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House of contemporary construction, where design meets comfort allowing you to enjoy every moment to the full
Faro, Faro, Portugal
REF: 585500
€630,000
Description
House of contemporary construction, where design meets comfort allowing you to enjoy every moment to the full. This villa consists of three floors, in which we find the social area separately throughout the ground floor, with the living room and kitchen in open-space, connected to the outside by a balcony and access to the swimming pool, which will allow you to social conviviality. On the first floor, the entire private area with the rooms. In the basement you will find two rooms and WC and access to the balcony/garden. Inserted in a new growth area, quiet and close to all conveniences such as Airport, Beach, University, Hospital, Supermarkets, Kindergartens and Services. Here you will find the tranquility you need combined with comfort and refinement, in a high quality construction and new generation finishes. #ref: 79751
House of contemporary construction, where design meets comfort allowing you to enjoy every moment to the full. This villa consists of three floors, in which we find the social area separately throughout the ground floor, with the living room and kitchen in open-space, connected to the outside by a balcony and access to the swimming pool, which will allow you to social conviviality. On the first floor, the entire private area with the rooms. In the basement you will find two rooms and WC and access to the balcony/garden. Inserted in a new growth area, quiet and close to all conveniences such as Airport, Beach, University, Hospital, Supermarkets, Kindergartens and Services. Here you will find the tranquility you need combined with comfort and refinement, in a high quality construction and new generation finishes. #ref: 79751
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Currency Exchange
Faro, 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 €630,000 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 |
|---|---|---|---|
| €630,000 | £535,935 | £552,189 | £16,254 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £535,935 |
| Maximum cost in the last six months | £552,189 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,254 |
Faro, 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 €630,000 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 |
|---|---|---|---|
| €630,000 | £535,935 | £552,189 | £16,254 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £535,935 |
| Maximum cost in the last six months | £552,189 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,254 |
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 £16,254 more.
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