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Space, Light and Comfort in the Heart of Olhão We present this cozy and bright 3-bedroom apartment, located in one of the most charismatic areas of the city of Olhão
Quelfes, Faro, Portugal
REF: 998325
€270,000
Description
Space, Light and Comfort in the Heart of Olhão We present this cozy and bright 3-bedroom apartment, located in one of the most charismatic areas of the city of Olhão. With spacious, well-distributed rooms, this is the ideal option for those seeking quality of life in an urban environment with a traditional soul. Functional and Versatile Environment The property consists of three comfortable bedrooms, a living room, a practical and functional kitchen, two bathrooms, a pantry, and a pleasant enclosed balconyperfect for enjoying the sunny Algarve days. The fluidity between the spaces makes this apartment perfect for families, couples, or even for those who want to adapt one of the rooms as an office or leisure area. Located on the first floor of a low-density building, without an elevator. Privileged Location Located in a quiet and central residential area, the apartment is just minutes from supermarkets, schools, services and transport. The city of Olhão, with its unique authenticity, offers a unique quality of life: from the typical markets filled with fresh produce, to the pier that provides access to the paradisiacal islands of the Ria Formosa. Living in Olhão means embracing the best of the Algarve Culture and Tradition: An active cultural calendar and a rich historical heritage. Unparalleled Gastronomy: Fresh flavors from the sea and land at your doorstep. Nature and Well-being: Proximity to beaches with crystal clear waters and unique natural landscapes. Additional detail: The property can be purchased together with a garage box, for an additional R$25,000 a true luxury in this location.
Space, Light and Comfort in the Heart of Olhão We present this cozy and bright 3-bedroom apartment, located in one of the most charismatic areas of the city of Olhão. With spacious, well-distributed rooms, this is the ideal option for those seeking quality of life in an urban environment with a traditional soul. Functional and Versatile Environment The property consists of three comfortable bedrooms, a living room, a practical and functional kitchen, two bathrooms, a pantry, and a pleasant enclosed balconyperfect for enjoying the sunny Algarve days. The fluidity between the spaces makes this apartment perfect for families, couples, or even for those who want to adapt one of the rooms as an office or leisure area. Located on the first floor of a low-density building, without an elevator. Privileged Location Located in a quiet and central residential area, the apartment is just minutes from supermarkets, schools, services and transport. The city of Olhão, with its unique authenticity, offers a unique quality of life: from the typical markets filled with fresh produce, to the pier that provides access to the paradisiacal islands of the Ria Formosa. Living in Olhão means embracing the best of the Algarve Culture and Tradition: An active cultural calendar and a rich historical heritage. Unparalleled Gastronomy: Fresh flavors from the sea and land at your doorstep. Nature and Well-being: Proximity to beaches with crystal clear waters and unique natural landscapes. Additional detail: The property can be purchased together with a garage box, for an additional R$25,000 a true luxury in this location.
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Currency Exchange
Quelfes, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,872 | £236,336 | £13,465 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,872 |
| Maximum cost in the last six months | £236,336 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,465 |
Quelfes, 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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,872 | £236,336 | £13,465 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,872 |
| Maximum cost in the last six months | £236,336 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,465 |
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 £13,465 more.
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