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House T7 with 530sqm, to rehabilitate and expand, in the center of Tavira, with ample outdoor space
União das Freguesias de Tavira (Santa Maria e Santiago), Faro, Portugal
REF: 757104
€1,500,000
Description
House T7 with 530sqm, to rehabilitate and expand, in the center of Tavira, with ample outdoor space. This villa with high ceilings, wooden ceilings and details in plaster, windows and doors characteristic of the 30s, when it was originally built. An excellent opportunity for a large family dwelling or a charming hotel in the center of Tavira. Composed of housing on the 1st floor, services and warehouses on the ground floor, making a total of 530sqm of gross private area. Possibility of expansion up to 2,000sqm, being allowed the construction of 2 floors plus a recessed. It is a 5-minute walk from the centre of Tavira and a 5-minute drive from the beautiful beaches of Tavira Island, Terra Estreita and Barril. Within a radius of 15 km, there are several golf courses. Faro International Airport is 30 minutes away. Don't miss this opportunity. Request your visit now! Castelhana is a Portuguese real estate agency present in the national market for more than 20 years, specialized in the prime residential market and recognized for the launch of some of the most well-known developments in the national real estate panorama. Founded in 1999, Castelhana provides a comprehensive service in business mediation. We are specialists in investment and in the commercialization of real estate. In the Algarve next to the renowned Marina of Vilamoura. 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!
House T7 with 530sqm, to rehabilitate and expand, in the center of Tavira, with ample outdoor space. This villa with high ceilings, wooden ceilings and details in plaster, windows and doors characteristic of the 30s, when it was originally built. An excellent opportunity for a large family dwelling or a charming hotel in the center of Tavira. Composed of housing on the 1st floor, services and warehouses on the ground floor, making a total of 530sqm of gross private area. Possibility of expansion up to 2,000sqm, being allowed the construction of 2 floors plus a recessed. It is a 5-minute walk from the centre of Tavira and a 5-minute drive from the beautiful beaches of Tavira Island, Terra Estreita and Barril. Within a radius of 15 km, there are several golf courses. Faro International Airport is 30 minutes away. Don't miss this opportunity. Request your visit now! Castelhana is a Portuguese real estate agency present in the national market for more than 20 years, specialized in the prime residential market and recognized for the launch of some of the most well-known developments in the national real estate panorama. Founded in 1999, Castelhana provides a comprehensive service in business mediation. We are specialists in investment and in the commercialization of real estate. In the Algarve next to the renowned Marina of Vilamoura. 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!
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Currency Exchange
União das Freguesias de Tavira (Santa Maria e Santiago), 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,242,465 | £1,289,175 | £46,710 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,242,465 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,710 |
União das Freguesias de Tavira (Santa Maria e Santiago), 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,242,465 | £1,289,175 | £46,710 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,242,465 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,710 |
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 £46,710 more.
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