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Four-bedroom apartment, two en suite, with generous areas, set in an exclusive contemporary architecture development, in a gated community, combining luxury with tranquillity
Albufeira, Faro, Portugal
REF: 588177
€760,000
Description
Four-bedroom apartment, two en suite, with generous areas, set in an exclusive contemporary architecture development, in a gated community, combining luxury with tranquillity. This corner apartment, on the upper ground floor, has a total area of 215.40 m2, including a 46 m2 balcony. Located in the city centre and in a residential area, it is close to all amenities, such as schools, supermarkets, hospitals, the city sports park, library, restaurants, etc. This development stands out for its generous areas, with high-quality construction and materials and good taste. This development also has a private garage with 3 parking spaces, a swimming pool and a garden. It has an east/south orientation, the sea and beaches are just over 1 km away and it is an excellent area to live in, with supermarkets, banks and various shops within walking distance. At IAD, we share business with any real estate agent with an AMI licence. We have a virtual showcase of our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or would like to schedule an in-person or virtual visit. #ref: 80108
Four-bedroom apartment, two en suite, with generous areas, set in an exclusive contemporary architecture development, in a gated community, combining luxury with tranquillity. This corner apartment, on the upper ground floor, has a total area of 215.40 m2, including a 46 m2 balcony. Located in the city centre and in a residential area, it is close to all amenities, such as schools, supermarkets, hospitals, the city sports park, library, restaurants, etc. This development stands out for its generous areas, with high-quality construction and materials and good taste. This development also has a private garage with 3 parking spaces, a swimming pool and a garden. It has an east/south orientation, the sea and beaches are just over 1 km away and it is an excellent area to live in, with supermarkets, banks and various shops within walking distance. At IAD, we share business with any real estate agent with an AMI licence. We have a virtual showcase of our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or would like to schedule an in-person or virtual visit. #ref: 80108
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Currency Exchange
Albufeira, 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 €760,000 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 |
|---|---|---|---|
| €760,000 | £626,164 | £659,748 | £33,584 |
| Property Price € | €760,000 |
| Minimum cost in the last six months | £626,164 |
| Maximum cost in the last six months | £659,748 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,584 |
Albufeira, 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 €760,000 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 |
|---|---|---|---|
| €760,000 | £626,164 | £659,748 | £33,584 |
| Property Price € | €760,000 |
| Minimum cost in the last six months | £626,164 |
| Maximum cost in the last six months | £659,748 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,584 |
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 £33,584 more.
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