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For sale - Beautiful 2 bedroom flat in the heart of Armação de Pêra - Ideal location! Located right in the centre of Armação de Pêra, just 10 minutes walk from the beach and within walking distance of all shops, restaurants and services, this superb 2 bedroom flat is a rare opportunity not to be mi
Silves, Faro, Portugal
REF: 994452
€345,000
Description
For sale - Beautiful 2 bedroom flat in the heart of Armação de Pêra - Ideal location! Located right in the centre of Armação de Pêra, just 10 minutes walk from the beach and within walking distance of all shops, restaurants and services, this superb 2 bedroom flat is a rare opportunity not to be missed. Main features: - 2 beautiful bedrooms, including a master suite with private bathroom - Second independent bathroom - Large, bright dining room with direct access to a spacious balcony - Fully equipped separate kitchen, also with balcony - Air conditioning installed in the living room and pre-installed in the bedrooms - Two private parking spaces in the basement, easily accessible - Secure, well-maintained residence With its generous volumes, two balconies and ideal location, this flat is perfect as a main residence, pied-à-terre or rental investment. Contact us today to arrange a viewing! #ref: 144601
For sale - Beautiful 2 bedroom flat in the heart of Armação de Pêra - Ideal location! Located right in the centre of Armação de Pêra, just 10 minutes walk from the beach and within walking distance of all shops, restaurants and services, this superb 2 bedroom flat is a rare opportunity not to be missed. Main features: - 2 beautiful bedrooms, including a master suite with private bathroom - Second independent bathroom - Large, bright dining room with direct access to a spacious balcony - Fully equipped separate kitchen, also with balcony - Air conditioning installed in the living room and pre-installed in the bedrooms - Two private parking spaces in the basement, easily accessible - Secure, well-maintained residence With its generous volumes, two balconies and ideal location, this flat is perfect as a main residence, pied-à-terre or rental investment. Contact us today to arrange a viewing! #ref: 144601
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Currency Exchange
Silves, 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 €345,000 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 |
|---|---|---|---|
| €345,000 | £284,780 | £299,491 | £14,711 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £284,780 |
| Maximum cost in the last six months | £299,491 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,711 |
Silves, 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 €345,000 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 |
|---|---|---|---|
| €345,000 | £284,780 | £299,491 | £14,711 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £284,780 |
| Maximum cost in the last six months | £299,491 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,711 |
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 £14,711 more.
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