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Located in the prestigious area of Vilamoura, on Rua dos Estados Unidos, in the Gold Mar building, this two-bedroom flat on the 5th floor with lift is an excellent opportunity for those looking to invest, renovate or enjoy a holiday property in the heart of the Algarve
Loulé, Faro, Portugal
REF: 965536
€285,000
Description
Located in the prestigious area of Vilamoura, on Rua dos Estados Unidos, in the Gold Mar building, this two-bedroom flat on the 5th floor with lift is an excellent opportunity for those looking to invest, renovate or enjoy a holiday property in the heart of the Algarve. With a total area of 98m², the flat comprises two bedrooms, a bright living room, functional kitchen and two bathrooms. All the rooms have private balconies, providing abundant natural light and pleasant outdoor spaces with views. This property benefits from good areas and is in original condition, thus offering excellent potential for renovation and appreciation - ideal for tourist rentals, holiday homes or resale after refurbishment. With a swimming pool and parking available in front of the building, it guarantees the total conditions necessary for a good investment. The central location allows easy access to the beaches, marina, golf courses and all the services in the area. Main features: * 2 bedrooms * Spacious and bright lounge * Kitchen * 2 bathrooms * Balconies in all rooms * 5th floor with lift * 98m² of living space * Swimming pool in the building * Car park in front of the building * Excellent investment potential and value for money Don't miss out on this investment opportunity in one of the Algarve's most valued destinations, contact me to arrange a visit to this fantastic property! #ref: 141158
Located in the prestigious area of Vilamoura, on Rua dos Estados Unidos, in the Gold Mar building, this two-bedroom flat on the 5th floor with lift is an excellent opportunity for those looking to invest, renovate or enjoy a holiday property in the heart of the Algarve. With a total area of 98m², the flat comprises two bedrooms, a bright living room, functional kitchen and two bathrooms. All the rooms have private balconies, providing abundant natural light and pleasant outdoor spaces with views. This property benefits from good areas and is in original condition, thus offering excellent potential for renovation and appreciation - ideal for tourist rentals, holiday homes or resale after refurbishment. With a swimming pool and parking available in front of the building, it guarantees the total conditions necessary for a good investment. The central location allows easy access to the beaches, marina, golf courses and all the services in the area. Main features: * 2 bedrooms * Spacious and bright lounge * Kitchen * 2 bathrooms * Balconies in all rooms * 5th floor with lift * 98m² of living space * Swimming pool in the building * Car park in front of the building * Excellent investment potential and value for money Don't miss out on this investment opportunity in one of the Algarve's most valued destinations, contact me to arrange a visit to this fantastic property! #ref: 141158
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Currency Exchange
Loulé, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £234,812 | £247,406 | £12,594 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £234,812 |
| Maximum cost in the last six months | £247,406 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,594 |
Loulé, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £234,812 | £247,406 | £12,594 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £234,812 |
| Maximum cost in the last six months | £247,406 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,594 |
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 £12,594 more.
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