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1 bedroom apartment in Penha, Faro
Faro, Faro, Portugal, 8005-241
REF: 751134
€179,000
Description
Are you looking for a well-located 1 bedroom apartment in Faro? We have what you are looking for: 1 bedroom apartment renovated in 2023, located in Penha, a quiet residential area in the city of Faro, and consists of a large entrance hall that gives access to: living room, bedroom, kitchen and bathroom. The bedroom has a built-in wardrobe, and in the hall there is also a closet that allows for more storage space. It has a large balcony that gives access to all rooms, with space to install your laundry or have more storage. The apartment is located in a building with 2 entrances that give access to 2 different streets with parking available. This apartment is on the ground floor, elevated with the height of a 1st floor. The apartment was recently completely renovated, and is a great investment to make a profit or even for your own permanent home. Surrounding Area: - University of Algarve - Penha Campus at 500m / Gambelas Campus at 6.6km - Pinheiro e Rosa Secondary School 500m away - Algarve University Hospital 650m - Lidl supermarkets 250m away; Mainland at 800m; Aldi at 850m - Diverse local commerce: mini-markets, restaurants, cafes, bakeries - Miscellaneous services: pharmacy, daycare, elementary school, gym, hairdresser - Faro International Airport 6km - Faro Beach 9km away Book your visit now and don't miss this excellent opportunity. Wilson Soares +351966239178 (call to national mobile network) / Mail: [email protected] At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
Are you looking for a well-located 1 bedroom apartment in Faro? We have what you are looking for: 1 bedroom apartment renovated in 2023, located in Penha, a quiet residential area in the city of Faro, and consists of a large entrance hall that gives access to: living room, bedroom, kitchen and bathroom. The bedroom has a built-in wardrobe, and in the hall there is also a closet that allows for more storage space. It has a large balcony that gives access to all rooms, with space to install your laundry or have more storage. The apartment is located in a building with 2 entrances that give access to 2 different streets with parking available. This apartment is on the ground floor, elevated with the height of a 1st floor. The apartment was recently completely renovated, and is a great investment to make a profit or even for your own permanent home. Surrounding Area: - University of Algarve - Penha Campus at 500m / Gambelas Campus at 6.6km - Pinheiro e Rosa Secondary School 500m away - Algarve University Hospital 650m - Lidl supermarkets 250m away; Mainland at 800m; Aldi at 850m - Diverse local commerce: mini-markets, restaurants, cafes, bakeries - Miscellaneous services: pharmacy, daycare, elementary school, gym, hairdresser - Faro International Airport 6km - Faro Beach 9km away Book your visit now and don't miss this excellent opportunity. Wilson Soares +351966239178 (call to national mobile network) / Mail: [email protected] At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
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Currency Exchange
Faro, Faro, Portugal, 8005-241
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 €179,000 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 |
|---|---|---|---|
| €179,000 | £152,274 | £156,892 | £4,618 |
| Property Price € | €179,000 |
| Minimum cost in the last six months | £152,274 |
| Maximum cost in the last six months | £156,892 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,618 |
Faro, Faro, Portugal, 8005-241
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 €179,000 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 |
|---|---|---|---|
| €179,000 | £152,274 | £156,892 | £4,618 |
| Property Price € | €179,000 |
| Minimum cost in the last six months | £152,274 |
| Maximum cost in the last six months | £156,892 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,618 |
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 £4,618 more.
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