House in the Centre of Pechão| Housing and Commerce|

Olhão, Faro, Portugal, 8700-178

For Sale

€215,000

REF: 842045 €215,000


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Description

House: Excellent Opportunity in the Town Centre! A property that combines the best of both sides: housing and commerce. Many years ago, this villa had a commercial part in operation, which is now unused. This is a versatile villa that is strategically located in the centre of the town of Pechão. Just 5 minutes from the city of Olhão; 15 minutes from the city of Faro; and close to a pharmacy and supermarkets.

This property has 7 rooms, a patio with a driveway and private parking. Construction area: 141m2 Total Land Area: 480m2 Contact us for more information and to arrange a viewing.
House: Excellent Opportunity in the Town Centre! A property that combines the best of both sides: housing and commerce. Many years ago, this villa had a commercial part in operation, which is now unused. This is a versatile villa that is strategically located in the centre of the town of Pechão. Just 5 minutes from the city of Olhão; 15 minutes from the city of Faro; and close to a pharmacy and supermarkets.

This property has 7 rooms, a patio with a driveway and private parking. Construction area: 141m2 Total Land Area: 480m2 Contact us for more information and to arrange a viewing.
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Property on Map

#2276-1355

Currency Exchange

Olhão, Faro, Portugal, 8700-178

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 €215,000 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
€215,000 £180,454 £185,450 £4,997
Property Price € €215,000
Minimum cost in the last six months £180,454
Maximum cost in the last six months £185,450
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,997

Olhão, Faro, Portugal, 8700-178

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 €215,000 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
€215,000 £180,454 £185,450 £4,997
Property Price € €215,000
Minimum cost in the last six months £180,454
Maximum cost in the last six months £185,450
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,997

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 £4,997 more.

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