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Discover this bright and renovated apartment, ideally located on the first floor of a charming two-story building without an elevator
Albufeira, Faro, Portugal
REF: 955513
€299,000
Description
Discover this bright and renovated apartment, ideally located on the first floor of a charming two-story building without an elevator. Apartment Features: Bedrooms: 2, including one with an unobstructed view and a glimpse of the sea. Kitchen: Fully equipped, perfect for cooking enthusiasts. Bathroom: Modern, featuring an Italian-style shower. Air Conditioning: Reversible in the bedrooms for optimal comfort year-round. Exposure: Cross-ventilated with east and west exposure, providing natural light throughout the day. Terrace: Spacious and private, ideal for enjoying outdoor relaxation. Location This apartment is situated on a lively street surrounded by numerous restaurants and markets, offering a vibrant neighborhood atmosphere. It also represents an excellent investment opportunity, particularly suitable for short-term rentals. Don’t miss this unique opportunity! Contact us now to schedule a viewing. #ref: 139650
Discover this bright and renovated apartment, ideally located on the first floor of a charming two-story building without an elevator. Apartment Features: Bedrooms: 2, including one with an unobstructed view and a glimpse of the sea. Kitchen: Fully equipped, perfect for cooking enthusiasts. Bathroom: Modern, featuring an Italian-style shower. Air Conditioning: Reversible in the bedrooms for optimal comfort year-round. Exposure: Cross-ventilated with east and west exposure, providing natural light throughout the day. Terrace: Spacious and private, ideal for enjoying outdoor relaxation. Location This apartment is situated on a lively street surrounded by numerous restaurants and markets, offering a vibrant neighborhood atmosphere. It also represents an excellent investment opportunity, particularly suitable for short-term rentals. Don’t miss this unique opportunity! Contact us now to schedule a viewing. #ref: 139650
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Currency Exchange
Albufeira, 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 €299,000 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 |
|---|---|---|---|
| €299,000 | £246,346 | £252,981 | £6,635 |
| Property Price € | €299,000 |
| Minimum cost in the last six months | £246,346 |
| Maximum cost in the last six months | £252,981 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,635 |
Albufeira, 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 €299,000 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 |
|---|---|---|---|
| €299,000 | £246,346 | £252,981 | £6,635 |
| Property Price € | €299,000 |
| Minimum cost in the last six months | £246,346 |
| Maximum cost in the last six months | £252,981 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,635 |
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 £6,635 more.
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