OLHÃO - CENTER - HOUSE TO RECOVER WITH TERRACE

Olhão, Algarve, Portugal

For Sale

€320,000

REF: 667498 €320,000


4

1950

Description

House of old moth, to recover, located in the center of Olhão. Composed of several divisions, spread over two floors and terrace. House of old moth, to recover, located in the center of Olhão. Composed of several divisions, spread over two floors and terrace. Ground floor has kitchen, 1 bedroom, 2 interior bedrooms and bathroom.

On the 1st floor we find a living room, kitchen, 1 bedroom and two interior bedrooms. It also has a spacious terrace overlooking the city. The villa maintains inside some original elements, dating back to the period in which it was built, presenting a huge potential for rehabilitation. It is a 15-minute walk from the riverside area, where the Markets and the loading dock to the islands are located.
House of old moth, to recover, located in the center of Olhão. Composed of several divisions, spread over two floors and terrace. House of old moth, to recover, located in the center of Olhão. Composed of several divisions, spread over two floors and terrace. Ground floor has kitchen, 1 bedroom, 2 interior bedrooms and bathroom.

On the 1st floor we find a living room, kitchen, 1 bedroom and two interior bedrooms. It also has a spacious terrace overlooking the city. The villa maintains inside some original elements, dating back to the period in which it was built, presenting a huge potential for rehabilitation. It is a 15-minute walk from the riverside area, where the Markets and the loading dock to the islands are located.
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Property on Map

#VVO234

Currency Exchange

Olhão, Algarve, 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 €320,000 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
€320,000 £265,059 £275,024 £9,965
Property Price € €320,000
Minimum cost in the last six months £265,059
Maximum cost in the last six months £275,024
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,965

Olhão, Algarve, 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 €320,000 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
€320,000 £265,059 £275,024 £9,965
Property Price € €320,000
Minimum cost in the last six months £265,059
Maximum cost in the last six months £275,024
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,965

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 £9,965 more.

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