4 Bedroom villa in Loft, with pool, in the historic center in Vila Real St António, Algarve

Vila Real de Santo António, Faro, Portugal

For Sale

€1,300,000

REF: 722946 €1,300,000


4

6

223 m2

376 m2

Description

4 Bedroom villa in Loft, with pool, in the historic center in Vila Real St António, Algarve. This property is currently in an uninhabitable state; It has 2 pre-approved rehabilitation projects: Project 1: - Two large rooms on the ground floor and another room on the 1st floor; - Equipped kitchen; - 4 suites of generous areas, with closet; one of which is on the ground floor; - 2 Social toilets - Garden / patio with swimming pool; - Top terrace Project 2: - Two T2 apartments; - Living room and kitchen in open space, with a total area of 78sqm; - Two generous suites with closet on the 1st floor; - Patio with small pool and; top terrace Trendy and minimalist are the adjectives that can describe the project 'The Loft'.

The house, of traditional architecture and that will be respected in its exterior, will be in its interior, object of modern project, innovative in aesthetic and functional level, with several leisure spaces, generous areas and immense natural light, thanks to the huge windows that frame the whole property, namely in the area of the living rooms and the kitchen with opening to the outdoor patio and to the pool.

The property can be sold in its current state, only with approved project, for the value of 600,000 euros. It is located in the city center, and within walking distance of all commerce and services, as well as the Guadiana River and its marina. Within walking distance there are also several green areas, allowing various outdoor sports, also on the river and in the sea; as well as the so-called Ponta da Areia beach in Vila Real de Santo António, Monte Gordo Beach and Praia Verde.

It is also 10 km from the Spanish border and Castro Marim Golf; and 45 minutes from Faro International Airport. Unique opportunity, to enjoy a sophisticated and elegant space, in quiet and sunny surroundings. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal.

Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In the Algarve next to the renowned Vilamoura Marina. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital, and in Porto, we are based in Foz Do Douro, one of the noblest places in the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
4 Bedroom villa in Loft, with pool, in the historic center in Vila Real St António, Algarve. This property is currently in an uninhabitable state; It has 2 pre-approved rehabilitation projects: Project 1: - Two large rooms on the ground floor and another room on the 1st floor; - Equipped kitchen; - 4 suites of generous areas, with closet; one of which is on the ground floor; - 2 Social toilets - Garden / patio with swimming pool; - Top terrace Project 2: - Two T2 apartments; - Living room and kitchen in open space, with a total area of 78sqm; - Two generous suites with closet on the 1st floor; - Patio with small pool and; top terrace Trendy and minimalist are the adjectives that can describe the project 'The Loft'.

The house, of traditional architecture and that will be respected in its exterior, will be in its interior, object of modern project, innovative in aesthetic and functional level, with several leisure spaces, generous areas and immense natural light, thanks to the huge windows that frame the whole property, namely in the area of the living rooms and the kitchen with opening to the outdoor patio and to the pool.

The property can be sold in its current state, only with approved project, for the value of 600,000 euros. It is located in the city center, and within walking distance of all commerce and services, as well as the Guadiana River and its marina. Within walking distance there are also several green areas, allowing various outdoor sports, also on the river and in the sea; as well as the so-called Ponta da Areia beach in Vila Real de Santo António, Monte Gordo Beach and Praia Verde.

It is also 10 km from the Spanish border and Castro Marim Golf; and 45 minutes from Faro International Airport. Unique opportunity, to enjoy a sophisticated and elegant space, in quiet and sunny surroundings. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal.

Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In the Algarve next to the renowned Vilamoura Marina. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital, and in Porto, we are based in Foz Do Douro, one of the noblest places in the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
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Property on Map

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Currency Exchange

Vila Real de Santo António, 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 €1,300,000 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
€1,300,000 £1,076,803 £1,117,285 £40,482
Property Price € €1,300,000
Minimum cost in the last six months £1,076,803
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,482

Vila Real de Santo António, 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 €1,300,000 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
€1,300,000 £1,076,803 £1,117,285 £40,482
Property Price € €1,300,000
Minimum cost in the last six months £1,076,803
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,482

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 £40,482 more.

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