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"A hidden gem in Portimão waiting to be discovered! This two-story house, with a plot of 311 m2 and 202 m2 built, is the dream of any family looking for comfort
Portimão, Faro, Portugal
REF: 787143
€425,000
Description
"A hidden gem in Portimão waiting to be discovered! This two-story house, with a plot of 311 m2 and 202 m2 built, is the dream of any family looking for comfort. On the first floor, you will find a living room, a cozy kitchen, a spacious bedroom that can become your ideal work corner, a social bathroom and direct access to a backyard with a garden, ideal for relaxing in the sun! In addition, communication with the ground floor gives you the convenience of accessing the cellar and the large garage effortlessly. The second floors, two additional bedrooms and a master suite offer you the privacy you deserve. A second kitchen and separate entrance make this level a perfect opportunity to generate additional income through rental. Enjoy the perfect sun exposure and the charm of the fruit trees on the land, which add a touch of nature and freshness to your new home. Don't miss the opportunity to live in this urban paradise in Portimão! Contact us today to schedule a visit and make your property dreams come true! #ref: 111724
"A hidden gem in Portimão waiting to be discovered! This two-story house, with a plot of 311 m2 and 202 m2 built, is the dream of any family looking for comfort. On the first floor, you will find a living room, a cozy kitchen, a spacious bedroom that can become your ideal work corner, a social bathroom and direct access to a backyard with a garden, ideal for relaxing in the sun! In addition, communication with the ground floor gives you the convenience of accessing the cellar and the large garage effortlessly. The second floors, two additional bedrooms and a master suite offer you the privacy you deserve. A second kitchen and separate entrance make this level a perfect opportunity to generate additional income through rental. Enjoy the perfect sun exposure and the charm of the fruit trees on the land, which add a touch of nature and freshness to your new home. Don't miss the opportunity to live in this urban paradise in Portimão! Contact us today to schedule a visit and make your property dreams come true! #ref: 111724
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Currency Exchange
Portimão, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £352,032 | £365,266 | £13,235 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £352,032 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,235 |
Portimão, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £352,032 | £365,266 | £13,235 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £352,032 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,235 |
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 £13,235 more.
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