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For sale 1 bedroom flat right in the centre of Faro, just 2 minutes walk from the dock, restaurants, shops, bus station and train station
Faro, Faro, Portugal
REF: 782460
€190,000
Description
For sale 1 bedroom flat right in the centre of Faro, just 2 minutes walk from the dock, restaurants, shops, bus station and train station. If you buy this flat, you'll be able to enjoy beautiful walks around Faro marina and its fine restaurants. This flat underwent a total refurbishment in 2005, in which all the electrics, plumbing, bathroom and kitchen were completely changed. The flat is located on the first floor with a lift. It's an excellent opportunity for investment or as a first home. Don't miss out on this opportunity, book your visit now. iad is a network of independent property consultants based on a fully innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service. That's what we offer at iad. Our consultants are there for you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. We give our consultants the flexibility and autonomy needed to guarantee you personalised support in realising your project, whether it's buying, renting or selling a property. At iad you'll find a property consultant tailored to your needs. #ref: 111424
For sale 1 bedroom flat right in the centre of Faro, just 2 minutes walk from the dock, restaurants, shops, bus station and train station. If you buy this flat, you'll be able to enjoy beautiful walks around Faro marina and its fine restaurants. This flat underwent a total refurbishment in 2005, in which all the electrics, plumbing, bathroom and kitchen were completely changed. The flat is located on the first floor with a lift. It's an excellent opportunity for investment or as a first home. Don't miss out on this opportunity, book your visit now. iad is a network of independent property consultants based on a fully innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service. That's what we offer at iad. Our consultants are there for you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. We give our consultants the flexibility and autonomy needed to guarantee you personalised support in realising your project, whether it's buying, renting or selling a property. At iad you'll find a property consultant tailored to your needs. #ref: 111424
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Currency Exchange
Faro, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £161,631 | £166,533 | £4,902 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £161,631 |
| Maximum cost in the last six months | £166,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,902 |
Faro, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £161,631 | £166,533 | £4,902 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £161,631 |
| Maximum cost in the last six months | £166,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,902 |
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 £4,902 more.
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