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Exclusive 5+1 Bedroom Apartment with Panoramic Views over the Ria Formosa Faro City Centre
Faro, Faro, Portugal, 8000-148
REF: 974501
€650,000
Description
We present this remarkable six-bedroom apartment, ideally located in the heart of Faro, with stunning views over the Ria Formosa and the ocean. The property comprises six spacious bedrooms, three bathrooms, a large living room, a balcony, and a fully equipped kitchen. It is in excellent condition and benefits from a privileged sun exposure, ensuring natural light throughout the day. Its central location offers immediate access to all major services, shopping areas, educational institutions, and public transport, providing maximum convenience for everyday life. Faro, the capital of the Algarve, is a city rich in history, with centuries of cultural heritage. Its streets tell stories of ancient times and are filled with historical landmarks and age-old traditions. The city is bathed by the magnificent Ria Formosa, offering a unique setting of natural beauty that combines the tranquility of nature with urban dynamism. Recognized as the cultural capital of the region, Faro offers a diverse and year-round cultural program, establishing itself as a vibrant destination to live and invest in. Don't miss this opportunity to acquire a unique property with one of the most privileged views in the Algarve. Schedule your visit today!
We present this remarkable six-bedroom apartment, ideally located in the heart of Faro, with stunning views over the Ria Formosa and the ocean. The property comprises six spacious bedrooms, three bathrooms, a large living room, a balcony, and a fully equipped kitchen. It is in excellent condition and benefits from a privileged sun exposure, ensuring natural light throughout the day. Its central location offers immediate access to all major services, shopping areas, educational institutions, and public transport, providing maximum convenience for everyday life. Faro, the capital of the Algarve, is a city rich in history, with centuries of cultural heritage. Its streets tell stories of ancient times and are filled with historical landmarks and age-old traditions. The city is bathed by the magnificent Ria Formosa, offering a unique setting of natural beauty that combines the tranquility of nature with urban dynamism. Recognized as the cultural capital of the region, Faro offers a diverse and year-round cultural program, establishing itself as a vibrant destination to live and invest in. Don't miss this opportunity to acquire a unique property with one of the most privileged views in the Algarve. Schedule your visit today!
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Currency Exchange
Faro, Faro, Portugal, 8000-148
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £536,484 | £564,259 | £27,775 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £536,484 |
| Maximum cost in the last six months | £564,259 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,775 |
Faro, Faro, Portugal, 8000-148
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £536,484 | £564,259 | £27,775 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £536,484 |
| Maximum cost in the last six months | £564,259 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,775 |
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 £27,775 more.
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