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House T3 refurbished in Martim Longo
Alcoutim, Faro, Portugal, 8970-270
REF: 655466
€178,000
Description
For those looking for the calm and tranquility of our Algarve interior, in Vila de Martim Longo we find this T3 house completely refurbished.In a quiet area, close to the center of the village, this 125m2 villa comprises 3 bedrooms, one en suite and a walk-in closet, all with windows and plenty of natural light, 1 living room with open space and fireplace, fully equipped and furnished kitchen, WC, patio with garden and some fruit trees, terrace with a privileged view over the village.With two entrances, facing south / north, this villa is close to all shops, transport and services.The village of Alcoutim, the Guadiana River, Neighbor Spain and access to the IC27 highway are a 10-minute drive away.Undoubtedly an excellent business opportunity both to monetize and for permanent housing.
For those looking for the calm and tranquility of our Algarve interior, in Vila de Martim Longo we find this T3 house completely refurbished.In a quiet area, close to the center of the village, this 125m2 villa comprises 3 bedrooms, one en suite and a walk-in closet, all with windows and plenty of natural light, 1 living room with open space and fireplace, fully equipped and furnished kitchen, WC, patio with garden and some fruit trees, terrace with a privileged view over the village.With two entrances, facing south / north, this villa is close to all shops, transport and services.The village of Alcoutim, the Guadiana River, Neighbor Spain and access to the IC27 highway are a 10-minute drive away.Undoubtedly an excellent business opportunity both to monetize and for permanent housing.
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Currency Exchange
Alcoutim, Faro, Portugal, 8970-270
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 €178,000 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 |
|---|---|---|---|
| €178,000 | £147,439 | £152,982 | £5,543 |
| Property Price € | €178,000 |
| Minimum cost in the last six months | £147,439 |
| Maximum cost in the last six months | £152,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,543 |
Alcoutim, Faro, Portugal, 8970-270
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 €178,000 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 |
|---|---|---|---|
| €178,000 | £147,439 | £152,982 | £5,543 |
| Property Price € | €178,000 |
| Minimum cost in the last six months | £147,439 |
| Maximum cost in the last six months | £152,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,543 |
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 £5,543 more.
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