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This wonderful 1-bedroom apartment is located in a privileged and quiet area in Altura with great sun exposure, which gives it excellent light
Castro Marim, Faro, Portugal
REF: 741516
€217,500
Description
This wonderful 1-bedroom apartment is located in a privileged and quiet area in Altura with great sun exposure, which gives it excellent light. Built in 1991, this apartment is on the 3rd floor of a building with elevator, approximately 10 minutes walk from Altura Beach and close to all services (schools, health center, supermarket, etc.). The apartment has an equipped kitchen with access to a large living room equipped with air conditioning and access to a balcony with open views to the south and partial sea views with excellent sun exposure. The hall gives access to the bathroom with bathtub and a spacious bedroom with a large window that gives plenty of natural light, and is equipped with air conditioning. Created in France in 2008, iad was born from an innovative model that expands the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and completed businesses. Iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, guaranteeing you personalized support at every stage of the process and a quality service at the best price. #ref: 105609
This wonderful 1-bedroom apartment is located in a privileged and quiet area in Altura with great sun exposure, which gives it excellent light. Built in 1991, this apartment is on the 3rd floor of a building with elevator, approximately 10 minutes walk from Altura Beach and close to all services (schools, health center, supermarket, etc.). The apartment has an equipped kitchen with access to a large living room equipped with air conditioning and access to a balcony with open views to the south and partial sea views with excellent sun exposure. The hall gives access to the bathroom with bathtub and a spacious bedroom with a large window that gives plenty of natural light, and is equipped with air conditioning. Created in France in 2008, iad was born from an innovative model that expands the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and completed businesses. Iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, guaranteeing you personalized support at every stage of the process and a quality service at the best price. #ref: 105609
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Currency Exchange
Castro Marim, 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 €217,500 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 |
|---|---|---|---|
| €217,500 | £185,025 | £190,647 | £5,622 |
| Property Price € | €217,500 |
| Minimum cost in the last six months | £185,025 |
| Maximum cost in the last six months | £190,647 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,622 |
Castro Marim, 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 €217,500 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 |
|---|---|---|---|
| €217,500 | £185,025 | £190,647 | £5,622 |
| Property Price € | €217,500 |
| Minimum cost in the last six months | £185,025 |
| Maximum cost in the last six months | £190,647 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,622 |
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 £5,622 more.
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