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Magnificent and spacious 4 bedroom apartment close to Faro city centre, Algarve
Faro, Faro, Portugal, 8000-072
REF: 948401
€595,000
Description
Magnificent and spacious 4 bedroom top floor apartment located close to all amenities and the city centre. Large terrace with wonderful panoramic views. Magnificent and spacious 4 bedroom apartment excellently located close to all amenities and Faro city centre.
Close to the Faro Theatre and the Algarve Forum, about 3/4 minutes on foot. Just 8 km from the airport and Faro Beach.
With 237 sq,n, of built area, this apartment comprises of an entrance hall, one large living/dining room, one spacious fully fitted kitchen, four bedrooms, one of which is en-suite, and two additional full bathrooms. Huge terrace with pergola and a wonderful panoramic view of the city.
The apartment comes equipped with air conditioning and double glazing.
Furthermore it also has private parking space for two cars in the basement.
Excellent investment opportunity.
An ideal apartment for permanent residence or holidays that deserves to be visited.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Magnificent and spacious 4 bedroom top floor apartment located close to all amenities and the city centre. Large terrace with wonderful panoramic views. Magnificent and spacious 4 bedroom apartment excellently located close to all amenities and Faro city centre.
Close to the Faro Theatre and the Algarve Forum, about 3/4 minutes on foot. Just 8 km from the airport and Faro Beach.
With 237 sq,n, of built area, this apartment comprises of an entrance hall, one large living/dining room, one spacious fully fitted kitchen, four bedrooms, one of which is en-suite, and two additional full bathrooms. Huge terrace with pergola and a wonderful panoramic view of the city.
The apartment comes equipped with air conditioning and double glazing.
Furthermore it also has private parking space for two cars in the basement.
Excellent investment opportunity.
An ideal apartment for permanent residence or holidays that deserves to be visited.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Currency Exchange
Faro, Faro, Portugal, 8000-072
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £490,221 | £516,514 | £26,293 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £490,221 |
| Maximum cost in the last six months | £516,514 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,293 |
Faro, Faro, Portugal, 8000-072
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £490,221 | £516,514 | £26,293 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £490,221 |
| Maximum cost in the last six months | £516,514 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,293 |
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 £26,293 more.
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