3 bedroom bank apartment on the 1st floor of a building located in the Chasfa Urbanization, in Olhão

Olhão, Faro, Portugal, 8700-240

For Sale

€165,000

REF: 1000982 €165,000


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Description

3 bedroom bank apartment on the 1st floor of a building located in the Chasfa Urbanization, in Olhão An excellent opportunity is presented to acquire a 3 bedroom apartment located in the Chasfa Urbanization, in Quelfes, Olhão. The apartment benefits from a practical and functional location, north of the EN125, with access to the city's main thoroughfares. Located on the 1st floor of a five-storey building, with two fractions per floor, this property is located in a consolidated urban area..

3 bedroom bank apartment on the 1st floor of a building located in the Chasfa Urbanization, in Olhão An excellent opportunity is presented to acquire a 3 bedroom apartment located in the Chasfa Urbanization, in Quelfes, Olhão. The apartment benefits from a practical and functional location, north of the EN125, with access to the city's main thoroughfares. Located on the 1st floor of a five-storey building, with two fractions per floor, this property is located in a consolidated urban area, with good access and proximity to services such as the Health Center and Ria Shopping, parking is free of charge on the public road. With a gross private area of 91 m , the apartment consists of a circulation hallway, living room, kitchen, pantry, three bedrooms, bathroom and a balcony. The monthly condominium fee is 25 Euros. NOTES: Visits on August 11 between 10:30 am and 1:00 pm by appointment.

Submission of proposals until 18-August-2025 for the minimum amount announced, at the end of this period, the owning entity will sell to the offer it considers most advantageous. Only proposals accompanied by financing feasibility will be considered, except for acquisitions without recourse to credit. Come visit and enjoy the special financing conditions!
3 bedroom bank apartment on the 1st floor of a building located in the Chasfa Urbanization, in Olhão An excellent opportunity is presented to acquire a 3 bedroom apartment located in the Chasfa Urbanization, in Quelfes, Olhão. The apartment benefits from a practical and functional location, north of the EN125, with access to the city's main thoroughfares. Located on the 1st floor of a five-storey building, with two fractions per floor, this property is located in a consolidated urban area..

3 bedroom bank apartment on the 1st floor of a building located in the Chasfa Urbanization, in Olhão An excellent opportunity is presented to acquire a 3 bedroom apartment located in the Chasfa Urbanization, in Quelfes, Olhão. The apartment benefits from a practical and functional location, north of the EN125, with access to the city's main thoroughfares. Located on the 1st floor of a five-storey building, with two fractions per floor, this property is located in a consolidated urban area, with good access and proximity to services such as the Health Center and Ria Shopping, parking is free of charge on the public road. With a gross private area of 91 m , the apartment consists of a circulation hallway, living room, kitchen, pantry, three bedrooms, bathroom and a balcony. The monthly condominium fee is 25 Euros. NOTES: Visits on August 11 between 10:30 am and 1:00 pm by appointment.

Submission of proposals until 18-August-2025 for the minimum amount announced, at the end of this period, the owning entity will sell to the offer it considers most advantageous. Only proposals accompanied by financing feasibility will be considered, except for acquisitions without recourse to credit. Come visit and enjoy the special financing conditions!
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Property on Map

#JFCGD-02024345

Currency Exchange

Olhão, Faro, Portugal, 8700-240

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 €165,000 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
€165,000 £136,199 £144,428 £8,229
Property Price € €165,000
Minimum cost in the last six months £136,199
Maximum cost in the last six months £144,428
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,229

Olhão, Faro, Portugal, 8700-240

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 €165,000 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
€165,000 £136,199 £144,428 £8,229
Property Price € €165,000
Minimum cost in the last six months £136,199
Maximum cost in the last six months £144,428
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,229

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 £8,229 more.

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