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Fantastic apartment in a residential area where the sea and mountain views come together perfectly
Olhão, Faro, Portugal
REF: 814931
€370,000
Description
Fantastic apartment in a residential area where the sea and mountain views come together perfectly. Comprising three bedrooms, one en suite, all with generous balconies with mountain views. A very large living room with direct access to a fantastic 20 m2 terrace with a breathtaking view over the Ria Formosa. Double-glazed windows, built-in closets, electric shutters, a fully equipped kitchen, natural gas for water heating and a hob for cooking food, standard air conditioning in the living room and dining room and pre-installation in the other rooms, a closed parking space, video intercom and an elevator to access the floors and garage. Olhão is undoubtedly an area in high demand, both for housing and for rentals. The property you're looking for could be just a click away. Don't hesitate to contact me, I'll be happy to help. Condominium: 38,12 IMI: 479 WANT TO KNOW MORE ABOUT US? iad is a growing digital real estate network in Europe, with more than 14,000 consultants. Last year, it achieved a turnover of 278 million euros and is expected to exceed 350 million this year. iad's business model combines real estate, web and network marketing, allowing entrepreneurs to create their own digital real estate businesses. iad has revolutionized the real estate market by adopting digital processes and eliminating the need for physical visits to real estate agencies. The company has shown resilience during the pandemic and continues to attract entrepreneurs in several countries, including Portugal, France, Spain, Italy, Germany and Mexico. iad has been at the forefront of the sector, predicting the future since 2008. #ref: 116632
Fantastic apartment in a residential area where the sea and mountain views come together perfectly. Comprising three bedrooms, one en suite, all with generous balconies with mountain views. A very large living room with direct access to a fantastic 20 m2 terrace with a breathtaking view over the Ria Formosa. Double-glazed windows, built-in closets, electric shutters, a fully equipped kitchen, natural gas for water heating and a hob for cooking food, standard air conditioning in the living room and dining room and pre-installation in the other rooms, a closed parking space, video intercom and an elevator to access the floors and garage. Olhão is undoubtedly an area in high demand, both for housing and for rentals. The property you're looking for could be just a click away. Don't hesitate to contact me, I'll be happy to help. Condominium: 38,12 IMI: 479 WANT TO KNOW MORE ABOUT US? iad is a growing digital real estate network in Europe, with more than 14,000 consultants. Last year, it achieved a turnover of 278 million euros and is expected to exceed 350 million this year. iad's business model combines real estate, web and network marketing, allowing entrepreneurs to create their own digital real estate businesses. iad has revolutionized the real estate market by adopting digital processes and eliminating the need for physical visits to real estate agencies. The company has shown resilience during the pandemic and continues to attract entrepreneurs in several countries, including Portugal, France, Spain, Italy, Germany and Mexico. iad has been at the forefront of the sector, predicting the future since 2008. #ref: 116632
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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 €370,000 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 |
|---|---|---|---|
| €370,000 | £314,755 | £324,301 | £9,546 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £314,755 |
| Maximum cost in the last six months | £324,301 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,546 |
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 €370,000 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 |
|---|---|---|---|
| €370,000 | £314,755 | £324,301 | £9,546 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £314,755 |
| Maximum cost in the last six months | £324,301 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,546 |
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 £9,546 more.
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