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PORTUGAL - ALGARVE - LAGOS - LUZ Charming two-storey traditional-style semi-detached villa, built in 2007, located in a quiet area approximately 10 minutes' walk from Luz beach
Lagos, Faro, Portugal
REF: 781625
€850,000
Description
PORTUGAL - ALGARVE - LAGOS - LUZ Charming two-storey traditional-style semi-detached villa, built in 2007, located in a quiet area approximately 10 minutes' walk from Luz beach. The villa has a garden to the front and rear of the house. There was a swimming pool at the back of the house, which has been removed. But it can be rebuilt. The layout of the house is as follows: On the ground floor there is an entrance hall, to the left there is a beautiful living room with a fireplace, 3 large windows/doors, giving plenty of natural light. To the right there is a large separate kitchen with a direct exit to the garden, the kitchen has a small storage room for shopping and a utility bathroom. Upstairs there are 4 bedrooms with fitted wardrobes, one of which is en suite, 2 bathrooms (1 en suite), each bedroom has a balcony, The house faces east/west. At the back of the courtyard is a garage that has been converted into a T-0 flat, fully furnished and equipped (an additional source of income of 500-550 euros per month). Come and discover this magnificent villa! #ref: 109646
PORTUGAL - ALGARVE - LAGOS - LUZ Charming two-storey traditional-style semi-detached villa, built in 2007, located in a quiet area approximately 10 minutes' walk from Luz beach. The villa has a garden to the front and rear of the house. There was a swimming pool at the back of the house, which has been removed. But it can be rebuilt. The layout of the house is as follows: On the ground floor there is an entrance hall, to the left there is a beautiful living room with a fireplace, 3 large windows/doors, giving plenty of natural light. To the right there is a large separate kitchen with a direct exit to the garden, the kitchen has a small storage room for shopping and a utility bathroom. Upstairs there are 4 bedrooms with fitted wardrobes, one of which is en suite, 2 bathrooms (1 en suite), each bedroom has a balcony, The house faces east/west. At the back of the courtyard is a garage that has been converted into a T-0 flat, fully furnished and equipped (an additional source of income of 500-550 euros per month). Come and discover this magnificent villa! #ref: 109646
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Currency Exchange
Lagos, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
Lagos, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
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