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1 Bedroom Apartment in Gated Community with Parking Space in Portimão - Just 1km from Praia da Rocha
Portimão, Faro, Portugal
REF: 955258
€235,000
Description
This cosy 1-bedroom apartment, located on the ground floor of a gated community in Portimão, is the perfect opportunity for those seeking comfort and an excellent location. With a private area of 61.50 m and a dependent area of 21.80 m , the apartment offers a functional and pleasant space, whether you're looking for a secure investment or your first home. The apartment is equipped with air conditioning in both the living room and the bedroom, ensuring a comfortable environment throughout the year. The bedroom is spacious and features a built-in wardrobe, providing plenty of storage space. The kitchen is fully equipped and ready to be used for everyday living. Electric shutters throughout the apartment (except in the bedroom) add extra convenience, as do the generous sizes of the living room and bedroom, which allow for spacious and bright environments. There is access to the balcony from both the living room and the kitchen, where you can relax and enjoy the peaceful surroundings. In addition to the possibility of parking within the gated community, there is also a garage space. Moreover, the condominium offers an extra level of security and privacy, with access controlled by a code. The location is ideal, just 1 km from the famous Praia da Rocha, and with the opportunity to enjoy the seaside promenade. This is an excellent opportunity for both those looking for a profitable investment and those wishing to live in a quiet area, yet close to everything they need. Don t miss out on this unique opportunity! Schedule your visit now and come and see everything this apartment has to offer. KW Flash has an authorised Credit Intermediary approved by the Bank of Portugal. If you require financing, we can assist you! At KW, we share business 50% with all estate agents or agencies holding an AMI licence.
This cosy 1-bedroom apartment, located on the ground floor of a gated community in Portimão, is the perfect opportunity for those seeking comfort and an excellent location. With a private area of 61.50 m and a dependent area of 21.80 m , the apartment offers a functional and pleasant space, whether you're looking for a secure investment or your first home. The apartment is equipped with air conditioning in both the living room and the bedroom, ensuring a comfortable environment throughout the year. The bedroom is spacious and features a built-in wardrobe, providing plenty of storage space. The kitchen is fully equipped and ready to be used for everyday living. Electric shutters throughout the apartment (except in the bedroom) add extra convenience, as do the generous sizes of the living room and bedroom, which allow for spacious and bright environments. There is access to the balcony from both the living room and the kitchen, where you can relax and enjoy the peaceful surroundings. In addition to the possibility of parking within the gated community, there is also a garage space. Moreover, the condominium offers an extra level of security and privacy, with access controlled by a code. The location is ideal, just 1 km from the famous Praia da Rocha, and with the opportunity to enjoy the seaside promenade. This is an excellent opportunity for both those looking for a profitable investment and those wishing to live in a quiet area, yet close to everything they need. Don t miss out on this unique opportunity! Schedule your visit now and come and see everything this apartment has to offer. KW Flash has an authorised Credit Intermediary approved by the Bank of Portugal. If you require financing, we can assist you! At KW, we share business 50% with all estate agents or agencies holding an AMI licence.
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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 €235,000 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 |
|---|---|---|---|
| €235,000 | £193,617 | £198,831 | £5,215 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £193,617 |
| Maximum cost in the last six months | £198,831 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,215 |
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 €235,000 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 |
|---|---|---|---|
| €235,000 | £193,617 | £198,831 | £5,215 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £193,617 |
| Maximum cost in the last six months | £198,831 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,215 |
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 £5,215 more.
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