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2 bedroom apartment with sea view - Forte Novo, Quarteira Excellent investment opportunity just a few meters from the beach, in the prestigious Forte Novo area of Quarteira
Loulé, Faro, Portugal
REF: 990063
€380,000
Description
2 bedroom apartment with sea view - Forte Novo, Quarteira Excellent investment opportunity just a few meters from the beach, in the prestigious Forte Novo area of Quarteira. This two-bedroom apartment, with 84 m² of living space, stands out for its brightness, privileged location and unobstructed sea views. Comprising a living room with sea views, an equipped kitchen, two bedrooms, a bathroom and two balconies with sea views, it offers the ideal comfort for permanent residence, vacation home or rental. Highlights of the property: Air conditioning in all rooms Parking space 2 balconies with excellent sun exposure A 2-minute walk from the beach Inserted in a well-maintained building with two elevators, this property meets all the conditions for a safe investment and is in high demand in the area of forte novo, Quarteira Close to shops, services, transport and restaurants. For more information or to arrange a viewing, please contact me. #ref: 143086
2 bedroom apartment with sea view - Forte Novo, Quarteira Excellent investment opportunity just a few meters from the beach, in the prestigious Forte Novo area of Quarteira. This two-bedroom apartment, with 84 m² of living space, stands out for its brightness, privileged location and unobstructed sea views. Comprising a living room with sea views, an equipped kitchen, two bedrooms, a bathroom and two balconies with sea views, it offers the ideal comfort for permanent residence, vacation home or rental. Highlights of the property: Air conditioning in all rooms Parking space 2 balconies with excellent sun exposure A 2-minute walk from the beach Inserted in a well-maintained building with two elevators, this property meets all the conditions for a safe investment and is in high demand in the area of forte novo, Quarteira Close to shops, services, transport and restaurants. For more information or to arrange a viewing, please contact me. #ref: 143086
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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 €380,000 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 |
|---|---|---|---|
| €380,000 | £313,671 | £329,874 | £16,203 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £313,671 |
| Maximum cost in the last six months | £329,874 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,203 |
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £313,671 | £329,874 | £16,203 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £313,671 |
| Maximum cost in the last six months | £329,874 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,203 |
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 £16,203 more.
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