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T2 | Algarve Race Resort
Portimão, Faro, Portugal
REF: 1003939
€160,000
Description
2 bedroom apartment in the Autodromo ideal for investment, holidays and even to live. Our package of 66 apartments from Banco Millennium BCP, contains T1's, T2's and T3's, so we alert you to the fact that the images provided do not belong to a specific apartment and are merely informative.
Come and see the wonderful T2's available for full purchase at the Vista Falcão Apartments next to the Autódromo Internacional do Algarve in Portimão.
All apartments have an underground parking space in the building's garage and a private storage room.
Features:
- Living room w/ equipped kitchenette
- 2 Spacious bedrooms with built-in wardrobes
- Spacious bathroom with shower
- Spacious south-facing balcony
Facilities:
-Air conditioning
- Double glazing
- Aluminum frames
- Optional furniture
Expenditure:
- Periodic instalment 2025: 1297.97 (VAT included)
Inserted in a tourist development with private indoor and outdoor parking, outdoor swimming pool.
Situated less than 20 minutes from Portimão city centre, with its vibrant culture, entertainment and shopping, and 25 minutes from the stunning Meia Praia beach. Lagos city centre can be reached in approximately 25 minutes.
Less than an hour's drive from Faro airport, it is a great opportunity for investment and profitability!
2 bedroom apartment in the Autodromo ideal for investment, holidays and even to live. Our package of 66 apartments from Banco Millennium BCP, contains T1's, T2's and T3's, so we alert you to the fact that the images provided do not belong to a specific apartment and are merely informative.
Come and see the wonderful T2's available for full purchase at the Vista Falcão Apartments next to the Autódromo Internacional do Algarve in Portimão.
All apartments have an underground parking space in the building's garage and a private storage room.
Features:
- Living room w/ equipped kitchenette
- 2 Spacious bedrooms with built-in wardrobes
- Spacious bathroom with shower
- Spacious south-facing balcony
Facilities:
-Air conditioning
- Double glazing
- Aluminum frames
- Optional furniture
Expenditure:
- Periodic instalment 2025: 1297.97 (VAT included)
Inserted in a tourist development with private indoor and outdoor parking, outdoor swimming pool.
Situated less than 20 minutes from Portimão city centre, with its vibrant culture, entertainment and shopping, and 25 minutes from the stunning Meia Praia beach. Lagos city centre can be reached in approximately 25 minutes.
Less than an hour's drive from Faro airport, it is a great opportunity for investment and profitability!
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Currency Exchange
Portimão, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,072 | £140,051 | £7,979 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,072 |
| Maximum cost in the last six months | £140,051 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,979 |
Portimão, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,072 | £140,051 | £7,979 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,072 |
| Maximum cost in the last six months | £140,051 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,979 |
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 £7,979 more.
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