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T2 in Silves, with 87 m of gross area with two balconies and excellent sun exposure
Silves, Faro, Portugal, 8300-135
REF: 996674
€278,000
Description
2-bedroom apartment with 87 m of gross area, balconies and excellent sun exposure 2-bedroom apartment with 87.2 m of gross area, 72.1 m of usable area, located in a quiet area with good accessibility, ideal for those looking for comfort, light and functionality. Main features: Fully equipped kitchen, with access to a balcony Spacious dining room, with access to a large south-facing balcony Two bedrooms with built-in wardrobes Full bathroom Excellent sun exposure east to south Year of construction: 2003 This property is ideal for private residence, holiday home or investment for income. Building in good condition, with good access and proximity to services, shops and schools. Apartment with excellent value for money, in a consolidated residential area. The privileged solar orientation guarantees exceptional natural light throughout the day. Book your visit now and come and see your next home! * We share business 50% with all real estate consultants or agencies with an AMI license.
2-bedroom apartment with 87 m of gross area, balconies and excellent sun exposure 2-bedroom apartment with 87.2 m of gross area, 72.1 m of usable area, located in a quiet area with good accessibility, ideal for those looking for comfort, light and functionality. Main features: Fully equipped kitchen, with access to a balcony Spacious dining room, with access to a large south-facing balcony Two bedrooms with built-in wardrobes Full bathroom Excellent sun exposure east to south Year of construction: 2003 This property is ideal for private residence, holiday home or investment for income. Building in good condition, with good access and proximity to services, shops and schools. Apartment with excellent value for money, in a consolidated residential area. The privileged solar orientation guarantees exceptional natural light throughout the day. Book your visit now and come and see your next home! * We share business 50% with all real estate consultants or agencies with an AMI license.
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Currency Exchange
Silves, Faro, Portugal, 8300-135
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 €278,000 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 |
|---|---|---|---|
| €278,000 | £229,475 | £241,335 | £11,859 |
| Property Price € | €278,000 |
| Minimum cost in the last six months | £229,475 |
| Maximum cost in the last six months | £241,335 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,859 |
Silves, Faro, Portugal, 8300-135
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 €278,000 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 |
|---|---|---|---|
| €278,000 | £229,475 | £241,335 | £11,859 |
| Property Price € | €278,000 |
| Minimum cost in the last six months | £229,475 |
| Maximum cost in the last six months | £241,335 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,859 |
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 £11,859 more.
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