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Apartment 4 Bedrooms Sale in Ferragudo,Lagoa (Algarve)
Lagoa (Algarve), Portugal
REF: 990505
€350,000
Description
Nicely renovated duplex, located on walking distance from the lovely towncentre and the beach of the popular village Ferragudo. This popular destination has been mentioned as the most "beautiful village" of the Algarve, with it s typical little small white houses with flowers, lovely hilly streets and the small fishing boats. The house has been divided in two floors.Entrance, livingroom part with acces to the separate modern kitchen which is equipped modern appliances. In the second livingroom part there is a tv room or loungeroom for relaxation. Also on the groundfloor a bathroom with a toilet and a shower. On the first floor, three modernly decorated bedrooms and a spacious luxerious bathroom.This property had a compete "revamp" in the last two years. Every room has airconditioning, double glazing, walls and floors are renewed and the house has been decorated with modern materials.The house will be sold with a transferable rental license, Alojamento Local (AL).
Nicely renovated duplex, located on walking distance from the lovely towncentre and the beach of the popular village Ferragudo. This popular destination has been mentioned as the most "beautiful village" of the Algarve, with it s typical little small white houses with flowers, lovely hilly streets and the small fishing boats. The house has been divided in two floors.Entrance, livingroom part with acces to the separate modern kitchen which is equipped modern appliances. In the second livingroom part there is a tv room or loungeroom for relaxation. Also on the groundfloor a bathroom with a toilet and a shower. On the first floor, three modernly decorated bedrooms and a spacious luxerious bathroom.This property had a compete "revamp" in the last two years. Every room has airconditioning, double glazing, walls and floors are renewed and the house has been decorated with modern materials.The house will be sold with a transferable rental license, Alojamento Local (AL).
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Currency Exchange
Lagoa (Algarve), 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,908 | £303,832 | £14,924 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,908 |
| Maximum cost in the last six months | £303,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,924 |
Lagoa (Algarve), 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,908 | £303,832 | £14,924 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,908 |
| Maximum cost in the last six months | £303,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,924 |
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 £14,924 more.
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