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Small farmhouse with a 3+2 bedroom house and a commercial space
Portimão, Faro, Portugal, 8600-250
REF: 567606
€599,900
Description
Farmhouse with Commerce Farmhouse in Mexilhoeira Grande, next to the N125 road, with a well-located commercial space with great exposure, it also has a house with several compartments in a total of 411 m2 consisting of two T3 and T2 houses, set in a plot of 10,800 m2 with areas for cultivation and orchard, peach, citrus, pear trees. +/- 10 minutes from Portimão and Lagos.
Main house consisting of two floors with on the ground floor, 2 bedrooms, kitchen, bathroom, vestibule, terrace, patio and porch for 3 cars. The 1st floor consists of 3 bedrooms, kitchen, bathroom and a large lounge.
The property also has its own spring, well and canal water, haystacks and animal husbandry areas.
Situated close to the Ria de Alvor estuary, golf courses.
It is also in this parish that the Autódromo Internacional do Algarve is located.
Mexilhoeira Grande is a typical Algarve village, whose origins can be traced back to the extension of the Neolithic and Chalcolithic settlements of Monte Canelas and Alcalar.
Farmhouse with Commerce Farmhouse in Mexilhoeira Grande, next to the N125 road, with a well-located commercial space with great exposure, it also has a house with several compartments in a total of 411 m2 consisting of two T3 and T2 houses, set in a plot of 10,800 m2 with areas for cultivation and orchard, peach, citrus, pear trees. +/- 10 minutes from Portimão and Lagos.
Main house consisting of two floors with on the ground floor, 2 bedrooms, kitchen, bathroom, vestibule, terrace, patio and porch for 3 cars. The 1st floor consists of 3 bedrooms, kitchen, bathroom and a large lounge.
The property also has its own spring, well and canal water, haystacks and animal husbandry areas.
Situated close to the Ria de Alvor estuary, golf courses.
It is also in this parish that the Autódromo Internacional do Algarve is located.
Mexilhoeira Grande is a typical Algarve village, whose origins can be traced back to the extension of the Neolithic and Chalcolithic settlements of Monte Canelas and Alcalar.
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Currency Exchange
Portimão, Faro, Portugal, 8600-250
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 €599,900 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 |
|---|---|---|---|
| €599,900 | £503,508 | £517,450 | £13,942 |
| Property Price € | €599,900 |
| Minimum cost in the last six months | £503,508 |
| Maximum cost in the last six months | £517,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,942 |
Portimão, Faro, Portugal, 8600-250
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 €599,900 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 |
|---|---|---|---|
| €599,900 | £503,508 | £517,450 | £13,942 |
| Property Price € | €599,900 |
| Minimum cost in the last six months | £503,508 |
| Maximum cost in the last six months | £517,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,942 |
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 £13,942 more.
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