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Sale | House | 3+2 bedrooms | 655 sq
Ferragudo, Faro, Portugal
REF: 668246
€1,490,000
Description
Sale | House | 3+2 bedrooms | 655 sq.m | 1102 sq.m Land | Pool | View over the Arade River Excellent opportunity for those looking for a villa overlooking the Arade River, a short distance from the picturesque fishing village of Ferragudo and all the amenities and services available. This is a fantastic villa with 5 bedrooms, 3 of which are en suite, heated swimming pool and barbecue area, garden with fruit trees, set in a plot of land of 1102 sq.m. It has a gross construction area of 655 sq.m spread over 3 floors. The ground floor consists of a large entrance hall that separates the social area from the bedroom area. The social area consists of a dining room that gives us access to a fully equipped kitchen. The dining room also gives access to a large living room with several windows that flood the room with natural light and open onto the outside terrace. The bedroom area comprises 2 bedrooms all with private bathrooms and walk-in closets. The upper floor features the master bedroom with very generous areas, a large bathroom and a very generously sized closet. From the bedroom we have access to a fabulous terrace with privileged views over the Arade River. Going down to the basement, there are two bedrooms with windows and natural light, a complete bathroom, and an equipped laundry room. We also have a multipurpose room with direct access to the pool and barbecue area. It is also possible to find a spacious garage with space for 4 cars. This is an excellent investment, whether for full-time housing, holidays, or rental. This property offers the full experience of the Algarve lifestyle. Location: Ferragudo - municipality of Lagoa. This village offers one of the most beautiful postcards for visiting the Algarve. A hillside full of typical houses, a stone wall that divides the land, from the sea that enters through a river to almost the door of the inhabitants. The villa is located just a few minutes from Praia Grande and Praia dos Caneiros, so you can enjoy walks or bike rides to the beach as a family. Energy Rating: D #ref:MI5622AG_LX
Sale | House | 3+2 bedrooms | 655 sq.m | 1102 sq.m Land | Pool | View over the Arade River Excellent opportunity for those looking for a villa overlooking the Arade River, a short distance from the picturesque fishing village of Ferragudo and all the amenities and services available. This is a fantastic villa with 5 bedrooms, 3 of which are en suite, heated swimming pool and barbecue area, garden with fruit trees, set in a plot of land of 1102 sq.m. It has a gross construction area of 655 sq.m spread over 3 floors. The ground floor consists of a large entrance hall that separates the social area from the bedroom area. The social area consists of a dining room that gives us access to a fully equipped kitchen. The dining room also gives access to a large living room with several windows that flood the room with natural light and open onto the outside terrace. The bedroom area comprises 2 bedrooms all with private bathrooms and walk-in closets. The upper floor features the master bedroom with very generous areas, a large bathroom and a very generously sized closet. From the bedroom we have access to a fabulous terrace with privileged views over the Arade River. Going down to the basement, there are two bedrooms with windows and natural light, a complete bathroom, and an equipped laundry room. We also have a multipurpose room with direct access to the pool and barbecue area. It is also possible to find a spacious garage with space for 4 cars. This is an excellent investment, whether for full-time housing, holidays, or rental. This property offers the full experience of the Algarve lifestyle. Location: Ferragudo - municipality of Lagoa. This village offers one of the most beautiful postcards for visiting the Algarve. A hillside full of typical houses, a stone wall that divides the land, from the sea that enters through a river to almost the door of the inhabitants. The villa is located just a few minutes from Praia Grande and Praia dos Caneiros, so you can enjoy walks or bike rides to the beach as a family. Energy Rating: D #ref:MI5622AG_LX
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Currency Exchange
Ferragudo, Faro, 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 €1,490,000 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 |
|---|---|---|---|
| €1,490,000 | £1,227,611 | £1,280,581 | £52,970 |
| Property Price € | €1,490,000 |
| Minimum cost in the last six months | £1,227,611 |
| Maximum cost in the last six months | £1,280,581 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £52,970 |
Ferragudo, Faro, 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 €1,490,000 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 |
|---|---|---|---|
| €1,490,000 | £1,227,611 | £1,280,581 | £52,970 |
| Property Price € | €1,490,000 |
| Minimum cost in the last six months | £1,227,611 |
| Maximum cost in the last six months | £1,280,581 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £52,970 |
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 £52,970 more.
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