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Terraced house with 2 apartments
Lagoa, Faro, Portugal, 8400-365
REF: 837471
€250,000
Description
Property divided into 2 studios (one on the ground floor, one on the first floor) with independent and fully autonomous entrances with a large area of 45m2 each.
This villa was recently finished and is ready to move in or to monetize. Being in the historic center of the City of Lagoa giving value to the properties in this area, close to daily services, restaurants, church, library, access to the EN 125, A22, Silves, Carvoeiro, Ferragudo and Portimão.
With quality finishes, this villa has.. Property divided into 2 studios (one on the ground floor, one on the first floor) with independent and fully autonomous entrances with a large area of 45m2 each.
This villa was recently finished and is ready to move in or to monetize. Being in the historic center of the City of Lagoa giving value to the properties in this area, close to daily services, restaurants, church, library, access to the EN 125, A22, Silves, Carvoeiro, Ferragudo and Portimão.
With quality finishes, this villa has the possibility to apply for the Local Accommodation license and monetize the 2 studios, as everything is thought out in detail with independent electricity and water meters.
Don't miss this investment opportunity for your permanent home, for vacations or even monetize! Book your visit now, make your proposal and we will close the deal!
We carry out online visits to properties in real time through video call (WhatsApp/Messenger) and/or videoconference (Skype/Zoom).
... And you know, the best deals are with BP ALGARVE REALTY!
Property divided into 2 studios (one on the ground floor, one on the first floor) with independent and fully autonomous entrances with a large area of 45m2 each.
This villa was recently finished and is ready to move in or to monetize. Being in the historic center of the City of Lagoa giving value to the properties in this area, close to daily services, restaurants, church, library, access to the EN 125, A22, Silves, Carvoeiro, Ferragudo and Portimão.
With quality finishes, this villa has.. Property divided into 2 studios (one on the ground floor, one on the first floor) with independent and fully autonomous entrances with a large area of 45m2 each.
This villa was recently finished and is ready to move in or to monetize. Being in the historic center of the City of Lagoa giving value to the properties in this area, close to daily services, restaurants, church, library, access to the EN 125, A22, Silves, Carvoeiro, Ferragudo and Portimão.
With quality finishes, this villa has the possibility to apply for the Local Accommodation license and monetize the 2 studios, as everything is thought out in detail with independent electricity and water meters.
Don't miss this investment opportunity for your permanent home, for vacations or even monetize! Book your visit now, make your proposal and we will close the deal!
We carry out online visits to properties in real time through video call (WhatsApp/Messenger) and/or videoconference (Skype/Zoom).
... And you know, the best deals are with BP ALGARVE REALTY!
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Property on Map
Currency Exchange
Lagoa, Faro, Portugal, 8400-365
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,863 | £7,785 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,785 |
Lagoa, Faro, Portugal, 8400-365
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,863 | £7,785 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,785 |
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 £7,785 more.
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