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2 bedroom apartment, located in a quiet residential area, in the center of Loulé, close to all facilities and services (schools, pharmacies, shopping areas, restaurants,
Loulé, Faro, Portugal
REF: 793439
€185,000
Description
2 bedroom apartment, located in a quiet residential area, in the center of Loulé, close to all facilities and services (schools, pharmacies, shopping areas, restaurants,...). The apartment is located on the 1st floor of an 8-storey building, with two elevators. It consists of an equipped kitchen with access to a sunroom, a large living room, 2 bedrooms with built-in wardrobes, 2 bathrooms, one with a bathtub and the other with a shower. Noteworthy is the existence of a built-in closet in the hallway leading to the bedrooms, which provides plenty of storage. The entire apartment has plenty of natural light, facing west. The surrounding area is surrounded by free parking areas. With the continuous development of the Municipality of Loulé and the increasing demand for properties in this region, investing in the city center can offer good potential for long-term property appreciation, which makes this apartment not only an excellent option for housing but also for investment. Schedule your visit now! #ref: 112870
2 bedroom apartment, located in a quiet residential area, in the center of Loulé, close to all facilities and services (schools, pharmacies, shopping areas, restaurants,...). The apartment is located on the 1st floor of an 8-storey building, with two elevators. It consists of an equipped kitchen with access to a sunroom, a large living room, 2 bedrooms with built-in wardrobes, 2 bathrooms, one with a bathtub and the other with a shower. Noteworthy is the existence of a built-in closet in the hallway leading to the bedrooms, which provides plenty of storage. The entire apartment has plenty of natural light, facing west. The surrounding area is surrounded by free parking areas. With the continuous development of the Municipality of Loulé and the increasing demand for properties in this region, investing in the city center can offer good potential for long-term property appreciation, which makes this apartment not only an excellent option for housing but also for investment. Schedule your visit now! #ref: 112870
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Currency Exchange
Loulé, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £157,378 | £161,955 | £4,577 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £157,378 |
| Maximum cost in the last six months | £161,955 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,577 |
Loulé, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £157,378 | £161,955 | £4,577 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £157,378 |
| Maximum cost in the last six months | £161,955 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,577 |
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 £4,577 more.
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