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Portugal, Algarve, Manta Rota, Vila Real de Santo António For sale in Manta Rota, a magnificent three bedroom semi-detached villa with swimming pool, currently under construction, available in the second half of 2024, with a building area of 145 m² on a plot of 202 m²
Vila Real de Santo António, Faro, Portugal
REF: 776967
€500,000
Description
Portugal, Algarve, Manta Rota, Vila Real de Santo António For sale in Manta Rota, a magnificent three bedroom semi-detached villa with swimming pool, currently under construction, available in the second half of 2024, with a building area of 145 m² on a plot of 202 m². The property is located in a quiet area with excellent exposure to the sun. It comprises two floors, plus attic space that could be converted. The ground floor comprises a living room, a semi-equipped kitchen with direct access to a patio with barbecue and sink where you can enjoy your meals al fresco. The patio also has an outdoor shower and a swimming pool (23m²), which is included in this project. Also on the same level, the ground floor includes a service bathroom, a hall and a staircase to the first floor. There is a garage, which could easily be converted into an extra bedroom, study or any other room you might need. In front of this garage is a second patio. The first floor consists of 3 very bright bedrooms, with fitted wardrobes and balconies, one of which is en-suite, as well as a further full family bathroom. The staircase leads to the attic, which is large enough (50m²) to be converted into a bedroom or games room, with built-in wardrobes. The 3 velux windows and access to the balcony provide plenty of natural light. The house will be fitted with a solar water heater, double glazing, high-quality materials and finishes, and pre-installed air conditioning. The desired energy certificate is level A. The property can be sold at a slightly lower price if the swimming pool is not desired and has not yet been built. Located approximately 1 km from the beautiful white sandy beaches of Lota, Manta Rota, close to various amenities and services, namely restaurants, cafes, supermarket, among others and for golf enthusiasts, close to courses such as Monte Rei.... Manta Rota is a 45-minute drive from Faro International Airport, 15 minutes from Spain and 15 minutes from Tavira and Monte Gordo. An excellent opportunity for year-round living or for monetising, close to the great beaches of the Algarve. Book your visit now to find out more about this fantastic property in Manta Rota. #ref: 110585
Portugal, Algarve, Manta Rota, Vila Real de Santo António For sale in Manta Rota, a magnificent three bedroom semi-detached villa with swimming pool, currently under construction, available in the second half of 2024, with a building area of 145 m² on a plot of 202 m². The property is located in a quiet area with excellent exposure to the sun. It comprises two floors, plus attic space that could be converted. The ground floor comprises a living room, a semi-equipped kitchen with direct access to a patio with barbecue and sink where you can enjoy your meals al fresco. The patio also has an outdoor shower and a swimming pool (23m²), which is included in this project. Also on the same level, the ground floor includes a service bathroom, a hall and a staircase to the first floor. There is a garage, which could easily be converted into an extra bedroom, study or any other room you might need. In front of this garage is a second patio. The first floor consists of 3 very bright bedrooms, with fitted wardrobes and balconies, one of which is en-suite, as well as a further full family bathroom. The staircase leads to the attic, which is large enough (50m²) to be converted into a bedroom or games room, with built-in wardrobes. The 3 velux windows and access to the balcony provide plenty of natural light. The house will be fitted with a solar water heater, double glazing, high-quality materials and finishes, and pre-installed air conditioning. The desired energy certificate is level A. The property can be sold at a slightly lower price if the swimming pool is not desired and has not yet been built. Located approximately 1 km from the beautiful white sandy beaches of Lota, Manta Rota, close to various amenities and services, namely restaurants, cafes, supermarket, among others and for golf enthusiasts, close to courses such as Monte Rei.... Manta Rota is a 45-minute drive from Faro International Airport, 15 minutes from Spain and 15 minutes from Tavira and Monte Gordo. An excellent opportunity for year-round living or for monetising, close to the great beaches of the Algarve. Book your visit now to find out more about this fantastic property in Manta Rota. #ref: 110585
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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 €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 | £411,950 | £429,725 | £17,775 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £411,950 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,775 |
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 €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 | £411,950 | £429,725 | £17,775 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £411,950 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,775 |
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 £17,775 more.
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