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Apartment Studio with large living and bedroom room with approx
Carvoeiro, Faro, Portugal
REF: 616921
€184,200
Description
Apartment Studio with large living and bedroom room with approx. of 40sqm, located in Gramacho Golf & Resorts - Carvoeiro. The apartment includes the studio bedroom and large living room, 1 bathroom, fully equipped kitchenette, The apartment is on the 1st floor, has a very good and large balcony and faces the pool and sun exposure facing SOUTH. It also has two large pleasant areas with a common outdoor pool, as well as access to the gym and SPA. The apartments are located in a particularly pleasant and quiet area, ideal for relaxing. Common Outdoor Swimming Pool Fully equipped kitchenette 1 bathroom This apartment has many advantages in addition to being located in a Luxury Resort where you have complete security and 24-hour surveillance, day and night. You also have the possibility of handing in your apartment and we are committed to making your investment profitable. We are so confident that we will succeed, that we guarantee a 5% return on your investment during the first 2 years. This apartment is an excellent business opportunity.
Apartment Studio with large living and bedroom room with approx. of 40sqm, located in Gramacho Golf & Resorts - Carvoeiro. The apartment includes the studio bedroom and large living room, 1 bathroom, fully equipped kitchenette, The apartment is on the 1st floor, has a very good and large balcony and faces the pool and sun exposure facing SOUTH. It also has two large pleasant areas with a common outdoor pool, as well as access to the gym and SPA. The apartments are located in a particularly pleasant and quiet area, ideal for relaxing. Common Outdoor Swimming Pool Fully equipped kitchenette 1 bathroom This apartment has many advantages in addition to being located in a Luxury Resort where you have complete security and 24-hour surveillance, day and night. You also have the possibility of handing in your apartment and we are committed to making your investment profitable. We are so confident that we will succeed, that we guarantee a 5% return on your investment during the first 2 years. This apartment is an excellent business opportunity.
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Currency Exchange
Carvoeiro, 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 €184,200 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 |
|---|---|---|---|
| €184,200 | £156,697 | £161,459 | £4,762 |
| Property Price € | €184,200 |
| Minimum cost in the last six months | £156,697 |
| Maximum cost in the last six months | £161,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,762 |
Carvoeiro, 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 €184,200 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 |
|---|---|---|---|
| €184,200 | £156,697 | £161,459 | £4,762 |
| Property Price € | €184,200 |
| Minimum cost in the last six months | £156,697 |
| Maximum cost in the last six months | £161,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,762 |
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 £4,762 more.
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