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Charming 5 bedroom "Quinta" for sale Paderne, Albufeira
Albufeira, Portugal
REF: 719585
€1,250,000
Description
This charming and rustic design "Quinta" is a secret gem nestled in a quiet valley, in the outskirts of the quaint village of Paderne, Albufeira. Comprises a main villa with 4 bedrooms and three bathrooms (2 en-suite), two reception rooms, large rustic kitchen, a dining room and a covered courtyard; plus a separate guest annex with one bedroom, a bathroom and a fireplace. Built in 1998 by it s current owners, this well appointed property offers ample and bright spaces throughout, and yet boasts a unique traditional and homely feeling to it. Outside, covered by traditional portuguese "cal ada" tiles and surrounded by mature trees, there s various shaded terraces and ambiances to enjoy, relax and entertain. The "half-moon" shaped swimming pool is south facing and a fantastic area to enjoy, all year round. The property requires updating, and is ideal for those who wish to add a personnal touch to their new home. Includes a fantastic agricultural plot with over 2 hectares, making this investment an excellent opportunity with great potential to investors looking to do some refurbishment and have a truly beautiful home or holiday retreat in central Algarve, just 15 minutes from the center of Albufeira and a drive away from most amenities. Don t miss out on this opportunity and book your visit now!
This charming and rustic design "Quinta" is a secret gem nestled in a quiet valley, in the outskirts of the quaint village of Paderne, Albufeira. Comprises a main villa with 4 bedrooms and three bathrooms (2 en-suite), two reception rooms, large rustic kitchen, a dining room and a covered courtyard; plus a separate guest annex with one bedroom, a bathroom and a fireplace. Built in 1998 by it s current owners, this well appointed property offers ample and bright spaces throughout, and yet boasts a unique traditional and homely feeling to it. Outside, covered by traditional portuguese "cal ada" tiles and surrounded by mature trees, there s various shaded terraces and ambiances to enjoy, relax and entertain. The "half-moon" shaped swimming pool is south facing and a fantastic area to enjoy, all year round. The property requires updating, and is ideal for those who wish to add a personnal touch to their new home. Includes a fantastic agricultural plot with over 2 hectares, making this investment an excellent opportunity with great potential to investors looking to do some refurbishment and have a truly beautiful home or holiday retreat in central Algarve, just 15 minutes from the center of Albufeira and a drive away from most amenities. Don t miss out on this opportunity and book your visit now!
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Currency Exchange
Albufeira, 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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
Albufeira, 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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
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 £38,925 more.
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