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2 Bedroom apartment located on Rua Jornal Folha de Domingo, in the heart of the city of Faro, in a quiet and central area, with excellent proximity to all essential services
União das Freguesias de Faro (Sé e São Pedro), Faro, Portugal
REF: 959533
€275,000
Description
2 Bedroom apartment located on Rua Jornal Folha de Domingo, in the heart of the city of Faro, in a quiet and central area, with excellent proximity to all essential services. This apartment is located on the 2nd floor of a 5-storey building and has a private gross area of 61.05sqm, complemented by 9.84sqm of dependent area (storage and balconies). Upon entering the property, you are greeted by a functional hall with a pantry. - On the right, you will find the two bedrooms, both with access to a large balcony, ideal for enjoying natural light and the outdoors. - The bathroom is located in front. On the left side, you will find a practical kitchen with direct access to a large balcony shared with the living room, where there is also a small covered external storage room, perfect for extra storage. - The living room is bright and cozy, offering a pleasant environment for family gatherings. Property Highlights: 2 Bedrooms with balcony 1 Bathroom Living room with access to the balcony Functional kitchen with access to the balcony 1 storage room on the balcony Pantry in the hall Excellent sun exposure Premium Location: 1 minute walk from João de Deus Secondary School 3 minutes from Faro Train Station 5 minutes from Faro Marina and the historic center 5 minutes from Faro Private Hospital 7 minutes from Faro International Airport 8 minutes from the University of Algarve 10 minutes from the beaches of Faro Island (with access by car or ferry) Surrounded by shops, cafes, supermarkets, pharmacies and public services, this property is ideal both for your own home and for investment with guaranteed income (annual rental or seasonal rental). Schedule your visit now! If you are looking to live in the center of Faro with comfort, accessibility and everything on your doorstep, this is the right property for you.
2 Bedroom apartment located on Rua Jornal Folha de Domingo, in the heart of the city of Faro, in a quiet and central area, with excellent proximity to all essential services. This apartment is located on the 2nd floor of a 5-storey building and has a private gross area of 61.05sqm, complemented by 9.84sqm of dependent area (storage and balconies). Upon entering the property, you are greeted by a functional hall with a pantry. - On the right, you will find the two bedrooms, both with access to a large balcony, ideal for enjoying natural light and the outdoors. - The bathroom is located in front. On the left side, you will find a practical kitchen with direct access to a large balcony shared with the living room, where there is also a small covered external storage room, perfect for extra storage. - The living room is bright and cozy, offering a pleasant environment for family gatherings. Property Highlights: 2 Bedrooms with balcony 1 Bathroom Living room with access to the balcony Functional kitchen with access to the balcony 1 storage room on the balcony Pantry in the hall Excellent sun exposure Premium Location: 1 minute walk from João de Deus Secondary School 3 minutes from Faro Train Station 5 minutes from Faro Marina and the historic center 5 minutes from Faro Private Hospital 7 minutes from Faro International Airport 8 minutes from the University of Algarve 10 minutes from the beaches of Faro Island (with access by car or ferry) Surrounded by shops, cafes, supermarkets, pharmacies and public services, this property is ideal both for your own home and for investment with guaranteed income (annual rental or seasonal rental). Schedule your visit now! If you are looking to live in the center of Faro with comfort, accessibility and everything on your doorstep, this is the right property for you.
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Currency Exchange
União das Freguesias de Faro (Sé e São Pedro), 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,573 | £238,725 | £12,152 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,573 |
| Maximum cost in the last six months | £238,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,152 |
União das Freguesias de Faro (Sé e São Pedro), 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,573 | £238,725 | £12,152 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,573 |
| Maximum cost in the last six months | £238,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,152 |
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 £12,152 more.
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