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Off-plan two bedroom apartments in an exclusive condominium in Burgau, with swimming pool and gym
Burgau, Faro, Portugal
REF: 258560
€363,000
Description
Off-plan two bedroom apartments in an exclusive condominium in Burgau, with swimming pool and gym. Properties with high quality finishes, balcony, private roof terrace and kitchen equipped with Siemens appliances. The equipment level is prepared to provide you with the greatest comfort; all apartments have heating and air conditioning systems built into the false ceilings, electric underfloor heating in the floors and mirrors in the bathrooms, central vacuum, solar panel and 300L water heater. In addition, all units have a storage room and a parking space in the basement with a power outlet for electric vehicles. This is an excellent opportunity to invest in one of the most beautiful locations in the Algarve. Burgau is a picturesque village, where you can still find traces of its past linked to fishing, and with a beautiful beach. Just taking a pedestrian walk through some of its narrow, sloping streets will take you to discover some of the most beautiful corners of this place. The condo is just a 10 minute walk from the beach and close to local shops, with the essentials for day-to-day or a vacation. The cities of Vila do Bispo and Lagos are a 15-minute drive away. Two bedroom apartments, on the ground floor or 1st floor, with prices starting at EUR 280,000.
Off-plan two bedroom apartments in an exclusive condominium in Burgau, with swimming pool and gym. Properties with high quality finishes, balcony, private roof terrace and kitchen equipped with Siemens appliances. The equipment level is prepared to provide you with the greatest comfort; all apartments have heating and air conditioning systems built into the false ceilings, electric underfloor heating in the floors and mirrors in the bathrooms, central vacuum, solar panel and 300L water heater. In addition, all units have a storage room and a parking space in the basement with a power outlet for electric vehicles. This is an excellent opportunity to invest in one of the most beautiful locations in the Algarve. Burgau is a picturesque village, where you can still find traces of its past linked to fishing, and with a beautiful beach. Just taking a pedestrian walk through some of its narrow, sloping streets will take you to discover some of the most beautiful corners of this place. The condo is just a 10 minute walk from the beach and close to local shops, with the essentials for day-to-day or a vacation. The cities of Vila do Bispo and Lagos are a 15-minute drive away. Two bedroom apartments, on the ground floor or 1st floor, with prices starting at EUR 280,000.
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Currency Exchange
Burgau, 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 €363,000 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 |
|---|---|---|---|
| €363,000 | £308,800 | £318,184 | £9,384 |
| Property Price € | €363,000 |
| Minimum cost in the last six months | £308,800 |
| Maximum cost in the last six months | £318,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,384 |
Burgau, 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 €363,000 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 |
|---|---|---|---|
| €363,000 | £308,800 | £318,184 | £9,384 |
| Property Price € | €363,000 |
| Minimum cost in the last six months | £308,800 |
| Maximum cost in the last six months | £318,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,384 |
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 £9,384 more.
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