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Just a few minutes' walk from the Ria Formosa, in Cabanas, you'll find this 2-bedroom flat in a modern building with straight-lined architecture, already finished and ready to be deeded
Tavira, Faro, Portugal
REF: 337542
€385,000
Description
Just a few minutes' walk from the Ria Formosa, in Cabanas, you'll find this 2-bedroom flat in a modern building with straight-lined architecture, already finished and ready to be deeded. This space offers a lounge and an open-plan kitchen with an area of over 40m2, the latter is fully equipped. The 2 bedrooms have areas of 14.34m2 and 14.86m2, all two with fitted wardrobes and one with a private bathroom with shower. The balcony of the entire flat has a total area of 15.94m2, facing west so you can enjoy the Algarvian sun. There is also a parking space in the garage and a patio with a 30m2 swimming pool, facing west. Traditional masonry construction with 8 cm thick insulation (capoto). Thermally-cut aluminium window frames with 6mm toughened + 6mm tempered low-emissive double glazing. Planitherm Ultra N, electric thermal blinds. False plasterboard ceilings with recessed LED downlights, bedrooms and living room with floating oak flooring of resistance class - AC4. Interior doors and skirting, wardrobes in white lacquered wood. Sanitana fittings and taps in the bathrooms. The white lacquered kitchen is equipped with an induction hob, microwave, extractor fan, dishwasher, washing machine and Teka combi. Sanitary water heating via solar panels, complemented by electric resistance. #ref: 60505
Just a few minutes' walk from the Ria Formosa, in Cabanas, you'll find this 2-bedroom flat in a modern building with straight-lined architecture, already finished and ready to be deeded. This space offers a lounge and an open-plan kitchen with an area of over 40m2, the latter is fully equipped. The 2 bedrooms have areas of 14.34m2 and 14.86m2, all two with fitted wardrobes and one with a private bathroom with shower. The balcony of the entire flat has a total area of 15.94m2, facing west so you can enjoy the Algarvian sun. There is also a parking space in the garage and a patio with a 30m2 swimming pool, facing west. Traditional masonry construction with 8 cm thick insulation (capoto). Thermally-cut aluminium window frames with 6mm toughened + 6mm tempered low-emissive double glazing. Planitherm Ultra N, electric thermal blinds. False plasterboard ceilings with recessed LED downlights, bedrooms and living room with floating oak flooring of resistance class - AC4. Interior doors and skirting, wardrobes in white lacquered wood. Sanitana fittings and taps in the bathrooms. The white lacquered kitchen is equipped with an induction hob, microwave, extractor fan, dishwasher, washing machine and Teka combi. Sanitary water heating via solar panels, complemented by electric resistance. #ref: 60505
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Currency Exchange
Tavira, 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 €385,000 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 |
|---|---|---|---|
| €385,000 | £327,516 | £337,041 | £9,525 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £327,516 |
| Maximum cost in the last six months | £337,041 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,525 |
Tavira, 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 €385,000 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 |
|---|---|---|---|
| €385,000 | £327,516 | £337,041 | £9,525 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £327,516 |
| Maximum cost in the last six months | £337,041 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,525 |
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 £9,525 more.
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