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Semi-detached house T3+1 with a gross construction area of 172m2
Lagoa (Algarve), Faro, Portugal
REF: 840463
€465,000
Description
Semi-detached house T3+1 with a gross construction area of 172m2. It is located in Vale Talegas in the beautiful village of Estômbar and Parchal, Algarve, just a few minutes from the beautiful beaches of Ferragudo, Portimão, Carvoeiro and Armação de Pera. It consists of ground floor and 1st floor, with high quality finishes. On the ground floor; living room and open-plan kitchen with modern design, fully equipped, with large windows, pantry and office that can be used as a bedroom, guest bathroom. 1st floor: 3 bedrooms (1 en suite) all with fitted closets, full bathroom and all with balconies. Outside, space for a car and a green area. Features; -Air conditioning -Solar panels -Double glazing -Thermal acoustic insulation Construction is scheduled for completion at the end of 2024. (Possibility of changing construction materials) Nearby; In the Lagoa region, we have the Algarve's most popular water parks, golf courses, water sports, the International School and a varied entertainment program with music shows. If you're looking to live close to all these services, but enjoy tranquillity and quality of life, this is the house for you! #ref: 120202
Semi-detached house T3+1 with a gross construction area of 172m2. It is located in Vale Talegas in the beautiful village of Estômbar and Parchal, Algarve, just a few minutes from the beautiful beaches of Ferragudo, Portimão, Carvoeiro and Armação de Pera. It consists of ground floor and 1st floor, with high quality finishes. On the ground floor; living room and open-plan kitchen with modern design, fully equipped, with large windows, pantry and office that can be used as a bedroom, guest bathroom. 1st floor: 3 bedrooms (1 en suite) all with fitted closets, full bathroom and all with balconies. Outside, space for a car and a green area. Features; -Air conditioning -Solar panels -Double glazing -Thermal acoustic insulation Construction is scheduled for completion at the end of 2024. (Possibility of changing construction materials) Nearby; In the Lagoa region, we have the Algarve's most popular water parks, golf courses, water sports, the International School and a varied entertainment program with music shows. If you're looking to live close to all these services, but enjoy tranquillity and quality of life, this is the house for you! #ref: 120202
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Currency Exchange
Lagoa (Algarve), 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £383,114 | £399,644 | £16,531 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £383,114 |
| Maximum cost in the last six months | £399,644 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,531 |
Lagoa (Algarve), 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 €465,000 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 |
|---|---|---|---|
| €465,000 | £383,114 | £399,644 | £16,531 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £383,114 |
| Maximum cost in the last six months | £399,644 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,531 |
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 £16,531 more.
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