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4 Bedroom Villa under Construction in Olhão, 9km from Faro
Olhão, Faro, Portugal, 8700-207
REF: 747151
€500,000
Description
4 Bedroom Villa under Construction in Quinta do Sol, in Olhão, 9km from Faro.There are two floors, and the ground floor consists of the kitchen and living room in open space, in a total of 60m , bathroom and a bedroom. Access to the 36m patio overlooking the Ria Formosa is through the bedroom and the kitchen.The upper floor has two bedrooms facing the rear with access to a 12m terrace overlooking the Ria Formosa where the access stairs to the roof terrace are located with 360 views of the mountains, city and estuary. The suite, in a total of 22m , gives access to an uncovered area with 8m facing the front and overlooking the city and the mountains.Possibility to choose the finishes to taste, namely floors, tiles, kitchen and bathrooms.Location in full development in the vicinity of the future City Park of Olhão.Location to:- 1.4km Marina Ria Center;- 9km from Faro;- 14km from Faro International Airport;- 53km from Vila Real da Santo António and- 56km from Ayamonte, Spain.
4 Bedroom Villa under Construction in Quinta do Sol, in Olhão, 9km from Faro.There are two floors, and the ground floor consists of the kitchen and living room in open space, in a total of 60m , bathroom and a bedroom. Access to the 36m patio overlooking the Ria Formosa is through the bedroom and the kitchen.The upper floor has two bedrooms facing the rear with access to a 12m terrace overlooking the Ria Formosa where the access stairs to the roof terrace are located with 360 views of the mountains, city and estuary. The suite, in a total of 22m , gives access to an uncovered area with 8m facing the front and overlooking the city and the mountains.Possibility to choose the finishes to taste, namely floors, tiles, kitchen and bathrooms.Location in full development in the vicinity of the future City Park of Olhão.Location to:- 1.4km Marina Ria Center;- 9km from Faro;- 14km from Faro International Airport;- 53km from Vila Real da Santo António and- 56km from Ayamonte, Spain.
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Currency Exchange
Olhão, Faro, Portugal, 8700-207
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £419,660 | £431,280 | £11,620 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £419,660 |
| Maximum cost in the last six months | £431,280 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,620 |
Olhão, Faro, Portugal, 8700-207
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £419,660 | £431,280 | £11,620 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £419,660 |
| Maximum cost in the last six months | £431,280 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,620 |
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 £11,620 more.
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