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T1+1 bedroom apartment including mezzanine
Loulé, Faro, Portugal
REF: 983462
€325,000
Description
T1+1 bedroom apartment including mezzanine. With a 15 minute walk to the marina, in an area surrounded by nature, very quiet and peaceful. Very close to shops and restaurants. The apartment is a T1 with another added double guest bedroom and a mezzanine with 2 single beds and plenty of storage space, the apartment can sleep 6 very comfortably. This property has large areas and is in excellent condition. The kitchen is fully functional with plenty of work space and storage, excellent for cooking family meals. The lounge area is very spacious and comfortable with high ceilings and double patio doors opening onto the terrace. The terrace area is very large with plenty of space for dinning and relaxing with a newly installed wind-out sun blind. There is also a small terrace on the front of the apartment with enough space for a bench or chairs. The apartment is in a block of 10 which is at the beginning of the block which allows more privacy, as well as a window in the bathroom. It shares the front garden with the apartment on the ground floor. There is no monthly condominium fees. Outside there is a covered parking for a vehicle.The apartment is situated which is a cul-sac, wich is off a one way street, so very little traffic noise. The central location allows easy access to all amenities, marina, beaches, golf courses and local shops. #ref: 142809
T1+1 bedroom apartment including mezzanine. With a 15 minute walk to the marina, in an area surrounded by nature, very quiet and peaceful. Very close to shops and restaurants. The apartment is a T1 with another added double guest bedroom and a mezzanine with 2 single beds and plenty of storage space, the apartment can sleep 6 very comfortably. This property has large areas and is in excellent condition. The kitchen is fully functional with plenty of work space and storage, excellent for cooking family meals. The lounge area is very spacious and comfortable with high ceilings and double patio doors opening onto the terrace. The terrace area is very large with plenty of space for dinning and relaxing with a newly installed wind-out sun blind. There is also a small terrace on the front of the apartment with enough space for a bench or chairs. The apartment is in a block of 10 which is at the beginning of the block which allows more privacy, as well as a window in the bathroom. It shares the front garden with the apartment on the ground floor. There is no monthly condominium fees. Outside there is a covered parking for a vehicle.The apartment is situated which is a cul-sac, wich is off a one way street, so very little traffic noise. The central location allows easy access to all amenities, marina, beaches, golf courses and local shops. #ref: 142809
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Currency Exchange
Loulé, 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 €325,000 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 |
|---|---|---|---|
| €325,000 | £267,768 | £282,129 | £14,362 |
| Property Price € | €325,000 |
| Minimum cost in the last six months | £267,768 |
| Maximum cost in the last six months | £282,129 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,362 |
Loulé, 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 €325,000 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 |
|---|---|---|---|
| €325,000 | £267,768 | £282,129 | £14,362 |
| Property Price € | €325,000 |
| Minimum cost in the last six months | £267,768 |
| Maximum cost in the last six months | £282,129 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,362 |
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 £14,362 more.
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