarve and just 25 minutes from Faro airport
Loulé, Faro, Portugal
REF: 950927
€295,000
Description
This one-bedroom flat is located just a few steps from the stunning Vilamoura Marina in the Algarve and just 25 minutes from Faro airport. With a floor area of 57 m² and a gross floor area of 62 m², this flat is in excellent condition and comprises: - entrance hall with storage - a bright and airy living room with balcony; - fully equipped kitchen; - one bedroom; - full bathroom. In addition, this condominium has a lift, swimming pool and carefully designed leisure areas for your entertainment and relaxation. With a privileged location in the heart of Vilamoura, this property allows you to enjoy a multitude of restaurants, shops, world-renowned golf courses and stunning beaches. Take advantage of this unique opportunity to live with the quality of life that the Algarve offers. Choose an iad consultant and enjoy the support of the largest network of independent property consultants in Portugal. Founded in France in 2008, iad was born out of an innovative model that breaks with the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in the thousands of consultants, online properties and completed deals. iad has been in the property market for 15 years and is making a difference. For more information and to book a viewing, please contact me! Open to partnerships! This property is available to all professionals in the sector, with a 50/50 share. #ref: 132721
This one-bedroom flat is located just a few steps from the stunning Vilamoura Marina in the Algarve and just 25 minutes from Faro airport. With a floor area of 57 m² and a gross floor area of 62 m², this flat is in excellent condition and comprises: - entrance hall with storage - a bright and airy living room with balcony; - fully equipped kitchen; - one bedroom; - full bathroom. In addition, this condominium has a lift, swimming pool and carefully designed leisure areas for your entertainment and relaxation. With a privileged location in the heart of Vilamoura, this property allows you to enjoy a multitude of restaurants, shops, world-renowned golf courses and stunning beaches. Take advantage of this unique opportunity to live with the quality of life that the Algarve offers. Choose an iad consultant and enjoy the support of the largest network of independent property consultants in Portugal. Founded in France in 2008, iad was born out of an innovative model that breaks with the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in the thousands of consultants, online properties and completed deals. iad has been in the property market for 15 years and is making a difference. For more information and to book a viewing, please contact me! Open to partnerships! This property is available to all professionals in the sector, with a 50/50 share. #ref: 132721
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Currency Exchange
Loulé, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,051 | £256,087 | £13,036 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £256,087 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,036 |
Loulé, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,051 | £256,087 | £13,036 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £256,087 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,036 |
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 £13,036 more.
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