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Villa With Panoramic Views Close To The Ocean
Vila do Bispo, Faro, Portugal, 8650-281 Raposeira
REF: 530004
€650,000
Description
4 Bedroom villa in a quiet beach village with excellent holiday rental potential. This property is located in a quiet, charming town close to the beach, yet only 10 minutes drive to amenities and local schools. Sitting on the top of the village, the villa has panoramic views to the East of the natural reserve and to the South of the ocean.
The villa is spread over 2 levels, with entrance access both the top and the bottom of the property. On the top floor you find the main entrance, with the kitchen, one bedroom with bathroom and the living room with balcony overlooking the natural park and the ocean. On the bottom floor there are 3 more bedrooms and 3 bathrooms. Of which 2 bathrooms are en suite. The master bedroom is very large and has access to a terrace giving out to the swimming pool and the BBQ terrace.
All bedrooms have reversible airco, the living room has a fire place and reversible airco. The entire house has double glazing. The kitchen is fully equipped with a new fridge, new washing machine, electric oven and cooker and a dishwasher.
The swimming pool and terrace are South facing and wind protected. At the top of the property is a driveway with private parking. To the bottom and the North side of the property is some undeveloped garden space , that could be landscaped.
4 Bedroom villa in a quiet beach village with excellent holiday rental potential. This property is located in a quiet, charming town close to the beach, yet only 10 minutes drive to amenities and local schools. Sitting on the top of the village, the villa has panoramic views to the East of the natural reserve and to the South of the ocean.
The villa is spread over 2 levels, with entrance access both the top and the bottom of the property. On the top floor you find the main entrance, with the kitchen, one bedroom with bathroom and the living room with balcony overlooking the natural park and the ocean. On the bottom floor there are 3 more bedrooms and 3 bathrooms. Of which 2 bathrooms are en suite. The master bedroom is very large and has access to a terrace giving out to the swimming pool and the BBQ terrace.
All bedrooms have reversible airco, the living room has a fire place and reversible airco. The entire house has double glazing. The kitchen is fully equipped with a new fridge, new washing machine, electric oven and cooker and a dishwasher.
The swimming pool and terrace are South facing and wind protected. At the top of the property is a driveway with private parking. To the bottom and the North side of the property is some undeveloped garden space , that could be landscaped.
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Currency Exchange
Vila do Bispo, Faro, Portugal, 8650-281 Raposeira
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
Vila do Bispo, Faro, Portugal, 8650-281 Raposeira
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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