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THE CREST - TOWNHOUSE 3+1 BEDROOMS
Almancil, Portugal
REF: 662868
€850,000
Description
On the ground floor, you will find a spacious open-plan living area and a fully equipped kitchen that leads out to a private terrace. Additionally, the living room offers access to a covered terrace at the front of the property, perfect for al fresco dining, and to the private swimming pool. The ground floor also includes two bedrooms with fitted wardrobes and access to an outdoor terrace. Moving upstairs, the first floor accommodates the master suite with two private terraces. The basement level has a bedroom, a bathroom, a laundry area, and an additional room suitable for use as a TV or cinema room. The Crest development is secured with 24-hour security and is just a five-minute drive from the town of Almancil, where all necessary amenities can be found. This property is ideal as a vacation home and offers great rental potential.
On the ground floor, you will find a spacious open-plan living area and a fully equipped kitchen that leads out to a private terrace. Additionally, the living room offers access to a covered terrace at the front of the property, perfect for al fresco dining, and to the private swimming pool. The ground floor also includes two bedrooms with fitted wardrobes and access to an outdoor terrace. Moving upstairs, the first floor accommodates the master suite with two private terraces. The basement level has a bedroom, a bathroom, a laundry area, and an additional room suitable for use as a TV or cinema room. The Crest development is secured with 24-hour security and is just a five-minute drive from the town of Almancil, where all necessary amenities can be found. This property is ideal as a vacation home and offers great rental potential.
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Currency Exchange
Almancil, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
Almancil, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
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