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T1 | Clube Praia da Rocha
Portimão, Faro, Portugal, 8500-804
REF: 967731
€230,000
Description
Excellent investment opportunity or holiday residence! Fully furnished 1 bedroom apartment, located on the 8th floor with elevator, in the emblematic Clube Praia da Rocha building, just a 5-minute walk from the beach.
It has a large balcony with direct access from the kitchen and bedroom, ideal for enjoying the unobstructed view and excellent sun exposure. The living room and kitchen are in an open space concept, creating a modern, welcoming and functional environment. The bathroom is equipped with a shower and the bedroom is a double room, ensuring comfort and practicality.
Located in a privileged area, with shops, restaurants, services and entertainment at the door, this property is ideal for holidays, tourist rentals or permanent housing
**We also provide a credit intermediation service, if you need financing, and complete support in the management of Local Accommodation, making this investment even simpler and more profitable.
Experience the best of the Algarve or start monetizing right away.
Schedule your visit now and discover this apartment with a dream location!
Excellent investment opportunity or holiday residence! Fully furnished 1 bedroom apartment, located on the 8th floor with elevator, in the emblematic Clube Praia da Rocha building, just a 5-minute walk from the beach.
It has a large balcony with direct access from the kitchen and bedroom, ideal for enjoying the unobstructed view and excellent sun exposure. The living room and kitchen are in an open space concept, creating a modern, welcoming and functional environment. The bathroom is equipped with a shower and the bedroom is a double room, ensuring comfort and practicality.
Located in a privileged area, with shops, restaurants, services and entertainment at the door, this property is ideal for holidays, tourist rentals or permanent housing
**We also provide a credit intermediation service, if you need financing, and complete support in the management of Local Accommodation, making this investment even simpler and more profitable.
Experience the best of the Algarve or start monetizing right away.
Schedule your visit now and discover this apartment with a dream location!
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Property on Map
Currency Exchange
Portimão, Faro, Portugal, 8500-804
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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,854 | £199,661 | £9,807 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,854 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,807 |
Portimão, Faro, Portugal, 8500-804
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 €230,000 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 |
|---|---|---|---|
| €230,000 | £189,854 | £199,661 | £9,807 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,854 |
| Maximum cost in the last six months | £199,661 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,807 |
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 £9,807 more.
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