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House T3 Sell in Concei o e Estoi,Faro
Faro, Portugal
REF: 497999
€750,000
Description
Centenary building fully restored, maintaining the characteristics of rustic construction such as stone and wood.This property consists of three floors:On the ground floor a restaurant with the characteristics of Algarvias (stone arcades), reversible air conditioning with entrance at the rear of the building that serves for loading and unloading.The first floor has a total of two bedrooms, a bathroom, living room and kitchen in open space.On the second floor an open space with mezzanine and a terrace that offers an excellent sea and mountain view.The floors have reversible air conditioning with plenty of natural light and excellent large areas.Features:- Equipped kitchen- Pantry- Laundry- Air conditioning- Double glazing- BalconyIt is well located in the heart of the village of Estoi a few minutes from Moncarapacho and 10 minutes drive from faro city, airport and beaches.Come and meet this opportunity. Schedule your visit.Estoi is a small town with less than four thousand inhabitants, but with a great architectural wealth resonating with the traditional Algarve houses, a charming style palace, fully recovered and the Roman ruins of Milreu.
Centenary building fully restored, maintaining the characteristics of rustic construction such as stone and wood.This property consists of three floors:On the ground floor a restaurant with the characteristics of Algarvias (stone arcades), reversible air conditioning with entrance at the rear of the building that serves for loading and unloading.The first floor has a total of two bedrooms, a bathroom, living room and kitchen in open space.On the second floor an open space with mezzanine and a terrace that offers an excellent sea and mountain view.The floors have reversible air conditioning with plenty of natural light and excellent large areas.Features:- Equipped kitchen- Pantry- Laundry- Air conditioning- Double glazing- BalconyIt is well located in the heart of the village of Estoi a few minutes from Moncarapacho and 10 minutes drive from faro city, airport and beaches.Come and meet this opportunity. Schedule your visit.Estoi is a small town with less than four thousand inhabitants, but with a great architectural wealth resonating with the traditional Algarve houses, a charming style palace, fully recovered and the Roman ruins of Milreu.
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Currency Exchange
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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