1-Bedroom Apartment for Sale in Montechoro, Albufeira Excellent investment opportunity! We present this cozy 1-bedroom apartment, located on the ground floor, in a quiet yet central area of Montechoro, Albufeira

Albufeira, Faro, Portugal

For Sale

€170,000

REF: 959837 €170,000


1

1

63 m2

Description

1-Bedroom Apartment for Sale in Montechoro, Albufeira Excellent investment opportunity! We present this cozy 1-bedroom apartment, located on the ground floor, in a quiet yet central area of Montechoro, Albufeira. The property comprises: 1 bright and comfortable bedroom Open-plan living room and kitchen, offering a modern and functional layout Bathroom with bathtub Spacious balcony, perfect for relaxing moments This apartment is a great opportunity both for private residence and for investment, with excellent potential for short or long-term rental due to its privileged location close to shops, services, and the stunning beaches of Albufeira. Don’t miss this unique opportunity. Schedule your visit today! #ref: 140602
1-Bedroom Apartment for Sale in Montechoro, Albufeira Excellent investment opportunity! We present this cozy 1-bedroom apartment, located on the ground floor, in a quiet yet central area of Montechoro, Albufeira. The property comprises: 1 bright and comfortable bedroom Open-plan living room and kitchen, offering a modern and functional layout Bathroom with bathtub Spacious balcony, perfect for relaxing moments This apartment is a great opportunity both for private residence and for investment, with excellent potential for short or long-term rental due to its privileged location close to shops, services, and the stunning beaches of Albufeira. Don’t miss this unique opportunity. Schedule your visit today! #ref: 140602
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Property on Map

#140602

Currency Exchange

Albufeira, 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 €170,000 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
€170,000 £140,063 £147,575 £7,512
Property Price € €170,000
Minimum cost in the last six months £140,063
Maximum cost in the last six months £147,575
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,512

Albufeira, 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 €170,000 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
€170,000 £140,063 £147,575 £7,512
Property Price € €170,000
Minimum cost in the last six months £140,063
Maximum cost in the last six months £147,575
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,512

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 £7,512 more.

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