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Wonderful 3-bedroom apartment located in downtown Olhão
Olhão, Faro, Portugal
REF: 788958
€280,000
Description
Wonderful 3-bedroom apartment located in downtown Olhão. Close to all the services you need on a daily basis and a 2-minute walk from the pier to the wonderful islands of the Ria Formosa. The apartment's location also allows you to enjoy pleasant strolls in downtown Olhão and the marina, as well as shopping in the city's historic squares without having to use a car. Located on the ground floor, the apartment has three bedrooms with built-in closets, one of which is en suite with access to one of the marquees. It also has a large (independent) equipped and furnished kitchen, and a pantry/laundry room with a 200-liter water heater. There is also a spacious living/dining room. There is an extra built-in closet in the hallway, ideal for storage. This property also has a shared bathroom with a bathtub. The rooms in the apartment have good areas and all have air-conditioning and plenty of natural light. The window frames have double glazing, thermal and electric shutters. Condominium: 48.07 (monthly) Don't miss this opportunity to see this charming apartment in the heart of the beautiful city of Olhão. Get in touch! #ref: 111978
Wonderful 3-bedroom apartment located in downtown Olhão. Close to all the services you need on a daily basis and a 2-minute walk from the pier to the wonderful islands of the Ria Formosa. The apartment's location also allows you to enjoy pleasant strolls in downtown Olhão and the marina, as well as shopping in the city's historic squares without having to use a car. Located on the ground floor, the apartment has three bedrooms with built-in closets, one of which is en suite with access to one of the marquees. It also has a large (independent) equipped and furnished kitchen, and a pantry/laundry room with a 200-liter water heater. There is also a spacious living/dining room. There is an extra built-in closet in the hallway, ideal for storage. This property also has a shared bathroom with a bathtub. The rooms in the apartment have good areas and all have air-conditioning and plenty of natural light. The window frames have double glazing, thermal and electric shutters. Condominium: 48.07 (monthly) Don't miss this opportunity to see this charming apartment in the heart of the beautiful city of Olhão. Get in touch! #ref: 111978
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Currency Exchange
Olhão, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £238,193 | £245,417 | £7,224 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £238,193 |
| Maximum cost in the last six months | £245,417 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,224 |
Olhão, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £238,193 | £245,417 | £7,224 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £238,193 |
| Maximum cost in the last six months | £245,417 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,224 |
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 £7,224 more.
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