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PORTUGAL -ALGARVE- FARO -MONTENEGRO This semi-detached villa, located in a quiet residential area with easy access, is in the final stages of completion, offering a unique opportunity to acquire a charming new property
Faro, Faro, Portugal
REF: 793446
€540,000
Description
PORTUGAL -ALGARVE- FARO -MONTENEGRO This semi-detached villa, located in a quiet residential area with easy access, is in the final stages of completion, offering a unique opportunity to acquire a charming new property. The ground floor features a spacious open-plan kitchen and living room, with a terrace that extends across the living room and kitchen, providing a perfect space for entertaining and relaxing. Completing the ground floor is a bathroom with shower tray. The first floor offers three bedrooms, all with fitted wardrobes, one of which is en suite with access to a beautiful terrace, as well as two further bathrooms. The property also has a lower floor with a large naturally lit basement and access to the backyard, where a barbecue area is located. Convenience is guaranteed with the proximity of local shops and services. This is an opportunity not to be missed to acquire this beautiful semi-detached house, which offers comfort, practicality and a desirable lifestyle. Book a viewing and discover your new home! #ref: 112974
PORTUGAL -ALGARVE- FARO -MONTENEGRO This semi-detached villa, located in a quiet residential area with easy access, is in the final stages of completion, offering a unique opportunity to acquire a charming new property. The ground floor features a spacious open-plan kitchen and living room, with a terrace that extends across the living room and kitchen, providing a perfect space for entertaining and relaxing. Completing the ground floor is a bathroom with shower tray. The first floor offers three bedrooms, all with fitted wardrobes, one of which is en suite with access to a beautiful terrace, as well as two further bathrooms. The property also has a lower floor with a large naturally lit basement and access to the backyard, where a barbecue area is located. Convenience is guaranteed with the proximity of local shops and services. This is an opportunity not to be missed to acquire this beautiful semi-detached house, which offers comfort, practicality and a desirable lifestyle. Book a viewing and discover your new home! #ref: 112974
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Currency Exchange
Faro, 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 €540,000 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 |
|---|---|---|---|
| €540,000 | £447,287 | £464,103 | £16,816 |
| Property Price € | €540,000 |
| Minimum cost in the last six months | £447,287 |
| Maximum cost in the last six months | £464,103 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,816 |
Faro, 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 €540,000 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 |
|---|---|---|---|
| €540,000 | £447,287 | £464,103 | £16,816 |
| Property Price € | €540,000 |
| Minimum cost in the last six months | £447,287 |
| Maximum cost in the last six months | £464,103 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,816 |
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 £16,816 more.
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