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A few steps from the sea, your refuge in Armação de Pêra
Silves, Faro, Portugal
REF: 967069
€215,000
Description
Imagine living just 120 meters from the beach, in one of the most genuine areas of Armação de Pêra. This T2 on the 1st floor of a small and welcoming building (only 4 floors, no elevator) offers you the tranquility and charm of life by the sea. Here, every detail invites you to live better: Southeast-Northeast solar exposure, natural light throughout the day; The apartment consists of: - 2 bedrooms with built-in wardrobes - bathroom with bathtub - hall with a wardrobe - room - kitchen Both the living room and the kitchen have direct access to a terrace with a barbecue and space for outdoor dining. Still on the terrace, there is also a practical laundry/storage room; Useful area of 63.20 m (total area of 87 m ), perfectly distributed for comfort and functionality; Local shops, typical restaurants and essential services just a few steps away without needing a car for anything. Ideal for those looking for an uncomplicated life, with low costs and the privilege of having the sea as a neighbor. Condominium value: 20/month IMI value: 240.50/year Note: The apartment is currently rented, with a 1-year contract and monthly rent of 800, offering excellent immediate profitability. Whether to live or to invest, this is an opportunity that breathes authenticity and quality of life. 📞 Talk to us and come and feel this place. 351 962 808 558 or 351 968 512 446 (call to national mobile network)
Imagine living just 120 meters from the beach, in one of the most genuine areas of Armação de Pêra. This T2 on the 1st floor of a small and welcoming building (only 4 floors, no elevator) offers you the tranquility and charm of life by the sea. Here, every detail invites you to live better: Southeast-Northeast solar exposure, natural light throughout the day; The apartment consists of: - 2 bedrooms with built-in wardrobes - bathroom with bathtub - hall with a wardrobe - room - kitchen Both the living room and the kitchen have direct access to a terrace with a barbecue and space for outdoor dining. Still on the terrace, there is also a practical laundry/storage room; Useful area of 63.20 m (total area of 87 m ), perfectly distributed for comfort and functionality; Local shops, typical restaurants and essential services just a few steps away without needing a car for anything. Ideal for those looking for an uncomplicated life, with low costs and the privilege of having the sea as a neighbor. Condominium value: 20/month IMI value: 240.50/year Note: The apartment is currently rented, with a 1-year contract and monthly rent of 800, offering excellent immediate profitability. Whether to live or to invest, this is an opportunity that breathes authenticity and quality of life. 📞 Talk to us and come and feel this place. 351 962 808 558 or 351 968 512 446 (call to national mobile network)
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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 €215,000 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 |
|---|---|---|---|
| €215,000 | £177,139 | £186,639 | £9,501 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £177,139 |
| Maximum cost in the last six months | £186,639 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,501 |
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 €215,000 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 |
|---|---|---|---|
| €215,000 | £177,139 | £186,639 | £9,501 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £177,139 |
| Maximum cost in the last six months | £186,639 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,501 |
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 £9,501 more.
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