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Spacious 1 bedroom Apartment in Carvoeiro
Lagoa, Faro, Portugal, 8400-558
REF: 760515
€265,000
Description
This is a great apartment for investment or indeed for permanent living, Situated on the the popular Quinta do Paraiso resort in Carvoeiro. The resort is very well maintained with manicured gardens and a large swimming pool. The resort is close to all amenities bars, restaurants and shopping. Some of the best beaches in the Algarve are just a short drive away. You also have several golf courses nearby and the popular Tennis Club. This first floor apartment is very spacious with an entrance hall. There is a large separate kitchen with a serving hatch to the living room. The living room is again very spacious with doors opening onto the balcony that overlooks the swimming pool. Off of the entrance hall you have the main bathroom. The bedroom also has an en-suite bathroom. The apartment has air-conditioning and solar panels. Plenty of storage and enough space to allow extra sleeping in the living room. The property also benefits from outside parking. Spacious living / dining roomLarge kitchenBedroom with en-suite bathroomFront terrace and rear balconyAir-conditioningParkingSwimming PoolThis apartment offers excellent rental potential and the perfect turnkey property. Contact me to arrange your visit.
This is a great apartment for investment or indeed for permanent living, Situated on the the popular Quinta do Paraiso resort in Carvoeiro. The resort is very well maintained with manicured gardens and a large swimming pool. The resort is close to all amenities bars, restaurants and shopping. Some of the best beaches in the Algarve are just a short drive away. You also have several golf courses nearby and the popular Tennis Club. This first floor apartment is very spacious with an entrance hall. There is a large separate kitchen with a serving hatch to the living room. The living room is again very spacious with doors opening onto the balcony that overlooks the swimming pool. Off of the entrance hall you have the main bathroom. The bedroom also has an en-suite bathroom. The apartment has air-conditioning and solar panels. Plenty of storage and enough space to allow extra sleeping in the living room. The property also benefits from outside parking. Spacious living / dining roomLarge kitchenBedroom with en-suite bathroomFront terrace and rear balconyAir-conditioningParkingSwimming PoolThis apartment offers excellent rental potential and the perfect turnkey property. Contact me to arrange your visit.
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Currency Exchange
Lagoa, Faro, Portugal, 8400-558
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 €265,000 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 |
|---|---|---|---|
| €265,000 | £225,433 | £232,283 | £6,850 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £225,433 |
| Maximum cost in the last six months | £232,283 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,850 |
Lagoa, Faro, Portugal, 8400-558
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 €265,000 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 |
|---|---|---|---|
| €265,000 | £225,433 | £232,283 | £6,850 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £225,433 |
| Maximum cost in the last six months | £232,283 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,850 |
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 £6,850 more.
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