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Renovated studio apartment, 300 metres from Praia da Rocha Description: Excellent investment opportunity! Fully renovated studio apartment with equipped kitchen and air conditioning in a private condominium, just 300 metres from Praia da Rocha
Portimão, Faro, Portugal
REF: 981002
€205,000
Description
Renovated studio apartment, 300 metres from Praia da Rocha Description: Excellent investment opportunity! Fully renovated studio apartment with equipped kitchen and air conditioning in a private condominium, just 300 metres from Praia da Rocha. Ideal for those looking for comfort, a privileged location and guaranteed profitability. Property features: Fully equipped kitchen with modern appliances Air conditioning for year-round comfort Spacious and bright Renovated bathroom Private condominium with: Swimming pool Restaurants and pastry shop Supermarket and laundry Leisure areas for relaxing and socialising Location: 300 metres from Praia da Rocha, one of the most famous and popular beaches in the Algarve A few minutes from local shops, public transport and tourist attractions in the region Profitability potential: This apartment offers an excellent opportunity for profitability, whether for short-term rentals or for those looking for a profitable holiday property in the region. Don't miss the opportunity to purchase a property with excellent potential in an enviable location! #ref: 143324
Renovated studio apartment, 300 metres from Praia da Rocha Description: Excellent investment opportunity! Fully renovated studio apartment with equipped kitchen and air conditioning in a private condominium, just 300 metres from Praia da Rocha. Ideal for those looking for comfort, a privileged location and guaranteed profitability. Property features: Fully equipped kitchen with modern appliances Air conditioning for year-round comfort Spacious and bright Renovated bathroom Private condominium with: Swimming pool Restaurants and pastry shop Supermarket and laundry Leisure areas for relaxing and socialising Location: 300 metres from Praia da Rocha, one of the most famous and popular beaches in the Algarve A few minutes from local shops, public transport and tourist attractions in the region Profitability potential: This apartment offers an excellent opportunity for profitability, whether for short-term rentals or for those looking for a profitable holiday property in the region. Don't miss the opportunity to purchase a property with excellent potential in an enviable location! #ref: 143324
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Currency Exchange
Portimão, 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 €205,000 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 |
|---|---|---|---|
| €205,000 | £169,217 | £177,958 | £8,741 |
| Property Price € | €205,000 |
| Minimum cost in the last six months | £169,217 |
| Maximum cost in the last six months | £177,958 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,741 |
Portimão, 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 €205,000 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 |
|---|---|---|---|
| €205,000 | £169,217 | £177,958 | £8,741 |
| Property Price € | €205,000 |
| Minimum cost in the last six months | £169,217 |
| Maximum cost in the last six months | £177,958 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,741 |
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 £8,741 more.
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