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PORTUGAL - ALGARVE - MONTE GORDO Very nice studio on the 1st floor with elevator in a property located on the first line facing the magnificent beach of Monte Gordo
Vila Real de Santo António, Faro, Portugal
REF: 721499
€175,000
Description
PORTUGAL - ALGARVE - MONTE GORDO Very nice studio on the 1st floor with elevator in a property located on the first line facing the magnificent beach of Monte Gordo. The apartment in very good condition is fully equipped and includes an entrance hall, living/dining room, kitchen area and American bar, sleeping area with built-in cupboards, bathroom and a very pleasant balcony. This apartment offers a very pleasant living space, its extraordinary location close to the beach makes it a rare pearl! From the common terrace you will have a breathtaking view of the embankment and the magnificent beach of Monte Gordo. The apartment is sold fully furnished. Features : Elevator Equipped kitchen This little paradise allows you to enjoy the beach, all its nautical and sports activities, to rest... It offers you easy access to the most diverse facilities and services, supermarkets, restaurants, cafes, banks, pharmacies... It is 10 minutes from the golf courses of Sotavento Algarve and 10 minutes from Spain. Faro International Airport is 45 minutes away. It is an ideal investment, to rent, or to live there! iad is a network of independent real estate advisers based on a totally innovative model that breaks with the traditional concept of real estate mediation. What are 21st century customers looking for when deciding to buy, rent or sell a property? You are looking for a complete, simple and competitive service. This is what we offer at iad. We support you throughout the purchase process, until the final public deed, thus ensuring a smooth and stress-free transaction. Book your visit now and come see this apartment! #ref: 101441
PORTUGAL - ALGARVE - MONTE GORDO Very nice studio on the 1st floor with elevator in a property located on the first line facing the magnificent beach of Monte Gordo. The apartment in very good condition is fully equipped and includes an entrance hall, living/dining room, kitchen area and American bar, sleeping area with built-in cupboards, bathroom and a very pleasant balcony. This apartment offers a very pleasant living space, its extraordinary location close to the beach makes it a rare pearl! From the common terrace you will have a breathtaking view of the embankment and the magnificent beach of Monte Gordo. The apartment is sold fully furnished. Features : Elevator Equipped kitchen This little paradise allows you to enjoy the beach, all its nautical and sports activities, to rest... It offers you easy access to the most diverse facilities and services, supermarkets, restaurants, cafes, banks, pharmacies... It is 10 minutes from the golf courses of Sotavento Algarve and 10 minutes from Spain. Faro International Airport is 45 minutes away. It is an ideal investment, to rent, or to live there! iad is a network of independent real estate advisers based on a totally innovative model that breaks with the traditional concept of real estate mediation. What are 21st century customers looking for when deciding to buy, rent or sell a property? You are looking for a complete, simple and competitive service. This is what we offer at iad. We support you throughout the purchase process, until the final public deed, thus ensuring a smooth and stress-free transaction. Book your visit now and come see this apartment! #ref: 101441
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Currency Exchange
Vila Real de Santo António, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £148,871 | £153,395 | £4,524 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £148,871 |
| Maximum cost in the last six months | £153,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,524 |
Vila Real de Santo António, 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 €175,000 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 |
|---|---|---|---|
| €175,000 | £148,871 | £153,395 | £4,524 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £148,871 |
| Maximum cost in the last six months | £153,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,524 |
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 £4,524 more.
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