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Cozy 2-bedroom House on a land of 550 sq
Loulé, Faro, Portugal, 8100-352
REF: 855493
€260,000
Description
NOTE - This property does not have a Use License or Exemption Certificate (prior to 1951), therefore, it is not available to customers who wish to use Housing Credit. In addition, there is a built-up area for correction.
This beautiful villa is in a reasonable state of conservation and habitable. It is in Nave dos Cordeiros, 3km from Benafim, 18km from Loulé, where you can do your grocery shopping, pharmacy, bank, schools and restaurants.
Implanted in a plot of land of about 550m2, it comprises living room, kitchen with fireplace, 2 bedrooms, bathroom and backyard with storage and a water cistern.
It needs improvements, but it has enormous potential.
Located in a countryside area, enjoying beautiful views of the green valleys and the Algarve mountains, make this place your usual residence or for vacation periods, enjoying the peace and tranquility that the area can provide you.
Features:
- Living area - 58sqm
- Gross built area - 58sqm
- Implantation area - 58sqm
- Plot size - 550sqm
- Year Built - 1937
- Energy Certificate - E
- Annual Municipal Tax - 50 / year aprox.
Call us for more information.
BALSA INVEST. Reliable Businesses.
NOTE - This property does not have a Use License or Exemption Certificate (prior to 1951), therefore, it is not available to customers who wish to use Housing Credit. In addition, there is a built-up area for correction.
This beautiful villa is in a reasonable state of conservation and habitable. It is in Nave dos Cordeiros, 3km from Benafim, 18km from Loulé, where you can do your grocery shopping, pharmacy, bank, schools and restaurants.
Implanted in a plot of land of about 550m2, it comprises living room, kitchen with fireplace, 2 bedrooms, bathroom and backyard with storage and a water cistern.
It needs improvements, but it has enormous potential.
Located in a countryside area, enjoying beautiful views of the green valleys and the Algarve mountains, make this place your usual residence or for vacation periods, enjoying the peace and tranquility that the area can provide you.
Features:
- Living area - 58sqm
- Gross built area - 58sqm
- Implantation area - 58sqm
- Plot size - 550sqm
- Year Built - 1937
- Energy Certificate - E
- Annual Municipal Tax - 50 / year aprox.
Call us for more information.
BALSA INVEST. Reliable Businesses.
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8100-352
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 €260,000 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 |
|---|---|---|---|
| €260,000 | £216,289 | £223,761 | £7,472 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £216,289 |
| Maximum cost in the last six months | £223,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,472 |
Loulé, Faro, Portugal, 8100-352
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 €260,000 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 |
|---|---|---|---|
| €260,000 | £216,289 | £223,761 | £7,472 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £216,289 |
| Maximum cost in the last six months | £223,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,472 |
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 £7,472 more.
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