Ground floor unit in Alvor 3 Bedroom ,terrace, basement and box garage

Portimão, Faro, Portugal, 8500-053

For Sale

€275,000

REF: 829295 €275,000


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Description

Location: The villa is located in Alvor, a highly sought after location due to its proximity to the beach and the town of Alvor.Distances: It is a convenient 3 km from the stunning Alvor Beach and just 1 km from the charming village of Alvor, where residents can enjoy a wide range of amenities including restaurants, shops and services.Characteristics of the house floor: This property is located on the ground floor and has 3 bedrooms, for those looking for a spacious residence close to the sea.Front Terrace: The front terrace is a great space to enjoy the Algarve's mild, sunny climate, ideal for al fresco dining or simply relaxing.Box Garage: The addition of a box garage offers convenience to residents by providing secure parking for their vehicles.Basement converted into apartment: The basement has been cleverly transformed into a self-contained apartment offering 2 additional bedrooms, ideal for visitors or to generate additional income through seasonal letting.Common terrace with barbecue: The property also offers a common terrace with barbecue, providing a pleasant social space for residents to enjoy moments of conviviality and socializing.Highlights: Privileged location, close to the beach and the village of Alvor.Generous space with 3 bedrooms on the main floor.Additional flexibility with independent apartment in the basement.Front terrace and common terrace with barbecue, ideal for outdoor entertaining.Box garage for convenient and safe parking.Market potential: This property is ideal for families looking for a permanent residence or holiday home in the Algarve, as well as investors interested in seasonal rental opportunities.

The proximity to the beach, local amenities and space flexibility make this an attractive investment both for personal use and for investment purposes. To Real Estate Consultants:At KW we share business with any consultant or real estate agency, because together we can do more for our clients. If you are a professional in the sector and have a qualified buyer client, contact me!
Location: The villa is located in Alvor, a highly sought after location due to its proximity to the beach and the town of Alvor.Distances: It is a convenient 3 km from the stunning Alvor Beach and just 1 km from the charming village of Alvor, where residents can enjoy a wide range of amenities including restaurants, shops and services.Characteristics of the house floor: This property is located on the ground floor and has 3 bedrooms, for those looking for a spacious residence close to the sea.Front Terrace: The front terrace is a great space to enjoy the Algarve's mild, sunny climate, ideal for al fresco dining or simply relaxing.Box Garage: The addition of a box garage offers convenience to residents by providing secure parking for their vehicles.Basement converted into apartment: The basement has been cleverly transformed into a self-contained apartment offering 2 additional bedrooms, ideal for visitors or to generate additional income through seasonal letting.Common terrace with barbecue: The property also offers a common terrace with barbecue, providing a pleasant social space for residents to enjoy moments of conviviality and socializing.Highlights: Privileged location, close to the beach and the village of Alvor.Generous space with 3 bedrooms on the main floor.Additional flexibility with independent apartment in the basement.Front terrace and common terrace with barbecue, ideal for outdoor entertaining.Box garage for convenient and safe parking.Market potential: This property is ideal for families looking for a permanent residence or holiday home in the Algarve, as well as investors interested in seasonal rental opportunities.

The proximity to the beach, local amenities and space flexibility make this an attractive investment both for personal use and for investment purposes. To Real Estate Consultants:At KW we share business with any consultant or real estate agency, because together we can do more for our clients. If you are a professional in the sector and have a qualified buyer client, contact me!
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Property on Map

#1210-3192

Currency Exchange

Portimão, Faro, Portugal, 8500-053

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 €275,000 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
€275,000 £227,785 £236,349 £8,564
Property Price € €275,000
Minimum cost in the last six months £227,785
Maximum cost in the last six months £236,349
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,564

Portimão, Faro, Portugal, 8500-053

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 €275,000 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
€275,000 £227,785 £236,349 £8,564
Property Price € €275,000
Minimum cost in the last six months £227,785
Maximum cost in the last six months £236,349
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,564

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 £8,564 more.

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