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Portugal, Algarve, Altura, Castro Marim For sale magnificent semi-detached house, V2+1, with swimming pool, in the Altura region, with a gross construction area of 168 m², on a plot of 205m², currently under construction (expected end of February 2024)
Castro Marim, Faro, Portugal
REF: 779004
€635,000
Description
Portugal, Algarve, Altura, Castro Marim For sale magnificent semi-detached house, V2+1, with swimming pool, in the Altura region, with a gross construction area of 168 m², on a plot of 205m², currently under construction (expected end of February 2024). The property is located in a quiet, mainly residential area, with excellent exposure to the sun. The house has 3 floors: a semi-buried lower floor and 2 upper floors. The basement (semi-buried) has a surface area of 69m² where you will find a laundry room and a large room that could be converted into a games room, cinema room or any other room you might need. There is plenty of natural light thanks to the large picture windows that give access to the garden and swimming pool, where you can soak up the Algarve sunshine. The ground floor comprises an entrance hall, a utility bathroom, a storage room, a staircase leading to the first floor and a large living room which leads to the modern fully equipped kitchen. The living room is very bright thanks to its large panoramic windows, with access to a large balcony equipped with barbecue and sink, where you can enjoy the view of nature and admire the magnificent sunsets. At the front of the house is a 12 m² covered patio, which can also be used as a garage. The 1st floor has 2 bedrooms, one of which is en suite with shower, a large bathroom with shower and another room that can be used as a study or 3rd bedroom. All the bedrooms have built-in wardrobes, are very bright and have a terrace or balcony. The house is very well equipped: solar water heater, air conditioning, thermal insulation and double glazing with solar protection. The materials and finishes are of the highest quality for maximum comfort. The destination's energy certificate is level A. The property is just 2.5 km (5 minutes by car) from the beautiful beaches of Altura, close to all amenities and services. The landscape and proximity to the beaches offer many opportunities for nature lovers, as well as a wide variety of sporting and leisure activities. Numerous golf courses are nearby. Altura is 45 minutes 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. Book your viewing now or to find out more about this fantastic property in Altura, please do not hesitate to contact us. #ref: 110804
Portugal, Algarve, Altura, Castro Marim For sale magnificent semi-detached house, V2+1, with swimming pool, in the Altura region, with a gross construction area of 168 m², on a plot of 205m², currently under construction (expected end of February 2024). The property is located in a quiet, mainly residential area, with excellent exposure to the sun. The house has 3 floors: a semi-buried lower floor and 2 upper floors. The basement (semi-buried) has a surface area of 69m² where you will find a laundry room and a large room that could be converted into a games room, cinema room or any other room you might need. There is plenty of natural light thanks to the large picture windows that give access to the garden and swimming pool, where you can soak up the Algarve sunshine. The ground floor comprises an entrance hall, a utility bathroom, a storage room, a staircase leading to the first floor and a large living room which leads to the modern fully equipped kitchen. The living room is very bright thanks to its large panoramic windows, with access to a large balcony equipped with barbecue and sink, where you can enjoy the view of nature and admire the magnificent sunsets. At the front of the house is a 12 m² covered patio, which can also be used as a garage. The 1st floor has 2 bedrooms, one of which is en suite with shower, a large bathroom with shower and another room that can be used as a study or 3rd bedroom. All the bedrooms have built-in wardrobes, are very bright and have a terrace or balcony. The house is very well equipped: solar water heater, air conditioning, thermal insulation and double glazing with solar protection. The materials and finishes are of the highest quality for maximum comfort. The destination's energy certificate is level A. The property is just 2.5 km (5 minutes by car) from the beautiful beaches of Altura, close to all amenities and services. The landscape and proximity to the beaches offer many opportunities for nature lovers, as well as a wide variety of sporting and leisure activities. Numerous golf courses are nearby. Altura is 45 minutes 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. Book your viewing now or to find out more about this fantastic property in Altura, please do not hesitate to contact us. #ref: 110804
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Currency Exchange
Castro Marim, 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 €635,000 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 |
|---|---|---|---|
| €635,000 | £525,977 | £545,751 | £19,774 |
| Property Price € | €635,000 |
| Minimum cost in the last six months | £525,977 |
| Maximum cost in the last six months | £545,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,774 |
Castro Marim, 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 €635,000 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 |
|---|---|---|---|
| €635,000 | £525,977 | £545,751 | £19,774 |
| Property Price € | €635,000 |
| Minimum cost in the last six months | £525,977 |
| Maximum cost in the last six months | £545,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,774 |
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 £19,774 more.
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