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PORTUGAL - ALGARVE - VILA NOVA DE CACELA FOR SALE – Superb 2-bedroom apartment with terrace in Vila Nova de Cacela (Buraco Residence) A rare opportunity at this price! Located in a quiet and well-maintained residence, this spacious 2-bedroom apartment will charm you with its generous space, natural
Vila Real de Santo António, Faro, Portugal
REF: 981010
€230,000
Description
PORTUGAL - ALGARVE - VILA NOVA DE CACELA FOR SALE – Superb 2-bedroom apartment with terrace in Vila Nova de Cacela (Buraco Residence) A rare opportunity at this price! Located in a quiet and well-maintained residence, this spacious 2-bedroom apartment will charm you with its generous space, natural light, and pleasant terrace for enjoying the Algarve sunshine. Comprising: ✔️ A large living/dining room ✔️ A fully equipped kitchen with veranda ✔️ 3 beautiful bedrooms ✔️ 2 bathrooms ✔️ Sold furnished, with double glazing and kitchen appliances included Ideal location: Just a few minutes from the heavenly beaches of Manta Rota, Praia da Fábrica, and Cacela Velha (considered one of the most beautiful beaches in the world). Peaceful neighborhood, close to shops, restaurants, golf courses, and perfectly connected by road. Faro Airport 40 minutes away / Spain only 15 minutes away! Ideal investment for: Primary residence Holiday home High-yield rental investment Come discover this rare property and schedule your visit today! iad is a network of independent real estate advisors based on a completely innovative model that breaks with the traditional concept of real estate brokerage. Are you looking for a complete, simple, and competitive service? That's what we offer at iad. I will assist you with all administrative aspects until the sale! We share our services with all agencies that have an AMI license! #ref: 142795
PORTUGAL - ALGARVE - VILA NOVA DE CACELA FOR SALE – Superb 2-bedroom apartment with terrace in Vila Nova de Cacela (Buraco Residence) A rare opportunity at this price! Located in a quiet and well-maintained residence, this spacious 2-bedroom apartment will charm you with its generous space, natural light, and pleasant terrace for enjoying the Algarve sunshine. Comprising: ✔️ A large living/dining room ✔️ A fully equipped kitchen with veranda ✔️ 3 beautiful bedrooms ✔️ 2 bathrooms ✔️ Sold furnished, with double glazing and kitchen appliances included Ideal location: Just a few minutes from the heavenly beaches of Manta Rota, Praia da Fábrica, and Cacela Velha (considered one of the most beautiful beaches in the world). Peaceful neighborhood, close to shops, restaurants, golf courses, and perfectly connected by road. Faro Airport 40 minutes away / Spain only 15 minutes away! Ideal investment for: Primary residence Holiday home High-yield rental investment Come discover this rare property and schedule your visit today! iad is a network of independent real estate advisors based on a completely innovative model that breaks with the traditional concept of real estate brokerage. Are you looking for a complete, simple, and competitive service? That's what we offer at iad. I will assist you with all administrative aspects until the sale! We share our services with all agencies that have an AMI license! #ref: 142795
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Currency Exchange
Vila Real de Santo António, 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 €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 | £189,497 | £199,661 | £10,164 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,497 |
| 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 | £10,164 |
Vila Real de Santo António, 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 €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 | £189,497 | £199,661 | £10,164 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £189,497 |
| 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 | £10,164 |
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 £10,164 more.
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