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3-storey house with garage in the centre of Portimão
Portimão, Faro, Portugal
REF: 983339
€450,000
Description
Completely renovated 3-storey house with garage in the centre of Portimão. Comprising 3 floors, this house offers space and comfort within the city. On the ground floor there is an open kitchen, 2 bedrooms, shared bathroom and covered terrace. The 1st floor has a suite with private bathroom, walk-in closet and uncovered terrace. The basement has a garage, a bathroom, and two living and dining rooms. Located in an area with excellent access to public transport, schools, services and shops. Distances: - 500m to the Municipal Market and the Town Hall - 700m to the riverside area - 2.9 km to Praia da Rocha - 4 km to the A22 motorway - 62 km to Faro Airport. For more information or to schedule a viewing, please contact us.
Completely renovated 3-storey house with garage in the centre of Portimão. Comprising 3 floors, this house offers space and comfort within the city. On the ground floor there is an open kitchen, 2 bedrooms, shared bathroom and covered terrace. The 1st floor has a suite with private bathroom, walk-in closet and uncovered terrace. The basement has a garage, a bathroom, and two living and dining rooms. Located in an area with excellent access to public transport, schools, services and shops. Distances: - 500m to the Municipal Market and the Town Hall - 700m to the riverside area - 2.9 km to Praia da Rocha - 4 km to the A22 motorway - 62 km to Faro Airport. For more information or to schedule a viewing, please contact us.
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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 €450,000 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 |
|---|---|---|---|
| €450,000 | £371,124 | £390,641 | £19,517 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £371,124 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,517 |
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £371,124 | £390,641 | £19,517 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £371,124 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,517 |
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 £19,517 more.
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