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Nomad Bay Carvoeiro apartments
Lagoa, Faro, Portugal, 8400
REF: 792924
€450,000
Description
In the picturesque village of Carvoeiro, nestled along the stunning coastline of the Algarve, life unfolds with a tranquility and charm that captivates all who visit. From the golden sands of its pristine beaches to the quaint cobblestone streets adorned with colorful bougainvillea, Carvoeiro embraces visitors in its warm embrace, offering a haven of beauty and serenity amidst the azure waters of the Atlantic Ocean. In Carvoeiro, just a few minutes from the beach and close to golf courses and Faro International Airport, the new Nomad Bay Algarve Resort presents 74 apartments with stunning views and privacy. Each apartment has a functional design, high end finishes, and features spacious private terraces. It offers one to three-bedroom options and areas ranging from 56 to 138 square meters.
The project provides a range of services, including a shuttle to the beach, swimming pools, a restaurant and bar, a gym, parking facilities, and a 24-hour reception/security. This marks the birth of a new peace of paradise.
In the picturesque village of Carvoeiro, nestled along the stunning coastline of the Algarve, life unfolds with a tranquility and charm that captivates all who visit. From the golden sands of its pristine beaches to the quaint cobblestone streets adorned with colorful bougainvillea, Carvoeiro embraces visitors in its warm embrace, offering a haven of beauty and serenity amidst the azure waters of the Atlantic Ocean. In Carvoeiro, just a few minutes from the beach and close to golf courses and Faro International Airport, the new Nomad Bay Algarve Resort presents 74 apartments with stunning views and privacy. Each apartment has a functional design, high end finishes, and features spacious private terraces. It offers one to three-bedroom options and areas ranging from 56 to 138 square meters.
The project provides a range of services, including a shuttle to the beach, swimming pools, a restaurant and bar, a gym, parking facilities, and a 24-hour reception/security. This marks the birth of a new peace of paradise.
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Currency Exchange
Lagoa, Faro, Portugal, 8400
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £382,811 | £394,421 | £11,610 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £382,811 |
| Maximum cost in the last six months | £394,421 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,610 |
Lagoa, Faro, Portugal, 8400
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £382,811 | £394,421 | £11,610 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £382,811 |
| Maximum cost in the last six months | £394,421 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,610 |
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 £11,610 more.
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