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1+1 bedroom flat for sale in Tunes, with private parking in the basement
Silves, Faro, Portugal
REF: 962192
€325,000
Description
1+1 bedroom flat for sale in Tunes, with private parking in the basement. This property is located on the second floor in the peaceful village of Tunes, in the municipality of Silves, offering comfort and tranquillity. This flat offers you - Entrance hall - Open-plan lounge and kitchen with balcony. - Two bedrooms, one with a built-in wardrobe - One bathroom - Fitted kitchen with separate utility room - Parking space The flat is located in the centre of Tunis, surrounded by shops, restaurants, mini-markets and various services. The railway station is around 500 metres away, the Via do Infante is around 3 kilometres away, the Algarve motorway and access to the A2 motorway to Spain or Lisbon. Guia shopping centre is around 4 kilometres away and the beaches of Albufeira are a 10-minute drive away. An excellent business opportunity. At IAD we can share business with any property marketer, and we have a virtual showcase concept for our properties on more than 200 property portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you'd like to arrange a visit in person or virtually. #ref: 140815
1+1 bedroom flat for sale in Tunes, with private parking in the basement. This property is located on the second floor in the peaceful village of Tunes, in the municipality of Silves, offering comfort and tranquillity. This flat offers you - Entrance hall - Open-plan lounge and kitchen with balcony. - Two bedrooms, one with a built-in wardrobe - One bathroom - Fitted kitchen with separate utility room - Parking space The flat is located in the centre of Tunis, surrounded by shops, restaurants, mini-markets and various services. The railway station is around 500 metres away, the Via do Infante is around 3 kilometres away, the Algarve motorway and access to the A2 motorway to Spain or Lisbon. Guia shopping centre is around 4 kilometres away and the beaches of Albufeira are a 10-minute drive away. An excellent business opportunity. At IAD we can share business with any property marketer, and we have a virtual showcase concept for our properties on more than 200 property portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you'd like to arrange a visit in person or virtually. #ref: 140815
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Currency Exchange
Silves, 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 €325,000 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 |
|---|---|---|---|
| €325,000 | £267,768 | £282,129 | £14,362 |
| Property Price € | €325,000 |
| Minimum cost in the last six months | £267,768 |
| Maximum cost in the last six months | £282,129 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,362 |
Silves, 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 €325,000 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 |
|---|---|---|---|
| €325,000 | £267,768 | £282,129 | £14,362 |
| Property Price € | €325,000 |
| Minimum cost in the last six months | £267,768 |
| Maximum cost in the last six months | £282,129 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,362 |
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 £14,362 more.
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