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Beautifully Updated One-Bedroom Apartment Steps from Vilamoura Marina
Loulé, Faro, Portugal, 8125-489
REF: 979954
€320,000
Description
Fully renovated with high-quality materials, this property combines modernity, comfort, and sophistication. The spacious and bright living area includes a generous lounge and dining room, perfect for entertaining or simply relaxing. The open-plan kitchen, elegantly integrated into this central space, stands out for its contemporary design, refined finishes, and top-of-the-line modern appliances. The bedroom is a true haven of tranquility, filled with natural light and offering access to two private balconies ideal spaces to enjoy the Algarve's mild climate. The bathroom features premium finishes, blending functionality with style. From the living room, there is access to a generous terrace, creating an additional outdoor living area perfect for enjoying special moments in the open air. Located in a quiet residence with electric gate access, the property also benefits from on-site parking within the condominium. Thanks to its strategic location, high-quality renovation, and modern, elegant atmosphere, this apartment is the ideal choice as a main residence, holiday home, or rental investment. An excellent opportunity in Vilamoura.
Fully renovated with high-quality materials, this property combines modernity, comfort, and sophistication. The spacious and bright living area includes a generous lounge and dining room, perfect for entertaining or simply relaxing. The open-plan kitchen, elegantly integrated into this central space, stands out for its contemporary design, refined finishes, and top-of-the-line modern appliances. The bedroom is a true haven of tranquility, filled with natural light and offering access to two private balconies ideal spaces to enjoy the Algarve's mild climate. The bathroom features premium finishes, blending functionality with style. From the living room, there is access to a generous terrace, creating an additional outdoor living area perfect for enjoying special moments in the open air. Located in a quiet residence with electric gate access, the property also benefits from on-site parking within the condominium. Thanks to its strategic location, high-quality renovation, and modern, elegant atmosphere, this apartment is the ideal choice as a main residence, holiday home, or rental investment. An excellent opportunity in Vilamoura.
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Currency Exchange
Loulé, Faro, Portugal, 8125-489
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £264,144 | £277,789 | £13,645 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £264,144 |
| Maximum cost in the last six months | £277,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,645 |
Loulé, Faro, Portugal, 8125-489
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £264,144 | £277,789 | £13,645 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £264,144 |
| Maximum cost in the last six months | £277,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,645 |
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 £13,645 more.
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