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T2 | Montenegro | Terrace | Garage
Faro, Faro, Portugal, 8005-278
REF: 1003927
€530,000
Description
I present this excellent two-bedroom apartment, located in a quiet residential area of Montenegro, a short distance from Faro Beach, the airport, and all essential services. With a modern and functional layout, the property comprises: 2 bedrooms, one of which is a suite with a private bathroom Open-plan kitchen and living room, creating a spacious, bright, and welcoming atmosphere 2 bathrooms with modern finishes Private terrace, ideal for leisure time or outdoor dining Garage, with easy access Storage room, for additional storage This apartment stands out for its recent construction, quality materials, and prime location, with quick access to schools, supermarkets, transportation, and main roads. An excellent option for both homeownership and real estate investment in one of the most valued areas of Faro.
I present this excellent two-bedroom apartment, located in a quiet residential area of Montenegro, a short distance from Faro Beach, the airport, and all essential services. With a modern and functional layout, the property comprises: 2 bedrooms, one of which is a suite with a private bathroom Open-plan kitchen and living room, creating a spacious, bright, and welcoming atmosphere 2 bathrooms with modern finishes Private terrace, ideal for leisure time or outdoor dining Garage, with easy access Storage room, for additional storage This apartment stands out for its recent construction, quality materials, and prime location, with quick access to schools, supermarkets, transportation, and main roads. An excellent option for both homeownership and real estate investment in one of the most valued areas of Faro.
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Currency Exchange
Faro, Faro, Portugal, 8005-278
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 €530,000 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 |
|---|---|---|---|
| €530,000 | £437,489 | £463,920 | £26,431 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £437,489 |
| Maximum cost in the last six months | £463,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,431 |
Faro, Faro, Portugal, 8005-278
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 €530,000 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 |
|---|---|---|---|
| €530,000 | £437,489 | £463,920 | £26,431 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £437,489 |
| Maximum cost in the last six months | £463,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,431 |
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 £26,431 more.
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