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House T1 + 2, inserted in a tourist condominium, located in the heart of Vila da Comporta
Portimão, Faro, Portugal, 7580-684
REF: 957315
€800,000
Description
Comporta is an exclusive holiday destination, considered by the foreign press as the "Hamptons of Portugal" and leader in the preferences of the famous Portuguese and foreigners. In this village, you will find restaurants, cafes, minimarket, pharmacy, decoration shops, clothing, handicrafts among others at 2m walk from your home, allowing the use of it, throughout the year.
Just 2 km away is the famous Comporta beach,
This project, with a unique location, combines the advantages of having the experience of Vila da Comporta with the benefits of privacy, security and services of a condominium, 2 km from the beach. All this, with interesting return possibilities through the Pestana tourist exploration and with strong potential for valorization. - REF: COMLT16
Comporta is an exclusive holiday destination, considered by the foreign press as the "Hamptons of Portugal" and leader in the preferences of the famous Portuguese and foreigners. In this village, you will find restaurants, cafes, minimarket, pharmacy, decoration shops, clothing, handicrafts among others at 2m walk from your home, allowing the use of it, throughout the year.
Just 2 km away is the famous Comporta beach,
This project, with a unique location, combines the advantages of having the experience of Vila da Comporta with the benefits of privacy, security and services of a condominium, 2 km from the beach. All this, with interesting return possibilities through the Pestana tourist exploration and with strong potential for valorization. - REF: COMLT16
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Currency Exchange
Portimão, Faro, Portugal, 7580-684
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 €800,000 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 |
|---|---|---|---|
| €800,000 | £659,120 | £676,872 | £17,752 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £659,120 |
| Maximum cost in the last six months | £676,872 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,752 |
Portimão, Faro, Portugal, 7580-684
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 €800,000 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 |
|---|---|---|---|
| €800,000 | £659,120 | £676,872 | £17,752 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £659,120 |
| Maximum cost in the last six months | £676,872 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,752 |
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 £17,752 more.
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