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3 Bedroom apartment with excellent terraces in Portimão, Algarve, Portugal
Portimão, Faro, Portugal, 8500-666
REF: 983340
€269,000
Description
This property in Portimão offers an excellent opportunity for your own home or investment! 3-bedroom apartment with excellent terraces, with a usable area of 101m2 and a gross dependent area of 139.87m2 (including 3.75m2 balcony, 10.50m2 storage room and 4 roof terraces for the exclusive use of this unit, measuring 24.12m2, 6.50m2, 27m2 and 68m2 respectively). - Located in a building with only 3 floors and 5 residents, without a lift. - The apartment has undergone some improvements and is unfinished, giving the future owner the possibility of finishing it to their liking. - Plenty of natural light - One of the bedrooms has a large wardrobe - Storage room One of the large terraces is on the same level as the apartment. Above, one of the other terraces has been converted into a 1-bedroom apartment with a separate entrance, which also needs improvements. Nearby you will find: - Train station, university, schools, post office, restaurants, pharmacy, grocery stores, general commerce, Aqua shopping center, public transport, among other facilities. - In this location, you can always walk to the historic center or shopping street, thanks to its proximity. - If you want to enjoy the beach, there are always a few alternatives to choose from, Praia da Rocha is about 4 km away, Praia de Alvor is about 6 km away. Don't miss the opportunity to schedule a visit now or contact us for more information! This property is listed on an exclusive basis. At KW Flash we share 50%/50% with all real estate agents/professionals with a valid AMI license. Also visit our website
This property in Portimão offers an excellent opportunity for your own home or investment! 3-bedroom apartment with excellent terraces, with a usable area of 101m2 and a gross dependent area of 139.87m2 (including 3.75m2 balcony, 10.50m2 storage room and 4 roof terraces for the exclusive use of this unit, measuring 24.12m2, 6.50m2, 27m2 and 68m2 respectively). - Located in a building with only 3 floors and 5 residents, without a lift. - The apartment has undergone some improvements and is unfinished, giving the future owner the possibility of finishing it to their liking. - Plenty of natural light - One of the bedrooms has a large wardrobe - Storage room One of the large terraces is on the same level as the apartment. Above, one of the other terraces has been converted into a 1-bedroom apartment with a separate entrance, which also needs improvements. Nearby you will find: - Train station, university, schools, post office, restaurants, pharmacy, grocery stores, general commerce, Aqua shopping center, public transport, among other facilities. - In this location, you can always walk to the historic center or shopping street, thanks to its proximity. - If you want to enjoy the beach, there are always a few alternatives to choose from, Praia da Rocha is about 4 km away, Praia de Alvor is about 6 km away. Don't miss the opportunity to schedule a visit now or contact us for more information! This property is listed on an exclusive basis. At KW Flash we share 50%/50% with all real estate agents/professionals with a valid AMI license. Also visit our website
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Currency Exchange
Portimão, Faro, Portugal, 8500-666
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 €269,000 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 |
|---|---|---|---|
| €269,000 | £222,046 | £233,516 | £11,470 |
| Property Price € | €269,000 |
| Minimum cost in the last six months | £222,046 |
| Maximum cost in the last six months | £233,516 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,470 |
Portimão, Faro, Portugal, 8500-666
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 €269,000 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 |
|---|---|---|---|
| €269,000 | £222,046 | £233,516 | £11,470 |
| Property Price € | €269,000 |
| Minimum cost in the last six months | £222,046 |
| Maximum cost in the last six months | £233,516 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,470 |
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 £11,470 more.
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