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2 BEDROOM APARTMENT WITH PARKING SPACE IN LOULÉ
Loulé, Faro, Portugal, 8100-229
REF: 981386
€285,000
Description
2-bedroom apartment with a total area of 94 square meters, located in Quinta de Betunes, São Clemente, in Loulé, in the district of Faro. The apartment is located on the ground floor of a building with a lift, and consists of an inviting entrance hall, a large living room with plenty of natural light, 2 bedrooms with built-in wardrobes, 1 spacious bathroom and a modern equipped kitchen. The property is pre-installed for air conditioning. There is also a parking space in the basement. Located in a quiet residential area, the property is close to several shops, services, green spaces and schools. It has good access and is close to the main roads (A22, N270 and N125). An excellent investment, whether for your own home or to make a profit.
2-bedroom apartment with a total area of 94 square meters, located in Quinta de Betunes, São Clemente, in Loulé, in the district of Faro. The apartment is located on the ground floor of a building with a lift, and consists of an inviting entrance hall, a large living room with plenty of natural light, 2 bedrooms with built-in wardrobes, 1 spacious bathroom and a modern equipped kitchen. The property is pre-installed for air conditioning. There is also a parking space in the basement. Located in a quiet residential area, the property is close to several shops, services, green spaces and schools. It has good access and is close to the main roads (A22, N270 and N125). An excellent investment, whether for your own home or to make a profit.
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Currency Exchange
Loulé, Faro, Portugal, 8100-229
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 €285,000 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 |
|---|---|---|---|
| €285,000 | £235,228 | £247,406 | £12,178 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £235,228 |
| Maximum cost in the last six months | £247,406 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,178 |
Loulé, Faro, Portugal, 8100-229
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 €285,000 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 |
|---|---|---|---|
| €285,000 | £235,228 | £247,406 | £12,178 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £235,228 |
| Maximum cost in the last six months | £247,406 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,178 |
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 £12,178 more.
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