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A very interesting apartment with a fantastic sun exposure, location and investment potential with good returns
Portimão, Faro, Portugal
REF: 758313
€173,000
Description
A very interesting apartment with a fantastic sun exposure, location and investment potential with good returns. This is an elevated first floor apartment, orientated entirely east-south and ready to move immediately. On entrance, the first impact is the natural light that flooded the whole flat. In the bedroom there is a large wardrobe with plenty of storage space. A corridor joins the hall, passing the full bathroom. We come to the large living room, with huge doors onto the balcony, which invites you to have breakfast or relax in the late afternoon. In the fully-equipped kitchen, another large window. The sea is about 150 metres away - Praia da Rocha !! There are all kinds of services in the immediate vicinity to support daily life for permanent or seasonal residents. A good investment! Book a visit to explore this property in person and experience its potential. Refª iad Portugal 109050 *At IAD we share business with any consultant or estate agency with AMI. If you are a professional in the sector and have a qualified buyer client, contact me and arrange a visit. We promote your property on more than 200 international property portals in more than 60 countries. #ref: 109050
A very interesting apartment with a fantastic sun exposure, location and investment potential with good returns. This is an elevated first floor apartment, orientated entirely east-south and ready to move immediately. On entrance, the first impact is the natural light that flooded the whole flat. In the bedroom there is a large wardrobe with plenty of storage space. A corridor joins the hall, passing the full bathroom. We come to the large living room, with huge doors onto the balcony, which invites you to have breakfast or relax in the late afternoon. In the fully-equipped kitchen, another large window. The sea is about 150 metres away - Praia da Rocha !! There are all kinds of services in the immediate vicinity to support daily life for permanent or seasonal residents. A good investment! Book a visit to explore this property in person and experience its potential. Refª iad Portugal 109050 *At IAD we share business with any consultant or estate agency with AMI. If you are a professional in the sector and have a qualified buyer client, contact me and arrange a visit. We promote your property on more than 200 international property portals in more than 60 countries. #ref: 109050
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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 €173,000 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 |
|---|---|---|---|
| €173,000 | £147,169 | £151,633 | £4,463 |
| Property Price € | €173,000 |
| Minimum cost in the last six months | £147,169 |
| Maximum cost in the last six months | £151,633 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,463 |
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 €173,000 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 |
|---|---|---|---|
| €173,000 | £147,169 | £151,633 | £4,463 |
| Property Price € | €173,000 |
| Minimum cost in the last six months | £147,169 |
| Maximum cost in the last six months | £151,633 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,463 |
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 £4,463 more.
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