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Unique Opportunity in the Center of Olhão! Imagine living in the heart of Olhão, where everything happens: two steps away from traditional shops, the most emblematic restaurants, the marina and the famous local markets
Olhão, Faro, Portugal
REF: 967781
€340,000
Description
Unique Opportunity in the Center of Olhão! Imagine living in the heart of Olhão, where everything happens: two steps away from traditional shops, the most emblematic restaurants, the marina and the famous local markets. A place where the authentic Algarve lifestyle meets modern comfort. This fantastic 3-bedroom apartment is currently under construction and is scheduled for completion in September 2025. With a privileged location, you can walk to the boarding pier for the paradisiacal islands of Ria Formosa - Armona, Culatra and Farol - in just 10 minutes. What will you find in this property? Cozy entrance hall Large living room and open-plan kitchen, perfect for get-togethers 3 bedrooms with wardrobes, one of which is a suite with a private bathroom Full bathroom Modern materials and quality finishes Need parking? You can also purchase a box garage from just EUR25,000! Don't miss this opportunity! Whether for your own home, holiday home or safe investment, this property is a sure bet. Contact us today and come and see your future home in Olhão.
Unique Opportunity in the Center of Olhão! Imagine living in the heart of Olhão, where everything happens: two steps away from traditional shops, the most emblematic restaurants, the marina and the famous local markets. A place where the authentic Algarve lifestyle meets modern comfort. This fantastic 3-bedroom apartment is currently under construction and is scheduled for completion in September 2025. With a privileged location, you can walk to the boarding pier for the paradisiacal islands of Ria Formosa - Armona, Culatra and Farol - in just 10 minutes. What will you find in this property? Cozy entrance hall Large living room and open-plan kitchen, perfect for get-togethers 3 bedrooms with wardrobes, one of which is a suite with a private bathroom Full bathroom Modern materials and quality finishes Need parking? You can also purchase a box garage from just EUR25,000! Don't miss this opportunity! Whether for your own home, holiday home or safe investment, this property is a sure bet. Contact us today and come and see your future home in Olhão.
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Currency Exchange
Olhão, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £280,622 | £295,151 | £14,528 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £280,622 |
| Maximum cost in the last six months | £295,151 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,528 |
Olhão, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £280,622 | £295,151 | £14,528 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £280,622 |
| Maximum cost in the last six months | £295,151 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,528 |
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 £14,528 more.
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