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EXCLUSIVE IAD Wonderful 2 bedroom apartment in the heart of Faro
Faro, Faro, Portugal
REF: 955915
€370,000
Description
EXCLUSIVE IAD Wonderful 2 bedroom apartment in the heart of Faro. With a magnificent and breathtaking view over the Ria Formosa, it is in a residential area close to all the goods and services needed for everyday life. This apartment is on the 7th floor of a building with two elevators. It has been completely renovated with excellent quality materials, including the plumbing and electricity. It has a large kitchen furnished and equipped with high-end appliances (washing machine, dishwasher, built-in fridge, coffee machine, microwave and induction hob and oven) in OpenSpace with a very large and bright living/dining room. There are also two bedrooms - one of which is en-suite - with built-in closets and plenty of storage space. Both have access to balconies with magnificent views over the Ria Formosa. It also has 2 furnished, equipped and ventilated bathrooms. This apartment also has double glazing, air conditioning and a water heater (300 liters). It's ideal for a family or even for renting out. Given its location, you don't need a car; you can get around on foot as there are several services nearby. Don't hesitate and come and see your next home! Contact me. #ref: 139716
EXCLUSIVE IAD Wonderful 2 bedroom apartment in the heart of Faro. With a magnificent and breathtaking view over the Ria Formosa, it is in a residential area close to all the goods and services needed for everyday life. This apartment is on the 7th floor of a building with two elevators. It has been completely renovated with excellent quality materials, including the plumbing and electricity. It has a large kitchen furnished and equipped with high-end appliances (washing machine, dishwasher, built-in fridge, coffee machine, microwave and induction hob and oven) in OpenSpace with a very large and bright living/dining room. There are also two bedrooms - one of which is en-suite - with built-in closets and plenty of storage space. Both have access to balconies with magnificent views over the Ria Formosa. It also has 2 furnished, equipped and ventilated bathrooms. This apartment also has double glazing, air conditioning and a water heater (300 liters). It's ideal for a family or even for renting out. Given its location, you don't need a car; you can get around on foot as there are several services nearby. Don't hesitate and come and see your next home! Contact me. #ref: 139716
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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 €370,000 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 |
|---|---|---|---|
| €370,000 | £304,843 | £321,193 | £16,350 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £304,843 |
| Maximum cost in the last six months | £321,193 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,350 |
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 €370,000 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 |
|---|---|---|---|
| €370,000 | £304,843 | £321,193 | £16,350 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £304,843 |
| Maximum cost in the last six months | £321,193 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,350 |
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 £16,350 more.
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