T3 | Converted warehouse into a 2 Bedroom, a 1 Bedroom and Studio!

Portimão, Faro, Portugal, 8550-827

For Sale

€175,000

REF: 793301 €175,000


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3

Description

Perfect property for profitable investment! RESERVED | Discover the allure of country living redefined in this converted warehouse, which now offers three distinct spaces tailored to modern comfort and rustic charm. Enter the heart of tranquility with a spacious single-story unit with two bedrooms, two bathrooms and a large backyard complemented by a generous patio, ideal for al fresco dining. Adjacent to this inviting residence, a cozy one-bedroom retreat awaits, complete with a charming fireplace, perfect for cozy evenings enveloped in warmth and ambiance. Completing the trio is a versatile studio, providing a serene space for creative endeavors or quiet contemplation. Experience the perfect fusion of rural serenity and contemporary convenience at this captivating rural retreat.

Whether you seek a tranquil sanctuary, a cozy fireside retreat, or a versatile studio, this property promises endless possibilities for harmonious living amid the embrace of nature. Don't miss the opportunity to make this unique sanctuary yours. Unique opportunity to obtain income from 3 units!
Perfect property for profitable investment! RESERVED | Discover the allure of country living redefined in this converted warehouse, which now offers three distinct spaces tailored to modern comfort and rustic charm. Enter the heart of tranquility with a spacious single-story unit with two bedrooms, two bathrooms and a large backyard complemented by a generous patio, ideal for al fresco dining. Adjacent to this inviting residence, a cozy one-bedroom retreat awaits, complete with a charming fireplace, perfect for cozy evenings enveloped in warmth and ambiance. Completing the trio is a versatile studio, providing a serene space for creative endeavors or quiet contemplation. Experience the perfect fusion of rural serenity and contemporary convenience at this captivating rural retreat.

Whether you seek a tranquil sanctuary, a cozy fireside retreat, or a versatile studio, this property promises endless possibilities for harmonious living amid the embrace of nature. Don't miss the opportunity to make this unique sanctuary yours. Unique opportunity to obtain income from 3 units!
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Property on Map

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Currency Exchange

Portimão, Faro, Portugal, 8550-827

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 €175,000 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
€175,000 £144,954 £150,404 £5,450
Property Price € €175,000
Minimum cost in the last six months £144,954
Maximum cost in the last six months £150,404
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,450

Portimão, Faro, Portugal, 8550-827

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 €175,000 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
€175,000 £144,954 £150,404 £5,450
Property Price € €175,000
Minimum cost in the last six months £144,954
Maximum cost in the last six months £150,404
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,450

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 £5,450 more.

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