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Two Houses to restore | Land 8000m2 | Spectacular view of Fuseta
Olhão, Faro, Portugal, 8700-077
REF: 698366
€390,000
Description
Are you looking for a property to rebuild to your liking in a quiet area but just a few minutes from the beach and all shops and services? then this could be what you're looking for! Property located in Moncarapacho, parish of Olhão, consisting of two houses to be restored, one of type T4, terrace with stunning views and 134m2 of built area with a patio of 627m2 and the other type T3 on the ground floor with 134m2 of built area and 394m2 patio, all set on a plot of 8000m2 with trees characteristic of the Algarve region, such as carob, almond and olive trees. The property has access to public services - water, basic sanitation and electricity. It also has easy access to the main road. Surrounding Area:- 2.5 km from the center of the village of Moncarapacho- 5 km from Praia da Fuseta- 5 km from the pier for the Islands- 8 km from Olhão- 16 km from the Center of Faro- 23 km from Faro airport . Book your visit now and don't miss this excellent opportunity. At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
Are you looking for a property to rebuild to your liking in a quiet area but just a few minutes from the beach and all shops and services? then this could be what you're looking for! Property located in Moncarapacho, parish of Olhão, consisting of two houses to be restored, one of type T4, terrace with stunning views and 134m2 of built area with a patio of 627m2 and the other type T3 on the ground floor with 134m2 of built area and 394m2 patio, all set on a plot of 8000m2 with trees characteristic of the Algarve region, such as carob, almond and olive trees. The property has access to public services - water, basic sanitation and electricity. It also has easy access to the main road. Surrounding Area:- 2.5 km from the center of the village of Moncarapacho- 5 km from Praia da Fuseta- 5 km from the pier for the Islands- 8 km from Olhão- 16 km from the Center of Faro- 23 km from Faro airport . Book your visit now and don't miss this excellent opportunity. At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
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Currency Exchange
Olhão, Faro, Portugal, 8700-077
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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
Olhão, Faro, Portugal, 8700-077
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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
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 £12,145 more.
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