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3 bedroom apartment - Center of Olhão - Excellent location
Olhão, Faro, Portugal, 8700-140
REF: 782106
€202,500
Description
3 bedroom apartment, located in one of the most sought after residential areas in the city of Olhão, close to all services and commerce. The apartment is located on the 4th floor without elevator, consisting of 3 bedrooms (one en suite), 2 bathrooms, living room with balcony, fully equipped kitchen with balcony. The apartment has two balconies, one of them closed, with good sun exposure, a living room with a balcony and a bedroom facing south, and there is easy parking in the surrounding area. The property is approximately 3 minutes from the city center of Olhão, the municipal market and the boat area that gives access to the beach. Its excellent location allows you to carry out your day without using the car, as there are public schools in the surrounding area, pharmacy, cafes, restaurants, ready-to-eat restaurants, pastry shops and other services. Excellent opportunity for both own housing and investment
3 bedroom apartment, located in one of the most sought after residential areas in the city of Olhão, close to all services and commerce. The apartment is located on the 4th floor without elevator, consisting of 3 bedrooms (one en suite), 2 bathrooms, living room with balcony, fully equipped kitchen with balcony. The apartment has two balconies, one of them closed, with good sun exposure, a living room with a balcony and a bedroom facing south, and there is easy parking in the surrounding area. The property is approximately 3 minutes from the city center of Olhão, the municipal market and the boat area that gives access to the beach. Its excellent location allows you to carry out your day without using the car, as there are public schools in the surrounding area, pharmacy, cafes, restaurants, ready-to-eat restaurants, pastry shops and other services. Excellent opportunity for both own housing and investment
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Currency Exchange
Olhão, Faro, Portugal, 8700-140
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 €202,500 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 |
|---|---|---|---|
| €202,500 | £172,265 | £177,499 | £5,235 |
| Property Price € | €202,500 |
| Minimum cost in the last six months | £172,265 |
| Maximum cost in the last six months | £177,499 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,235 |
Olhão, Faro, Portugal, 8700-140
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 €202,500 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 |
|---|---|---|---|
| €202,500 | £172,265 | £177,499 | £5,235 |
| Property Price € | €202,500 |
| Minimum cost in the last six months | £172,265 |
| Maximum cost in the last six months | £177,499 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,235 |
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 £5,235 more.
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