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Apartment 2 Bedrooms Sale in Alvor,Portim o
Portim o, Portugal
REF: 990554
€495,000
Description
New Development in Alvor "O asis Castelo de Alvor"This magnificent private condominium is located at the highest point of the village, with views over the sea, estuary, and castle.The project was designed to perpetuate the history of this picturesque fishing village combining high-quality materials and luxury finishes with a unique architecture in styleDescriptionOn the roof, there are two swimming pools surrounded by an extensive deck area, flower boxes with coconut trees and a pergola for shading, creating a calm and relaxing environment.The apartments have high-quality materials, fully equipped kitchens, air conditioning, radiant flooring in bathrooms with shower base, and may include a box garage with electric car charging socket, parking space and storage room (specified in the plan).HistoryThe foundation of Alvor dates back to the 7th century B.C.. The Phoenicians, who turned it into a great economic centre and port of shelter due to its geographical position in the year 436 B.C, were followed by the Carthaginians, and it was later occupied by the Romans and in the year A.D 716 by the Moors. In the year 1189 D. Sancho I, conquered Alvor from the Moors. According to records, it was during the Phoenician occupation that the first fort was built on the site. Later, during the occupation of the Moors and faced with a context of great instability in the territory, a new fortress was built, the current Castle ofAlvor.For more details please contact us.
New Development in Alvor "O asis Castelo de Alvor"This magnificent private condominium is located at the highest point of the village, with views over the sea, estuary, and castle.The project was designed to perpetuate the history of this picturesque fishing village combining high-quality materials and luxury finishes with a unique architecture in styleDescriptionOn the roof, there are two swimming pools surrounded by an extensive deck area, flower boxes with coconut trees and a pergola for shading, creating a calm and relaxing environment.The apartments have high-quality materials, fully equipped kitchens, air conditioning, radiant flooring in bathrooms with shower base, and may include a box garage with electric car charging socket, parking space and storage room (specified in the plan).HistoryThe foundation of Alvor dates back to the 7th century B.C.. The Phoenicians, who turned it into a great economic centre and port of shelter due to its geographical position in the year 436 B.C, were followed by the Carthaginians, and it was later occupied by the Romans and in the year A.D 716 by the Moors. In the year 1189 D. Sancho I, conquered Alvor from the Moors. According to records, it was during the Phoenician occupation that the first fort was built on the site. Later, during the occupation of the Moors and faced with a context of great instability in the territory, a new fortress was built, the current Castle ofAlvor.For more details please contact us.
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Currency Exchange
Portim o, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £408,598 | £429,705 | £21,107 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £408,598 |
| Maximum cost in the last six months | £429,705 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,107 |
Portim o, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £408,598 | £429,705 | £21,107 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £408,598 |
| Maximum cost in the last six months | £429,705 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,107 |
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 £21,107 more.
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