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This text is a description of a new 3-bedroom house located in the northern part of Olhão, one of the most picturesque cities in Algarve
Olhão, Faro, Portugal
REF: 676310
€370,000
Description
This text is a description of a new 3-bedroom house located in the northern part of Olhão, one of the most picturesque cities in Algarve. The house is situated in a recent and developing urbanization, providing an excellent opportunity for those seeking a modern home, ready to move in, in a growing area. Upon entering the house, on the ground floor, there is a bedroom, a full bathroom, a spacious living room, and a semi-equipped open-plan kitchen. The kitchen has direct access to the backyard, which features a large leisure area and a barbecue, perfect for enjoying outdoor meals with friends and family. Going up to the first floor, there are two ensuite bedrooms with built-in wardrobes and air conditioning. The bedrooms are spacious and well-lit, providing a comfortable and relaxing environment. The house also features a solar panel, which contributes to the energy efficiency of the house and reduces electricity consumption. Outside the house, there is a parking space, which is a great advantage, especially in urban areas. Located in a growing area, this house is an excellent option for those looking for a modern and ready-to-move-in home. With the possibility of customizing some finishes, this is a unique opportunity to create the home of your dreams. The city of Olhão is known for its narrow streets, white houses, the famous fish market, and being surrounded by beautiful islands. With a privileged location, the house is close to all the city's amenities, including schools, supermarkets, shops, and restaurants. The house's rooms are as follows: living room (21 m2), bedroom (10 m2), kitchen (7 m2), bedroom (16 m2), and bedroom (15 m2). If you're interested in the property, book your visit now. #ref: 92885
This text is a description of a new 3-bedroom house located in the northern part of Olhão, one of the most picturesque cities in Algarve. The house is situated in a recent and developing urbanization, providing an excellent opportunity for those seeking a modern home, ready to move in, in a growing area. Upon entering the house, on the ground floor, there is a bedroom, a full bathroom, a spacious living room, and a semi-equipped open-plan kitchen. The kitchen has direct access to the backyard, which features a large leisure area and a barbecue, perfect for enjoying outdoor meals with friends and family. Going up to the first floor, there are two ensuite bedrooms with built-in wardrobes and air conditioning. The bedrooms are spacious and well-lit, providing a comfortable and relaxing environment. The house also features a solar panel, which contributes to the energy efficiency of the house and reduces electricity consumption. Outside the house, there is a parking space, which is a great advantage, especially in urban areas. Located in a growing area, this house is an excellent option for those looking for a modern and ready-to-move-in home. With the possibility of customizing some finishes, this is a unique opportunity to create the home of your dreams. The city of Olhão is known for its narrow streets, white houses, the famous fish market, and being surrounded by beautiful islands. With a privileged location, the house is close to all the city's amenities, including schools, supermarkets, shops, and restaurants. The house's rooms are as follows: living room (21 m2), bedroom (10 m2), kitchen (7 m2), bedroom (16 m2), and bedroom (15 m2). If you're interested in the property, book your visit now. #ref: 92885
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Currency Exchange
Olhão, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £306,475 | £317,997 | £11,522 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £306,475 |
| Maximum cost in the last six months | £317,997 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,522 |
Olhão, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £306,475 | £317,997 | £11,522 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £306,475 |
| Maximum cost in the last six months | £317,997 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,522 |
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 £11,522 more.
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