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Independent, traditional house, in an area dominated by the magnificent beauty of the cutouts of the cliffs that develop along the south coast of the Algarve, with marked Mediterranean landscape characteristics
Vila do Bispo, Faro, Portugal
REF: 717977
€159,000
Description
Independent, traditional house, in an area dominated by the magnificent beauty of the cutouts of the cliffs that develop along the south coast of the Algarve, with marked Mediterranean landscape characteristics. Consisting of 3 divisions, it is a good example of utilitarian architecture, highlighting, to the north, a double height with a typical Algarve chimney, also clearly visible on the roof. To the south, the main facade stands out, opening onto a private garden, which converges in a beautiful square. Possible rehabilitation, with the possibility of, alternatively, building a house with two floors. Located a few meters from the pleasant Jardim do Bairro, pharmacy, food court, post office and various services. Located between the southern and western coast of Vila do Bispo (the municipality, due to its geographical location, is the only municipality in the country that has two types of coast), which extends to Cabo de S. Vicente, offering coves and bays and a range of magnificent golden sand beaches, famous for surfing and bodyboarding. The coast offers beaches with normally calm seas, with good access, Zavial and Ingrina (about 6 km away), Castelejo (4 km away), Cordoama (4.5 km away) (or more isolated ones, such as Barranco ( 4.5 km) Barriga (5 km) and Murração (4 km). , Mirouço or Manteiga are so many fascinating secrets waiting to be unveiled. Located at the most western end of the region, and with unique conditions and rare beauty, the area also offers nature tourism (trails; mountain biking; horses; mountaineering; paragliding) and is one of the few places in the Algarve region where wild nature , allied to a rich historical and cultural heritage, remains intact. As for accessibility, the EN 268 connects Sagres and, to the north, Aljezur, while, to the west, the EN 125 connects the parish to Lagos, the A 22 and the rest of the Algarve. Illustrative images of a project in the approval phase. #ref: 100723
Independent, traditional house, in an area dominated by the magnificent beauty of the cutouts of the cliffs that develop along the south coast of the Algarve, with marked Mediterranean landscape characteristics. Consisting of 3 divisions, it is a good example of utilitarian architecture, highlighting, to the north, a double height with a typical Algarve chimney, also clearly visible on the roof. To the south, the main facade stands out, opening onto a private garden, which converges in a beautiful square. Possible rehabilitation, with the possibility of, alternatively, building a house with two floors. Located a few meters from the pleasant Jardim do Bairro, pharmacy, food court, post office and various services. Located between the southern and western coast of Vila do Bispo (the municipality, due to its geographical location, is the only municipality in the country that has two types of coast), which extends to Cabo de S. Vicente, offering coves and bays and a range of magnificent golden sand beaches, famous for surfing and bodyboarding. The coast offers beaches with normally calm seas, with good access, Zavial and Ingrina (about 6 km away), Castelejo (4 km away), Cordoama (4.5 km away) (or more isolated ones, such as Barranco ( 4.5 km) Barriga (5 km) and Murração (4 km). , Mirouço or Manteiga are so many fascinating secrets waiting to be unveiled. Located at the most western end of the region, and with unique conditions and rare beauty, the area also offers nature tourism (trails; mountain biking; horses; mountaineering; paragliding) and is one of the few places in the Algarve region where wild nature , allied to a rich historical and cultural heritage, remains intact. As for accessibility, the EN 268 connects Sagres and, to the north, Aljezur, while, to the west, the EN 125 connects the parish to Lagos, the A 22 and the rest of the Algarve. Illustrative images of a project in the approval phase. #ref: 100723
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Currency Exchange
Vila do Bispo, 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 €159,000 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 |
|---|---|---|---|
| €159,000 | £131,701 | £136,653 | £4,951 |
| Property Price € | €159,000 |
| Minimum cost in the last six months | £131,701 |
| Maximum cost in the last six months | £136,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,951 |
Vila do Bispo, 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 €159,000 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 |
|---|---|---|---|
| €159,000 | £131,701 | £136,653 | £4,951 |
| Property Price € | €159,000 |
| Minimum cost in the last six months | £131,701 |
| Maximum cost in the last six months | £136,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,951 |
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 £4,951 more.
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