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Central 3 bedroom apartment with garage box in Portimão - Algarve
Portimão, Faro, Portugal, 8500-722
REF: 798259
€325,000
Description
Excellent 3-bedroom apartment in a gated community in the city center, close to all amenities and services, including Portimonense Stadium, tennis and paddle tennis courts, restaurants, Zona Ribeirinha, supermarket, Town Hall, Emarp, Municipal Market and Health Center. All just a short walk away. In addition to this central location, there is a generous 42m2 garage box and a parking space in the basement. This apartment, on the 7th floor and top floor, comprises: - Entrance hall with corridor and large closet, - Service bathroom with shower - Utility room to support the kitchen - Fully-equipped kitchen with enclosed balcony and dining room counter - Living and dining room with generous area, air conditioning and balcony - 3 bedrooms with built-in closets. One of which is en suite with hydromassage bath, air conditioning and balcony. For permanent residence or for renting out, it will always be a great investment. Come and visit this apartment.
Excellent 3-bedroom apartment in a gated community in the city center, close to all amenities and services, including Portimonense Stadium, tennis and paddle tennis courts, restaurants, Zona Ribeirinha, supermarket, Town Hall, Emarp, Municipal Market and Health Center. All just a short walk away. In addition to this central location, there is a generous 42m2 garage box and a parking space in the basement. This apartment, on the 7th floor and top floor, comprises: - Entrance hall with corridor and large closet, - Service bathroom with shower - Utility room to support the kitchen - Fully-equipped kitchen with enclosed balcony and dining room counter - Living and dining room with generous area, air conditioning and balcony - 3 bedrooms with built-in closets. One of which is en suite with hydromassage bath, air conditioning and balcony. For permanent residence or for renting out, it will always be a great investment. Come and visit this apartment.
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Currency Exchange
Portimão, Faro, Portugal, 8500-722
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 €325,000 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 |
|---|---|---|---|
| €325,000 | £276,474 | £284,876 | £8,401 |
| Property Price € | €325,000 |
| Minimum cost in the last six months | £276,474 |
| Maximum cost in the last six months | £284,876 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,401 |
Portimão, Faro, Portugal, 8500-722
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 €325,000 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 |
|---|---|---|---|
| €325,000 | £276,474 | £284,876 | £8,401 |
| Property Price € | €325,000 |
| Minimum cost in the last six months | £276,474 |
| Maximum cost in the last six months | £284,876 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,401 |
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 £8,401 more.
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