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Duplex Apartment - Ground Floor + 3 Floors under Construction for Sale in Monte Gordo, just 200m from the Beach DUPLEX WITH A TOTAL GROSS AREA OF 101
Monte Gordo, Faro, Portugal
REF: 934187
€380,000
Description
Duplex Apartment - Ground Floor + 3 Floors under Construction for Sale in Monte Gordo, just 200m from the Beach DUPLEX WITH A TOTAL GROSS AREA OF 101.32sqm 1st LEVEL Living room and kitchen in open-plan layout 1 bathroom 1 bedroom 2 balconies: one measuring 5.72sqm facing west and the other 3.24sqm facing north 2nd LEVEL 2 bedrooms 1 bathroom L-shaped corner terrace of 13.28sqm, facing west and north Each apartment includes: Kitchen equipped with induction hob, oven, and extractor fan Solar water heater Pre-installation for air conditioning Electric shutters Estimated completion date: March 2026 Payment terms: 25% upon signing the promissory purchase and sale agreement 25% upon completion of masonry Remaining balance at the final deed Don't miss the opportunity to own the home that offers you the quality of life you deserve! Contact us today and schedule your visit! Casas do Sotavento is here to assist you throughout the entire processfrom selling your current property, if applicable, to purchasing your new home, even if financing is required.
Duplex Apartment - Ground Floor + 3 Floors under Construction for Sale in Monte Gordo, just 200m from the Beach DUPLEX WITH A TOTAL GROSS AREA OF 101.32sqm 1st LEVEL Living room and kitchen in open-plan layout 1 bathroom 1 bedroom 2 balconies: one measuring 5.72sqm facing west and the other 3.24sqm facing north 2nd LEVEL 2 bedrooms 1 bathroom L-shaped corner terrace of 13.28sqm, facing west and north Each apartment includes: Kitchen equipped with induction hob, oven, and extractor fan Solar water heater Pre-installation for air conditioning Electric shutters Estimated completion date: March 2026 Payment terms: 25% upon signing the promissory purchase and sale agreement 25% upon completion of masonry Remaining balance at the final deed Don't miss the opportunity to own the home that offers you the quality of life you deserve! Contact us today and schedule your visit! Casas do Sotavento is here to assist you throughout the entire processfrom selling your current property, if applicable, to purchasing your new home, even if financing is required.
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Currency Exchange
Monte Gordo, 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 €380,000 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 |
|---|---|---|---|
| €380,000 | £313,637 | £329,874 | £16,237 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £313,637 |
| Maximum cost in the last six months | £329,874 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,237 |
Monte Gordo, 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 €380,000 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 |
|---|---|---|---|
| €380,000 | £313,637 | £329,874 | £16,237 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £313,637 |
| Maximum cost in the last six months | £329,874 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,237 |
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 £16,237 more.
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