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TYPICAL HOUSE, CALDAS DE MONCHIQUE, 600 METERS FROM THE SPA, MONCHIQUE
Monchique, Faro, Portugal, 8550-232
REF: 842002
€140,000
Description
Typical 2 bedroom house, Caldas de Monchique, Monchique. Visit this 2 bedroom house, located in Caldas de Monchique and just 600 meters from the Monchique Thermal Baths, an ideal place to enjoy unique and relaxing moments, where you can find a hotel, restaurant, pastries, thermal treatments, leisure areas, spa, etc. House with an area of 112 m2 and a gross construction area of 136 m2. It consists of a living room, 2 bedrooms, hallway, pantry, dining room with stove, kitchen, bathroom, outdoor patio and storage room. East/west sun exposure. Area served by basic sanitation and public water supply.Ideal for own and permanent housing or to monetize.Around 5 km from Monchique and 20 Km from Portimão. Book your visit now and don't miss this excellent opportunity. At KW Flash we have support in the Financing Process (if required). Our branch has a Credit Intermediary Authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with all real estate consultants or agencies with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service. Characteristics: General Characteristics - First Owner; Orientation - East; West; Views - Countryside view; Other features - Balcony; Equipped kitchen; Collection; Home;
Typical 2 bedroom house, Caldas de Monchique, Monchique. Visit this 2 bedroom house, located in Caldas de Monchique and just 600 meters from the Monchique Thermal Baths, an ideal place to enjoy unique and relaxing moments, where you can find a hotel, restaurant, pastries, thermal treatments, leisure areas, spa, etc. House with an area of 112 m2 and a gross construction area of 136 m2. It consists of a living room, 2 bedrooms, hallway, pantry, dining room with stove, kitchen, bathroom, outdoor patio and storage room. East/west sun exposure. Area served by basic sanitation and public water supply.Ideal for own and permanent housing or to monetize.Around 5 km from Monchique and 20 Km from Portimão. Book your visit now and don't miss this excellent opportunity. At KW Flash we have support in the Financing Process (if required). Our branch has a Credit Intermediary Authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with all real estate consultants or agencies with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service. Characteristics: General Characteristics - First Owner; Orientation - East; West; Views - Countryside view; Other features - Balcony; Equipped kitchen; Collection; Home;
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Currency Exchange
Monchique, Faro, Portugal, 8550-232
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 €140,000 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 |
|---|---|---|---|
| €140,000 | £116,463 | £120,487 | £4,024 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £116,463 |
| Maximum cost in the last six months | £120,487 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,024 |
Monchique, Faro, Portugal, 8550-232
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 €140,000 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 |
|---|---|---|---|
| €140,000 | £116,463 | £120,487 | £4,024 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £116,463 |
| Maximum cost in the last six months | £120,487 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,024 |
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 £4,024 more.
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