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Imagine a seaside retreat, where the golden rays of the sun dance over the blue waters of the Atlantic, painting a scene of serenity and beauty
Portimão, Faro, Portugal
REF: 818360
€230,000
Description
Imagine a seaside retreat, where the golden rays of the sun dance over the blue waters of the Atlantic, painting a scene of serenity and beauty. This 1-bedroom apartment located on the 6th floor, with sea views, 2 minutes from Praia dos 3 castelos, nestled in the picturesque city of Portimão, Algarve, is more than just an address, it is an invitation to immerse yourself in the invigorating essence of the Portuguese coast. Upon entering the entrance hall, you will find a large living and dining room with access to 2 balconies with sea views, where you can enjoy your meals. The bedroom also has a sea view and has a built-in wardrobe. Fully equipped kitchen, where you can unleash your culinary creativity as inspiration for the sea view. -Bathroom with bathtub -Air conditioning (living room) -The Amarílis club has a 24-hour reception, swimming pool, tennis court, restaurant, gym and green spaces. When night falls, the surrounding area comes alive with a variety of entertainment options. Beachfront restaurants while lively bars invite you to enjoy refreshing cocktails while admiring the nighttime views. Come visit, before it's too late! #ref: 117295
Imagine a seaside retreat, where the golden rays of the sun dance over the blue waters of the Atlantic, painting a scene of serenity and beauty. This 1-bedroom apartment located on the 6th floor, with sea views, 2 minutes from Praia dos 3 castelos, nestled in the picturesque city of Portimão, Algarve, is more than just an address, it is an invitation to immerse yourself in the invigorating essence of the Portuguese coast. Upon entering the entrance hall, you will find a large living and dining room with access to 2 balconies with sea views, where you can enjoy your meals. The bedroom also has a sea view and has a built-in wardrobe. Fully equipped kitchen, where you can unleash your culinary creativity as inspiration for the sea view. -Bathroom with bathtub -Air conditioning (living room) -The Amarílis club has a 24-hour reception, swimming pool, tennis court, restaurant, gym and green spaces. When night falls, the surrounding area comes alive with a variety of entertainment options. Beachfront restaurants while lively bars invite you to enjoy refreshing cocktails while admiring the nighttime views. Come visit, before it's too late! #ref: 117295
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Currency Exchange
Portimão, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,349 | £5,690 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,690 |
Portimão, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,349 | £5,690 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,690 |
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 £5,690 more.
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