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Historic four-bedroom villa with garden and swimming pool for sale in the center of Olhão, Algarve
Olhão, Portugal
REF: 748464
€1,290,000
Description
Historic four-bedroom villa with garden and swimming pool for sale in the center of Olhão, Algarve. Built at the beginning of the 20th century, it has been exquisitely renovated in order to preserve its timeless details such as hydraulic mosaics, walls with mural paintings, original moldings, as well as 4-meter-high ceilings, in a perfect fusion with modern amenities. With an impressive entrance, this mansion on the first floor has a living and dining room, a fully equipped kitchen with direct access to the garden, two bedrooms, one of them en suite, and a flexible office-library. The second floor is dedicated to the spectacular master suite, which features a private sitting room, dressing room and a full bathroom. Also on this floor, we have access to a roof terrace under a pergola with beautiful views of the city. There is also the possibility of renting a closed garage located next to the house. Outside, the villa has a pleasant private garden with leisure areas, an outdoor dining area with a summer kitchen and a saltwater swimming pool. Set in the heart of the city of Olhão, this historic residence is within walking distance of all kinds of amenities and services, and just 15 minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 280 m2 | 3 014 sq ftArea: 280 m2 | 3 014 sq ftUseful area: 183 m2 | 1 971 sq ftDeployment Area: 161 m2 | 1 733 sq ftBuilding Area: 161 m2 | 1 733 sq ftBedrooms: 4Bathrooms: 3Energy efficiency: CFEATURES:Historic villa Three bedrooms Two suites Office / Library Equipped kitchen Terrace Garden Swimming pool Air conditioning Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Historic four-bedroom villa with garden and swimming pool for sale in the center of Olhão, Algarve. Built at the beginning of the 20th century, it has been exquisitely renovated in order to preserve its timeless details such as hydraulic mosaics, walls with mural paintings, original moldings, as well as 4-meter-high ceilings, in a perfect fusion with modern amenities. With an impressive entrance, this mansion on the first floor has a living and dining room, a fully equipped kitchen with direct access to the garden, two bedrooms, one of them en suite, and a flexible office-library. The second floor is dedicated to the spectacular master suite, which features a private sitting room, dressing room and a full bathroom. Also on this floor, we have access to a roof terrace under a pergola with beautiful views of the city. There is also the possibility of renting a closed garage located next to the house. Outside, the villa has a pleasant private garden with leisure areas, an outdoor dining area with a summer kitchen and a saltwater swimming pool. Set in the heart of the city of Olhão, this historic residence is within walking distance of all kinds of amenities and services, and just 15 minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 280 m2 | 3 014 sq ftArea: 280 m2 | 3 014 sq ftUseful area: 183 m2 | 1 971 sq ftDeployment Area: 161 m2 | 1 733 sq ftBuilding Area: 161 m2 | 1 733 sq ftBedrooms: 4Bathrooms: 3Energy efficiency: CFEATURES:Historic villa Three bedrooms Two suites Office / Library Equipped kitchen Terrace Garden Swimming pool Air conditioning Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Olhão, 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 €1,290,000 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 |
|---|---|---|---|
| €1,290,000 | £1,068,520 | £1,108,691 | £40,171 |
| Property Price € | €1,290,000 |
| Minimum cost in the last six months | £1,068,520 |
| Maximum cost in the last six months | £1,108,691 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,171 |
Olhão, 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 €1,290,000 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 |
|---|---|---|---|
| €1,290,000 | £1,068,520 | £1,108,691 | £40,171 |
| Property Price € | €1,290,000 |
| Minimum cost in the last six months | £1,068,520 |
| Maximum cost in the last six months | £1,108,691 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,171 |
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 £40,171 more.
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