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Apartment with an excellent balcony facing south and west, allowing you to enjoy the good climate of the western Algarve
Portimão, Faro, Portugal
REF: 744162
€215,000
Description
Apartment with an excellent balcony facing south and west, allowing you to enjoy the good climate of the western Algarve. IT IS COMPOSED by an entrance hall, bedroom with built-in wardrobe, bathroom with shower tray, remodeled kitchen and spacious open-space living room with plenty of natural light. Air conditioning installed in the bedroom and living room. All windows in aluminum frames with double glazing. IMI value 198/year Condominium fee 19/month Take advantage of the opportunity to purchase this well-located apartment, with good areas and in excellent condition. Easy parking throughout the surrounding area. Located just 1.3km from Torralta beach, Três Irmãos beach and Praínha. Ideal for your holidays or to make a profit, as the area is very touristy, at a distance of 1km from ALVOR. Nearby is the latest Intermarché supermarket, the largest in the area, with take-away, laundry, automatic car wash and gas station. A short distance away is the Hospital Particular do Algarve. Mark your visit! CHOOSE HAPPINESS and quality of life! iad was created in France in 2008, expanded to Portugal in 2015 and is part of the international real estate group, also operating in Spain, Italy, Germany, Mexico, UK and USA. The iad business model allows us to help you carry out your real estate project in any country, promoting a relationship of proximity, professionalism and trust, providing a more competitive service when buying, renting or selling a property. #ref: 106546
Apartment with an excellent balcony facing south and west, allowing you to enjoy the good climate of the western Algarve. IT IS COMPOSED by an entrance hall, bedroom with built-in wardrobe, bathroom with shower tray, remodeled kitchen and spacious open-space living room with plenty of natural light. Air conditioning installed in the bedroom and living room. All windows in aluminum frames with double glazing. IMI value 198/year Condominium fee 19/month Take advantage of the opportunity to purchase this well-located apartment, with good areas and in excellent condition. Easy parking throughout the surrounding area. Located just 1.3km from Torralta beach, Três Irmãos beach and Praínha. Ideal for your holidays or to make a profit, as the area is very touristy, at a distance of 1km from ALVOR. Nearby is the latest Intermarché supermarket, the largest in the area, with take-away, laundry, automatic car wash and gas station. A short distance away is the Hospital Particular do Algarve. Mark your visit! CHOOSE HAPPINESS and quality of life! iad was created in France in 2008, expanded to Portugal in 2015 and is part of the international real estate group, also operating in Spain, Italy, Germany, Mexico, UK and USA. The iad business model allows us to help you carry out your real estate project in any country, promoting a relationship of proximity, professionalism and trust, providing a more competitive service when buying, renting or selling a property. #ref: 106546
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Currency Exchange
Portimão, 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 €215,000 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 |
|---|---|---|---|
| €215,000 | £182,898 | £188,445 | £5,547 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £182,898 |
| Maximum cost in the last six months | £188,445 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,547 |
Portimão, 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 €215,000 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 |
|---|---|---|---|
| €215,000 | £182,898 | £188,445 | £5,547 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £182,898 |
| Maximum cost in the last six months | £188,445 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,547 |
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 £5,547 more.
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