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The house has two floors, on the main floor is a commercial area with bar that is fully equipped and ready to operate
Tavira, Portugal
REF: 643598
€599,000
Description
The house has two floors, on the main floor is a commercial area with bar that is fully equipped and ready to operate. This area has a fireplace, sound system, and access to a mountain-view terrace. On the second floor is an apartment with a bedroom, a living room, a kitchen, a bathroom, a covered balcony with a jacuzzi, and a breathtaking view of the mountains and the sea. Outside, the villa features two functional water holes, a large garden, and a swimming pool. The house has a valid housing permit and an authorized plan to convert it into a four-bedroom villa. Excellent location, approximately 45 minutes from the Faro International Airport. CHARACTERISTICS:Plot Area: 6 304 m2 | 67 855 sq ftArea: 159 m2 | 1 710 sq ftDeployment Area: 99 m2 | 1 066 sq ftBuilding Area: 159 m2 | 1 710 sq ftBedrooms: 1Bathrooms: 3Energy efficiency: CFEATURES:commercial area Bar and fully equipped kitchen Fireplace Sound system Terrace Jacuzzi Sold furnished Project approved Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
The house has two floors, on the main floor is a commercial area with bar that is fully equipped and ready to operate. This area has a fireplace, sound system, and access to a mountain-view terrace. On the second floor is an apartment with a bedroom, a living room, a kitchen, a bathroom, a covered balcony with a jacuzzi, and a breathtaking view of the mountains and the sea. Outside, the villa features two functional water holes, a large garden, and a swimming pool. The house has a valid housing permit and an authorized plan to convert it into a four-bedroom villa. Excellent location, approximately 45 minutes from the Faro International Airport. CHARACTERISTICS:Plot Area: 6 304 m2 | 67 855 sq ftArea: 159 m2 | 1 710 sq ftDeployment Area: 99 m2 | 1 066 sq ftBuilding Area: 159 m2 | 1 710 sq ftBedrooms: 1Bathrooms: 3Energy efficiency: CFEATURES:commercial area Bar and fully equipped kitchen Fireplace Sound system Terrace Jacuzzi Sold furnished Project approved Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Tavira, 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 €599,000 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 |
|---|---|---|---|
| €599,000 | £496,158 | £515,056 | £18,898 |
| Property Price € | €599,000 |
| Minimum cost in the last six months | £496,158 |
| Maximum cost in the last six months | £515,056 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,898 |
Tavira, 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 €599,000 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 |
|---|---|---|---|
| €599,000 | £496,158 | £515,056 | £18,898 |
| Property Price € | €599,000 |
| Minimum cost in the last six months | £496,158 |
| Maximum cost in the last six months | £515,056 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,898 |
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 £18,898 more.
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