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Apartment | T1 | Elevator | Bom João - Faro | Investment or Housing Opportunity
Faro, Faro, Portugal, 8000-339
REF: 953245
€160,000
Description
1 bedroom apartment with 57m , located in Bom João, in Faro, offers an excellent opportunity for those who value comfort and convenience. The intelligent layout of the spaces and the excellent natural light create a welcoming and versatile environment. The building has elevators, ensuring accessibility and convenience. The large, well-lit living room provides a pleasant space to relax and receive visitors. The functional kitchen allows for good use of space and can be easily adapted to the personal taste of the future owner. The spacious bedroom offers comfort and tranquility, while the complete bathroom complements the practicality of the apartment. Furthermore, the location is a major differentiator, being close to all essential services, such as supermarkets, pharmacies, schools, public transport and leisure areas, making everyday life more practical and accessible. Opportunity for Investment or Own Housing If you are looking for a property with this potential and in a privileged location, this could be the right choice for you! Get in touch for more information or to schedule a visit! Telma Guerreiro 📞 351 919 570 852
1 bedroom apartment with 57m , located in Bom João, in Faro, offers an excellent opportunity for those who value comfort and convenience. The intelligent layout of the spaces and the excellent natural light create a welcoming and versatile environment. The building has elevators, ensuring accessibility and convenience. The large, well-lit living room provides a pleasant space to relax and receive visitors. The functional kitchen allows for good use of space and can be easily adapted to the personal taste of the future owner. The spacious bedroom offers comfort and tranquility, while the complete bathroom complements the practicality of the apartment. Furthermore, the location is a major differentiator, being close to all essential services, such as supermarkets, pharmacies, schools, public transport and leisure areas, making everyday life more practical and accessible. Opportunity for Investment or Own Housing If you are looking for a property with this potential and in a privileged location, this could be the right choice for you! Get in touch for more information or to schedule a visit! Telma Guerreiro 📞 351 919 570 852
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Currency Exchange
Faro, Faro, Portugal, 8000-339
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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £138,894 | £7,070 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,070 |
Faro, Faro, Portugal, 8000-339
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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £138,894 | £7,070 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,070 |
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 £7,070 more.
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